Real estate in Victoria

  • Median days on market 32
  • Median sale price $595K
  • Number sold 5745
  • Annual growth 6%
  • Total listing 35037
  • Change in rental rate 3%
  • Number of agents 8348
  • Median rent 400pw
  • Median days on market 44
  • Median sale price $505K
  • Number sold 1526
  • Annual growth 5%
  • Total listing 13524
  • Change in rental rate 4%
  • Number of agents 8348
  • Median rent 410pw

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Real Estate Agents in Victoria

Despite its small land mass of approximately 227,000 square kilometres, Victoria (VIC) is not only the most urbanised state, but it is also Australia's most densely populated one, with over 6.3 million residents. It's known for its diversified economy, with thriving sectors ranging from finance and services, to manufacturing, education, and of course, real estate. With the strong and steady growth of the urban state, Melbourne house prices play a major role in setting up Victoria's property market to rival that of NSW's. There are 8348 Real Estate Agents in Victoria.

More than 92364 recently sold properties are evaluated by OpenAgent to identify Victoria's most prominent agents. . The region of Victoria with the most sales was Melbourne. In Victoria OpenAgent has 22537 reviews on 2097 real estate agents.

Median property price for property in VIC

Victoria is recognised as having one of the strongest and steadiest real estate markets in the country. Data shows that median sale prices are continuing to grow for both units and houses across the state at a very steady pace.

VIC OpenAgent Seller Sentiment

Seller sentiment in Victoria has recovered from a negative index of -0.1 at the end of last quarter into positives, with March ending on an index of +0.8.

This could be due to higher clearance rates seen throughout the state.

Real estate agent fees in VIC

While real estate agent commission rates are generally negotiable, the average Victoria commission rate is approximately 2.78%. This percentage is contingent on the active real estate agents statewide, the various markets and properties for sale. Fee structures will also have a significant influence on commission rates, as it may or may not also cover marketing and advertising costs of the property going to market. To estimate the average commission rate for your local area, use our commission calculator below.

Real Estate Commissions Calculator

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Top agents in Victoria

More than 92364 recently sold properties are evaluated by OpenAgent to identify Victoria's most prominent agents. In Victoria OpenAgent has 22537 reviews on 2097 real estate agents. These are the Home Sellers Choice Award winning real estate agents in Victoria.

Will Ainsworth recently sold a 2 bedroom house at 13 Kalinga Street, VIC 3214 Norlane

Joe Mavrikos recently sold a 3 bedroom house at 4 Corella Avenue, VIC 3337 Melton

Tim Heavyside recently sold a 3 bedroom house at 61 Peter Street, VIC 3129 Box Hill North

Shane Spiteri recently sold a 4 bedroom house at 20 Mathews Street, VIC 3338 Melton South

Peter Zervas recently sold a 2 bedroom apartment at 8/158 Bridge Street, VIC 3207 Port Melbourne

Debbie Brettoner recently sold a 4 bedroom house at 22 Greenslate Street, VIC 3978 Clyde North

See all winners