Real estate in Victoria

House Apartment
  • Median days on market 26
  • Median sale price $730K
  • Number sold 6989
  • Annual growth 9%
  • Total listing 17084
  • Change in rental rate 5%
  • Number of agents 8879
  • Median rent 420pw
  • Median days on market 37
  • Median sale price $600K
  • Number sold 2767
  • Annual growth 6%
  • Total listing 11558
  • Change in rental rate -4%
  • Number of agents 8879
  • Median rent 385pw

The State of Victoria owns the copyright in the Property Sales Data and reproduction of that data in any way without the consent of the State of Victoria will constitute a breach of the Copyright Act 1968 (Cth). The State of Victoria does not warrant the accuracy or completeness of the Property Sales Data and any person using or relying upon such information does so on the basis that the State of Victoria accepts no responsibility or liability whatsoever for any errors, faults, defects or omissions in the information supplied.

This publication reproduces materials and content owned or licenced by RP Data Pty Ltd trading as CoreLogic Asia Pacific (CoreLogic) and may include data, statistics, estimates, indices, photographs, maps, tools, calculators (including their outputs), commentary, reports and other information (CoreLogic Data).
© Copyright 2021. CoreLogic and its licensors are the sole and exclusive owners of all rights, title and interest (including intellectual property rights) the CoreLogic Data contained in this publication. All rights reserved.

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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 8879 Real Estate Agents in Victoria.

More than 241169 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 27143 reviews on 2233 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

Having started the quarter slow and steady, Victoria wrapped up Q4 of 2019 with a bang - boasting a +1.2 point spike in sentiment in December. This takes the state to a current index of +6.2 - giving them the highest sentiment across all other states.

Taking a look at the data, this translates to a strong optimism in the market, as 85% of Victorian home sellers believe house prices will continue to grow in the next 6 months.

Read the full report

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.

** This figure is based on data provided to us by real estate agents who use our services.
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Top agents in Victoria

More than 241169 recently sold properties are evaluated by OpenAgent to identify Victoria's most prominent agents. In Victoria OpenAgent has 27143 reviews on 2233 real estate agents. These are the Home Sellers Choice Award winning real estate agents in Victoria.

Shane Spiteri

Shane Spiteri - Home Seller Choice Awards Winner

Shane Spiteri recently sold a 3 bedroom unit at 14/3 Austin Place, VIC 3338 Melton South

Tim Heavyside

Tim Heavyside - Home Seller Choice Awards Winner

Tim Heavyside recently sold a 5 bedroom house at 7 Loma Linda Grove, VIC 3104 Balwyn North

Joe Mavrikos

Joe Mavrikos - Home Seller Choice Awards Winner

Joe Mavrikos recently sold a 4 bedroom house at 15 Banker Street, VIC 3337 Kurunjang

Will Ainsworth

Will Ainsworth - Home Seller Choice Awards Winner

We have no recorded previous sales for Will Ainsworth

Paul and Gina Organtzidis

Paul and Gina Organtzidis - Home Seller Choice Awards Winner

We have no recorded previous sales for Paul and Gina Organtzidis

Paul Ringeri

Paul Ringeri - Home Seller Choice Awards Winner

Paul Ringeri recently sold a 4 bedroom house at 69 Limeburner Grove, VIC 3977 Botanic Ridge

See all winners

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