Real estate in Queensland

  • Median days on market 42
  • Median sale price $487K
  • Number sold 4059
  • Annual growth 2%
  • Total listing 50041
  • Change in rental rate 0%
  • Number of agents 8363
  • Median rent 400pw
  • Median days on market 60
  • Median sale price $372K
  • Number sold 1421
  • Annual growth -1%
  • Total listing 16398
  • Change in rental rate 3%
  • Number of agents 8363
  • Median rent 370pw

Stay up-to-date with what's going on in your area

Real Estate Agents in Queensland

Located in Australia's north east, Queensland (QLD) is the second largest state by land mass. It covers a vast 1.7 million square kilometres of land and accommodates for approximately 5 million residents. Unlike Sydney and Melbourne, Queensland is popular for its warm weather, lower costs of living and cheaper property prices. For these reasons, many Australians have over the years made the move to the sunshine state - with Mackay, Gold Coast, Noosa and Brisbane being the primary choices of relocation. In terms of the Queensland real estate market, the economy is highly driven by trends in tourism, mining and interstate migration - each influencing various parts of the state differently. There are 8363 Real Estate Agents in Queensland.

More than 66354 recently sold properties are evaluated by OpenAgent to identify Queensland's most prominent agents. . The region of Queensland with the most sales was Brisbane. In Queensland OpenAgent has 29347 reviews on 2230 real estate agents.

Median property price for property in QLD

Queensland has been garnering a reputation for being a young buyer's market. While other capital cities on Australia's east coast are in the grips of a housing affordability crisis, there's still plenty of opportunity to snap-up an apartment for under $400k in the bustling regions of Greater Brisbane and the Gold Coast.

While the state median house and unit prices are both under $500k, keep in mind that from region to region, this can vary.

QLD OpenAgent Seller Sentiment

Queensland has bucked the trend with sentiment scores remaining quite strong throughout Q3 2018. The beginning of the quarter was stable at +3.5 points before sloping down to +3.0 and then rising slightly to +3.1 in September.

 

Index scores have not dropped below +3.0 in Queensland since July 2017.

Real estate agent fees in QLD

While real estate agent commission rates are negotiable, the average Queensland commission rate is approximately 2.78%, however depending on what suburb you are selling a property in, that commission rate will vary. Commission rates are up for negotiation, so it's important to interview all shortlisted agents to understand their fee structures and what's included in their overall rate. Some agents, for example, cover marketing and advertising in their overall commission rate, while others will offer the service at an additional cost to the seller. To estimate the average commission rate for your local area, use our commission calculator below.
Real Estate Commissions Calculator

USEFUL RESOURCES

Top agents in QLD

More than 66354 recently sold properties are evaluated by OpenAgent to identify Queensland's most prominent agents. In Queensland OpenAgent has 29347 reviews on 2230 real estate agents. These are the Home Sellers Choice Award winning real estate agents in Queensland.

Leisa Le recently sold a 3 bedroom house at 58 Laricina Circuit, QLD 4078 Forest Lake

Tank Lee recently sold a 3 bedroom house at 17 Whitehill Road, QLD 4305 Newtown

Cheryl Paradise recently sold a 4 bedroom house at 54 Kakadu Street, QLD 4115 Parkinson

Andrew Oostenbrink recently sold a 3 bedroom house at 6 Merriwa Street, QLD 4109 Sunnybank Hills

Rudy Grommen - Principal recently sold a 3 bedroom house at 161 Stuart Street, QLD 4300 Goodna

Pat Barrett recently sold a 0 bedroom land at 69 Weston Street, QLD 4034 Zillmere

See all winners