Domain Market Wrap
Strathfield – Burwood – Ashfield
May 2026 quarter
Dr Nicola Powell
Chief of Research and Economics
Market Overview
Seller activity remains elevated, with total supply rising for the fifth consecutive month to its highest level since 2009 — giving buyers more choice and reinforcing a slowdown in momentum. While new listings eased to a 4-month low, May still recorded a record result for the month, suggesting vendors are bringing stock forward ahead of expected price declines. Auction conditions remain soft, with clearance rates tracking at their lowest level in years and withdrawals rising sharply, pointing to ongoing price resets and more selective demand. Our latest Forecast Report provides a clearer view on how this shift plays out across cities, price points and property types
Auction Market Snapshot
Houses
• Auction Volume: 294
• Clearance Rate: 63.5%
• Sold Prior: 76
• Withdrawn: 36
Units
• Auction Volume: 163
• Clearance Rate: 66.2%
• Sold Prior: 61
• Withdrawn: 15
Days on Market
The average time properties were advertised over the past 3 months:
• Houses: 77.2 days
• Units: 78.2 days
Origin of enquiries
52.9% of sales enquiries in Strathfield – Burwood – Ashfield came from outside the area.