AUC ION EVENT MID-YEAR
29May 2025
The Auction Experience
Brisbane continues to assert itself as one of the most compelling property markets in Australia Over the past few years, despite broader economic headwinds including interest rate hikes, inflationary pressure, and fluctuating equity markets the Brisbane market has not just held its ground but grown significantly With a remarkable annual price increase of 12 3%, Brisbane has now reached a record median house price of $916,732
This sustained growth isn't happening in isolation It's the result of strong underlying fundamentals, including tight housing supply, ongoing population growth, and a wave of infrastructure projects that are reshaping the city's future and investor confidence
Brisbane is undergoing a significant transformation, with major infrastructure projects boosting its appeal and long-term value Leading the charge is the $3 6 billion Queens Wharf development, set to deliver luxury hotels, premium retail, dining, and public spaces that will reshape the CBD and attract international investment
Transport upgrades are also reshaping the city The $6 3 billion Cross River Rail and the Brisbane Metro will vastly improve connectivity and reduce congestion, making many suburbs more accessible and desirable for buyers and investors alike
Meanwhile, the 2032 Olympic and Paralympic Games are driving early investment across the city from sporting infrastructure to housing and public transport These improvements, combined with urban renewal projects and new green bridges, are elevating Brisbane’s liveability and positioning it for sustained growth
While buyer interest remains strong, sellers are still holding back Brisbane’s listing volumes are currently sitting at their lowest levels in over three years According to the latest CoreLogic data, new listings are well below the five-year average, which is creating an undersupply across most suburbs
This imbalance between supply and demand is driving competition among buyers, resulting in multiple offers, quick sales, and rising prices Days on market have shortened, and clearance rates for auctions are holding strong, particularly in high-demand inner and middle-ring suburbs
For sellers, this environment presents a clear opportunity: less competition from other listings means greater visibility, more enquiries, and ultimately, stronger sale prices
May presents a unique window of opportunity for sellers to get ahead of the spring rush With listing volumes still at historic lows and buyer demand remaining high, properties on the market now face less competition maximising exposure and increasing the likelihood of strong sale prices Serious buyers, many of whom have been active since the start of the year, are eager to transact, creating a highly motivated pool of purchasers
Brisbane is experiencing a real estate renaissance buoyed by strategic infrastructure, a booming population, and the prestige of being an Olympic host city With demand outstripping supply, and listing volumes remaining low, sellers are in a strong position to capitalise
A May auction event is not just well-timed it’s a strategic move that leverages market conditions, buyer urgency, and Brisbane’s long-term growth trajectory For sellers looking to achieve a premium price, maximise exposure, and beat the seasonal rush, now is the time to act The window of opportunity is open those who move early are likely to reap the rewards
Christian Hamilton Principal & Auctioneer
Ray White Wilston
Why Auction?
The auction method of sale provides sellers with the best opportunity to achieve a premium for their property Regarded as the most effective way of marketing property for sale, Ray White auctions deliver a clearance rate of 96% across the auction process Auctions deliver a higher chance of selling in nearly half the amount of time of a traditional sale. Statistically auctions sell for a 15% premium compared to traditional sales.
Here are just a few of the benefits of sale by auction:
Auction day acts as a deadline and creates a sense of urgency by guiding potential buyers to the point of decision.
Potential buyers focus on establishing the maximum price they would pay for the property at auction, unlike the traditional sales process where they focus on how little they should offer
The seller always has the option to accept an offer prior to auction day, if an 'auction stopping' offer is received.
The property is neither overpriced or undersold, its value is determined by the market through bids
Competition on auction day drives the price to a premium The best negotiator for any seller is the second buyer
A sale by auction is unconditional and allows the transaction to proceed without any delays – money in the bank in 30 days.
Our Auction Results
Why May?
Supply and demand is what drives every market.
1. First-Mover Advantage
Sellers who list in May can beat the expected influx of spring listings and capture buyer attention while the market is still undersupplied Listing now means less competition, and greater urgency among buyers who have been searching over the quieter months.
2. High Buyer Activity Post-Easter
The Easter and ANZAC Day period typically marks a turning point in buyer behaviour, with activity ramping up significantly from late April into May. With holidays out of the way and school terms resuming, serious buyers re-engage in the market and begin transacting in earnest
3. Favourable Weather
Brisbane’s mild autumn weather makes May an ideal time for showcasing properties. Gardens are lush, homes show beautifully in the crisp light, and buyers are more comfortable inspecting properties in cooler conditions than during the peak summer heat
4. Auction Momentum Builds
As more auctions begin to reappear on the calendar post-Easter, May becomes a month of momentum Buyers conditioned by repeated unsuccessful offers earlier in the year are more motivated to act quickly and bid competitively at auction
5. Time to Settle Before EOFY or Spring
A May auction also provides sellers and buyers ample time to settle before the end of the financial year or prepare for a potential relocation or lifestyle change ahead of spring
CHRISTIAN HAMILTON Principal & Auctioneer
As the Principal and Owner of Ray White Wilston, Christian brings over 9 years of dedicated experience in the real estate industry Before acquiring Ray White Wilston, Christian held the esteemed position of Chief Auctioneer of Harcourts Queensland In this role he worked with over 500 real estate agents across the 55 offices in the network Calling over 1500 auctions annually, Christian was one of the most booked auctioneers in the country - a testament to his auction prowess, real estate knowledge and work ethic.
MITCH PEEREBOOM Principal & Auctioneer
As the Principal and Owner of Ray White Wilston, Mitch is renowned for his real estate acumen and his auctioneering prowess, having conducted over 8000 auctions in his career and was the most booked auctioneer in the state
An Australasian Auctioneer finalist, Mitch’s auctions are high energy, high impact and he is widely considered one of the best auctioneers in the country