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Overview

Melbourne

Melbourne is home to 900 active real estate agents and 705 active real estate offices.  There are 2 agents who are known for their trustworthiness, and 56 agents known for being pricing experts.

Over the past 12 months there have been 2,172 active and sold properties, with 145 reviews in total. This is a 9% decrease compared to the previous 12 months.

82%
Happiness rating
145
Reviews collected
900
Active agents
705
Active offices
2,172
Properties sold
1,123
Properties active

Latest reviews in Melbourne

Local market insights

Sellers in Melbourne are some of the happiest

82% of sellers reported being happy with their sale price in the last 12 months.

Favourable buyers market in Melbourne

The median sales price for houses is down by 3% YoY making it a great time for buyers.

Melbourne is known for its price experts

56 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 single-family properties

The median sale price for single-family properties in Melbourne is $424.82k, down 5% over the last 12 months. The number of single-family properties sold has decreased by 10% over the last 12 months.

Median single-family price
$424.82k
Median days on market for single-family properties
38
Bedrooms
Median Price
Sold
2 bedroom
$265k
126
3 bedroom
$367.87k
905
4 bedroom
$597k
585

Happy sellers in Melbourne

82%
82% 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 65 reviews in Melbourne over the last 12 months.

Top agencies by market share

Over the 12 months DENOVO REALTY have sold 165 properties, which accounts for 4% of the property sales in Melbourne. This is followed by Keller Williams Realty Brevard with 160 property sales (4%) and REMAX Aerospace Realty | Satellite Beach at 159 property sales (4%).

DENOVO REALTY
4%
Keller Williams Realty Brevard
4%
REMAX Aerospace Realty | Satellite Beach
4%

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 analyze submission data and behavioral 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
Kristen Bear
Kristen Bear

Selling 321

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