Find the top real estate agents in Melbourne

Melbourne remains a city of clear rings and varied buyer pools. The CBD is the dominant employment core and keeps a steady draw for professionals seeking walkable inner-city living, while the Inner South and Bayside offer established beachside and higher-value pockets that typically attract downsizers and owner-occupiers. Eastern and North Eastern Melbourne are largely family-focused and valued for school catchments and leafy streets, and the outer corridors in South Eastern and Western Melbourne are major growth areas for buyers chasing more space and new housing stock. Median prices have edged up gently, up 3.2% on the year to $785,000, and the median sits just off the cycle high reached in May 2026.

City-shaping transport upgrades such as the Metro Tunnel and ongoing planning for airport rail are concentrating attention on precincts close to the CBD and major train corridors, while broader state planning is nudging medium-density housing closer to activity centres. Homes are selling in a median of 30 days, much the same pace as a year ago, the slowest pace in three years. Auctions are clearing at 64% over the past year.⁽¹⁾ Selective offshore interest is returning to higher-value bayside and inner-city apartment pockets, which can lift demand for well-presented properties.

The average commission rate is 1.78% (around $14,000 on a median-priced home). In Melbourne, rates are typically lower than in regional areas because high property values and dense competition allow for tighter margins. In regional areas, rates often increase to reflect longer campaign periods and broader marketing reach. Choosing a Melbourne real estate agent with local knowledge and experience and broad reach matters when you want targeted exposure and efficient campaign management. When selecting an agent, look beyond the commission rate. Compare their specific track record in your local area, their recent sales volume, and their experience with properties similar to yours. Receive a personalised shortlist of top agents in your local area from our agent comparison tool to sell more confidently.