The preliminary clearance across Australia’s combined capital cities rose above 60% for the first time since early June, according to CoreLogic.

There were 1,603 homes that went under the hammer last week, up nine per cent on the previous week.

A national preliminary clearance rate of 61.5% was recorded from the 1,176 results collected so far.

The early clearance rate was up from 59.5% during the previous week, but down from the 70% reported during the same week last year.

In Sydney, there were 620 auctions across the city last week, returning a preliminary clearance rate of 59.7% from the 467 results collected so far.

CoreLogic Economist Kaytlin Ezzy said Sydney’s 25.5% withdrawal rate was a key factor in dragging the Sydney clearance rate lower last week.

In comparison, the city recorded a 60.6% clearance rate during the previous week and an 81.3% success rate during the same week last year.

Melbourne held 622 auctions last week, recording a 65.5% preliminary clearance rate out of the 478 results collected so far.

Last week marked Melbourne’s highest preliminary clearance rate since the week ending May 1 – before the RBA’s first cash rate hike.

Melbourne’s latest preliminary clearance rate was up from 61.7% recorded during the previous week and up from 59.9% recorded during the same week last year.

Brisbane and Adelaide held 131 and 128 auctions respectively last week.

Adelaide recorded a 71.6% preliminary clearance rate last week, while Brisbane reached 40.7%.

There were 85 auctions in Canberra and 16 auctions scheduled in Perth.

Canberra returned a 63.9% preliminary clearance rate last week, while five out of Perth’s 11 results collected so far were successful.

There was a single auction held in Tasmania, which was successful.