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Agent Fees & Marketing Costs

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Property Value Estimate

A current estimated value of your Balaclava property, before talking to the experts.

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List of Top Balaclava Real Estate Agents

There is a huge difference between good and bad agents.

The best agents don’t just sell loads of properties - they sell them faster and at higher values. We've collected data on all of the top agents in Balaclava below, so you can see what kind of difference an experienced agent makes.

In the past 12 months, Balaclava real estate agents have sold 74 properties. apartments in Balaclava spent 46 days on the market before selling. Most properties sold were units.

We have prepared a shortlist of agents operating in Balaclava, but the agents on this list may not suit your style of property. Individual agent performance can vary significantly, even if the agents share the same agencies or office.

Which Real Estate Agent calculates a list of 3 top local agents from all agent sales data in the area, personalised to your property. Get started with our agent comparison tool.

Which Real Estate Agent's Best Balaclava Agents

Good agent selection means you increase your chances dramatically of a higher property price and an easy, quick sale. We can calculate a shortlist of top agents through our agent comparison tool.

To start selling, it's best to speak with a top-performing local real estate agent who has experience with properties like yours and can work well with you.

Properties Sold

74

(12 Months to Mar 2024)
Different Agents Used

16

(Mar 2024)
Different Agencies Used

7

(Mar 2024)

A suitable agent should be focused on selling property near yours (bonus for the same street!), experienced at selling property like yours, have a strong history of successful negotiations, and possess a personality that works well with potential buyers and yourself. Most agents have a particular focus, e.g. units within a certain area, price bracket, and a ranking within their agency. We do everything we can to identify these agents for you.

We've crunched the numbers on properties sold in Balaclava and have identified top agents that don’t just sell a lot of properties, but those that appear to sell for more and faster than their competitors.

Balaclava Agents That Sell For Higher Prices

Suburb Avg.
$881,520
Top 3 Agents
$1,349,000

Top agents achieved 1.5x higher prices than the suburb average.

Agents with good negotiation skills and strong contacts in the local real estate industry can often bump your property values, covering their fees and getting more in your pocket.

Balaclava Agents With The Most Experience

Suburb Avg.
1
Top 3 Agents
2

Top agents achieved 2.0x more sales than the suburb average.

Top real estate agents in Balaclava do not usually handle properties in just Balaclava but also nearby suburbs that might not have similar property markets to Balaclava. You need a top agent who has a core focus on selling property similar to yours in Balaclava. Doing this will ensure that your property will sell for a better price and faster.

Why Use Us

Our service is 100% free and no obligation to you.

We are an independent Australian company that helps property owners make informed decisions on which real estate agent to use. We provide independent performance data on real estate agents, making it easy for you to identify the best suited agents to interview and ultimately achieve the best price.

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What To Pay Your Balaclava Agent

The lowest fee should not be your top requirement in an agent. Rather, you should look for agents that can strongly back up their fee structure and commission rate.

An agent with a strong sales background in selling quickly and for a higher price will often cover their fee and more. Receive a shortlist of top agents in the local Balaclava area from our agent comparison tool to sell confidently.

Balaclava is one of the more affordable suburbs in Australia when it comes to real estate agent commission rates. Experience has shown us that real estate agent commission rates in Balaclava average around 1.9%.

The commission rate in Balaclava is on average lower than most other suburbs in Australia, which means you get to keep some more of your profit compared to sellers in other areas. Don’t forget that you can still negotiate a better rate with your agent, or how much goes into advertising.

1.9%
Balaclava Average Commission Rate
~2.1%
National Average Commission Rate

Use the real estate agent fee calculator below to determine how much it may cost to sell your property in Victoria. Amounts calculated include 10% GST, but exclude other costs an agent may charge such as advertising and marketing.

$0.00

Estimated Agent Commission

More Information

The data on this website, including in the graphs and calculator, is approximate in nature and should not be relied upon.

Talking to a top local real estate agent is a good first step to determine what you may be required to pay to sell your property and to understand the local property market.

The graph and calculator use data collected by Which Real Estate Agent in 2019, and provides a state-wide average estimation of commission rate. The data presented should only be used as an indication of what you may be required to pay.

Be careful of extra fees that may be charged by a real estate agent. We recommend you properly review the agency agreement and cost schedules, so there are no surprises when you are presented with the final bill.

There is almost always room to negotiate commissions with agents. Do not be afraid to ask for an agent fee structure that favours your situation and ensures the agent does their job.

However, remember that an agent willing to drop their agent fees to rock-bottom are not likely to have your best interests at heart. Make sure you’re not just padding out someone else’s sales statistics - you should spend a little more to make more.

Need more information about agent fees or costs? Read our comprehensive guide to the fees charged by agents here.

Frequently Asked Questions

SHOULD I SELL MY HOUSE IN Balaclava IN 2024?

According to our data, you may want to consider selling your Balaclava property in 2024.

The average apartments and units growth in Balaclava has risen to 1.7% over the past 10 years. The increase in property values has led to an appreciating market where selling your property is generally easier and buyers are generally more competitive.

Price growth for Balaclava houses over the last year has been above the ten year annual growth rate, coming in at 11.3% for houses (compared to the 10 year average, 4.4%).

Units/apartment values over the past 12 months in Balaclava have moved lower for -4.5%, compared to the 10 year average, 1.7%.

To find out how to sell your house and to find the best agent, click here.

WHAT IS MY HOUSE PRICE ESTIMATE?

There are several variables that can affect property values in Balaclava. To accurately estimate the value of your Balaclava property, these variables need to be taken into account.

One example of a variable that affects your house price is proximity to local area amenities.

Proximity to Balaclava local amenities is something that rarely changes. If your property is within walking/driving distance to Balaclava amenities/shopping areas/schools/restaurants, your property value estimation tends to be higher.

Proximity to amenities should be taken into account when estimating property values, along with distance to city areas, property type, condition of the property and more.

Figure out the value of your home, and start your selling journey with some confidence. Get started by requesting a property appraisal from an agent today.

WHAT ARE THE STEPS TO SELLING MY Balaclava HOUSE?

There’s a lot to think about when selling your Balaclava property, and a lot of it happens before signing up with an agent.

It’s a good idea to start with some independent research, before committing to selling your Balaclava property. Start by looking at property market statistics which will give you an idea of property values and price trends. Speak with a few agents to see what they think of your property, and how to best market and sell your home.

Making mistakes at this stage could cost you a lot of time and money. Hiring an experienced local real estate agent betters your chances of a hassle-free selling process that ends in a good result for you.

If you need more in-depth information on each step of the selling process, read our comprehensive guide on selling here.

HOW DO I FIND THE BEST REAL ESTATE AGENT IN Balaclava?

To find the top agents in your area, look into the sales histories and statistics behind each agent in your area. The best indicator is experience selling similar properties in the local area. This equates to knowledge behind positioning the property to the target market and an active list of prospective buyers that ultimately assists in achieving the best price.

Interview multiple agents to get a feel for fees and quality, and ask for as much proof as possible that they can do the job well.

Get more guides on choosing or finding the best agents here. Get a free shortlist of real estate agents in Balaclava by using our real estate agent comparison tool. We look into agents who sell quickly for the highest prices to ensure you get the best result.

HOW COULD THIS SERVICE BE FREE?

If an agent we suggest is successful in selling your home, they pay us an industry-standard referral fee. If the agent is unsuccessful, there is no fee payable.

This means it is in our best interest to find a top-performing real estate agent that can sell your property with minimum fuss.

IS YOUR AGENT ANALYSIS BIASED IN ANY WAY?

No. In comparison to our competitors, we do NOT have a limited database of agents to work with. We do not have special agreements with any agents or agencies for property sales.

Which Real Estate Agent is unique in that we carefully analyse the local agents in the area and base our recommendations upon individual agent sales histories and customer reviews.

In addition, we receive the same referral fee regardless of which suggested agent is chosen by you. We only receive the fee if the property is sold.

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Balaclava Suburb Overview

Balaclava is a suburb of Melbourne, Victoria, Australia, 7 km south from Melbourne’s Central Business District. Its Local Government Area is the City of Port Phillip. At the 2011 Census, Balaclava had a population of 5,383.

Balaclava is located in the south-east of the city, in the St Kilda East area and is bounded by Inkerman Street to the north, Chapel Street to the west, Hotham Street to the east and Oak Grove and Los Angeles Court to the south. In terms of its cadastral division, Balaclava is in the parish of Prahran, within the County of Bourke

The suburb was named after the Battle of Balaclava that took place on 25 October 1854, during the Crimean War.

Well known television celebrity Graham Kennedy spent part of his childhood in the Balaclava area. After his death, the local council placed a commemorative plaque on the house in which he lived.

Balaclava is home to much of Melbourne’s Orthodox Jewish Community, consisting of both Hasidim and non-Hasidim Jews. Within its confines are a number of kosher restaurants and shops that cater to the local and broader Melbourne Haredi communities.

Many streets in Balaclava and its vicinity are named after Crimean War battles;e.g., the Battle of Balaclava, the Battle of Inkerman, the Siege of Sevastopol, the Battle of the Alma River and the Battle of Malakoff.

Other streets in the district are named after people connected with the Crimean War;e.g., Lord Raglan, Lord Cardigan, Florence Nightingale, Fran

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