Buyer's agents across Melbourne are arriving at Saturday auctions with pre-registered bidder numbers, printed comparable sales sheets and a strict cap on client budgets to counter rising competition in July 2026.
The tactics matter now because clearance rates have climbed from 62 per cent in April to 68 per cent last weekend, pushing median house prices to $920,000 and unit prices to $620,000 while migration-driven demand keeps volumes high in the Inner East and Bayside corridors.
Agents report particular pressure at venues near Chapel Street in Prahran and along the Frankston rail line where three-bedroom homes in the $850,000 to $1.1 million range are drawing 12 to 15 registered bidders each week.
Arrival and registration routines
Experienced agents reach the auction site 45 minutes early to check the crowd size, note any rival agents and confirm the vendor's reserve with the selling agent before the first bid is called. They then register their client's number at the desk and position themselves on the opposite side of the crowd from other agents to avoid signalling interest through body language.
During the bidding they use incremental raises of $5,000 once the price passes $900,000, pausing only when the auctioneer calls for $10,000 increments, a move that has helped clients in Kew and Brighton secure properties $20,000 to $35,000 below initial vendor expectations this month.
One agent described keeping a second phone line open to the buyer outside the crowd so last-second instructions can be relayed without drawing attention from competing bidders.
Post-auction follow-up
When a property passes in, agents immediately approach the selling agent to arrange a private inspection within 48 hours and submit a formal offer before other parties can regroup. This approach has produced contracts on two Kew properties listed at $1.05 million that settled at $985,000 within four days of the failed auction.
Buyers planning to attend auctions in the coming weeks are advised to confirm their maximum price with their agent at least 24 hours beforehand and to carry printed evidence of funds rather than relying on mobile banking apps that can fail at critical moments.
This article is general information only and is not personal financial or investment advice. Consider your own circumstances and seek licensed professional advice before making financial decisions.
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