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Overview

Melbourne

Melbourne is home to 9,445 active real estate agents and 1,817 active real estate agencies.  There are 75 agents who are known for their trustworthiness, and 619 agents known for being pricing experts.

Over the past 12 months there have been 94,526 active and sold properties, with 17,883 reviews in total. This is a 1% decrease compared to the previous 12 months.

85%
Happiness rating
17,883
Reviews collected
9,445
Active agents
1,817
Active agencies
94,526
Properties sold
29,937
Properties active

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Local market insights

Sellers in Melbourne are some of the happiest

85% of sellers reported being happy with their sale price in the last 12 months.

Favourable sellers market in Melbourne

Median sale prices for houses is up 5% YoY making it a great time to consult local agents about selling.

Melbourne is known for its price experts

619 agents have earned the Price Expert badge - reflecting their ability to achieve a price that meets or exceeds their clients expectations.

Property market insights

Price and performance data by property type for Melbourne.

Median price snapshot for houses

The median sale price for houses in Melbourne is $902.12k, up 5% over the last 12 months. The number of houses sold has decreased by 2% over the last 12 months.

Median house price
$902.12k
Median days on market for houses
29
Bedrooms
Median Price
Sold
3 bedroom
$833.42k
22027
4 bedroom
$920.33k
23417
5 bedroom
$1.38m
5162

Happy sellers in Melbourne

85%
85% of sellers in Melbourne reported that their sale price either exceeded or met their price expectations.

Melbourne stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 13269 reviews in Melbourne over the last 12 months.

Top agencies by market share

Over the 12 months Marshall White - Stonnington have sold 842 properties, which accounts for 1% of the property sales in Melbourne. This is followed by Harcourts Rata & Co - Thomastown/Lalor with 729 property sales (1%) and Area Specialist - VIC at 721 property sales (1%).

Marshall White - Stonnington
1%
Harcourts Rata & Co - Thomastown/Lalor
1%
Area Specialist - VIC
1%

The RateMyAgent Experience

Every verified review on RateMyAgent is linked to a specific property transaction, ensuring that the feedback comes from real buyers and sellers. This also allows you to view key property details - such as location and number of bedrooms - so you can find reviews relevant to your own real estate journey. With our verification process, you can trust that the experiences shared are real, reliable, and helpful.

Integrity is at the core of what we do. We conduct rigorous daily integrity checks on all reviews, using multi-stage verification to analyse submission data and behavioural patterns for potential anomalies. Suspicious reviews may be rejected outright or escalated for further scrutiny by our internal team.

Transparency and fairness are core to how RateMyAgent works. While it’s sometimes assumed that only positive reviews appear on our platform, that’s not the case.
Only clients involved in an actual transaction with an agent can leave a review. This helps ensure authenticity and prevents fake or anonymous feedback. Agent's have no control over what’s written - every review, whether positive or critical, is published and remains visible.

Through verified reviews and price satisfaction insights, we highlight top-performing agents who consistently exceed client expectations. All agents can request and collect reviews for free, and subscription status has no impact on rankings or award eligibility. Our Agent of the Year Awards and platform rankings are based solely on verified client feedback and performance. By celebrating excellence fairly and transparently, we help consumers find the best agents with confidence.

Learn more
Award winning agent
For Melbourne
Michelle Stephens
Michelle Stephens

OBrien Real Estate Carrum Downs & Langwarrin


Award winning agency
For Melbourne
Jas Stephens Real Estate
Jas Stephens Real Estate
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