A dip in number of homes sold at auction in Sydney has been offset by a rise in Melbourne.
The average of auction clearance rate in Australia's capital cities rose to 76.5 per cent in the week ending August 28, from 75.2 per cent the previous week, property market analytics firm Corelogic says.
That's also higher than the rate of 73.4 per cent recorded the same week a year ago.
Sydney's rate may have slipped to 81 per cent, but that was only from an extraordinary rate of 86.4 per cent.
And, its fall was offset by the jump in Melbourne's rate from 76.1 per cent to 79 per cent.
Meanwhile, less than half the number of homes put under the hammer in Brisbane last week were sold.
The Queensland capital's auction clearance rate has fallen to 47.2 per cent, from 56.5 per cent the previous week.
CoreLogic also said the average home prices rose 0.5 per cent on the week before.
For once Perth prices lifted, up 1.9 per cent of the previous week, but they are still down 4.9 per cent year to date and down 3.7 per cent from the same week last year. The price lift came despite the number of properties put on the market there rising 8.9 per cent and the number of auctions cleared falling to just 21.4 per cent.
Melbourne also helped the national lift, rising 0.8 per cent.
In other mainland capitals, prices were up 0.2 per cent in Sydney, and by 0.1 per cent in both Brisbane/Gold Coast and Adelaide.
