I get a weekly email with the saturday auction clearance rates, and it always surprises me why the clearance rate in QLD is so low compared to the other big cities. I get that Melbourne and Sydney are very hot places with clearance rates consistently in the 70-85%, that makes sense. What doesn't 'make sense is why Brisbane is always 40-50% over the last few years. Moreover, even places like South Australia, Western Australia and ACT are higher despite all having less scheduled auctions. Auction Results & Saturday Auction Clearance Rates Victoria 75% Clearance rate* 687 scheduled auctions New South Wales 81% Clearance rate* 1243 scheduled auctions Queensland 42% Clearance rate* 410 scheduled auctions South Australia 71% Clearance rate* 170 scheduled auctions Western Australia 58% Clearance rate* 74 scheduled auctions Australian Capital Territory 82% Clearance rate* 90 scheduled auctions When investors were polled recently, I heard most thought Brisbane/SEQ was the best place to buy now. Then why on earth are the Auction clearance rates so low here? It feels like such a statistical abnormality, that happens week in, week out.