Predictions for the auction sector in 2025

December 19, 2024 PR Officer

By Daniel Gale, Head of Auctions, First For Auctions

Guide price uplift has been a consistent theme, with 2024 seeing strong results across our auctions. This trend is expected to continue, as competitive bidding reflects high demand for realistically priced properties.

As we look ahead to 2025, the property auction sector is expected to face both challenges and opportunities, with several key factors shaping the market. Auctions will become an appealing option for landlords seeking a swift exit strategy, especially as compliance costs rise. This shift is likely to bring a variety of rental properties to the auction market, providing valuable opportunities for buyers.

With interest rates projected to stabilise, or even begin to decrease, we anticipate a renewed interest from investors looking to reinvest capital into property as a way to achieve strong returns. Property remains a reliable investment, and as rates ease, buyers will be more inclined to re-enter the market through auctions, where they can secure assets in a fast-paced, transparent environment.

A defining feature of the properties we’re bringing to auction is their minimal renovation requirement. Unlike previous years, many of the buildings currently available do not demand extensive work. This means buyers can acquire properties that are nearly ready for occupancy or investment, making auctions an even more attractive option in 2025.