Compare All Southbank Agents
Rank individual agents by experience at selling similar properties to yours.
Agent Fees & Marketing Costs
Instantly see average agent fees in Southbank & marketing costs.
Property Value Estimate
A current estimated value of your Southbank property, before talking to the experts.
List of Top Southbank 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 Southbank below, so you can see what kind of difference an experienced agent makes.
In the past 12 months, Southbank real estate agents have sold 785 properties. apartments in Southbank spent 41 days on the market before selling. Most properties sold were units.
We have prepared a shortlist of agents operating in Southbank, 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 Southbank 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
785
(12 Months to Mar 2024)Different Agents Used
49
(Mar 2024)Different Agencies Used
22
(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 Southbank 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.
Southbank Agents That Sell For Higher Prices
Suburb Avg.
$636,499
Top 3 Agents
$840,019
Top agents achieved 1.3x higher prices than the suburb average.
Skilled real estate agents can increase the value of your Southbank property through negotiation and driving competition among buyers. With strong negotiation skills and connections within the Southbank real estate field, they often deliver more than other real estate agents can.
Southbank Agents That Sell Faster
Suburb Avg.
57 Days
Top 3 Agents
37 Days
The top 3 agents in Southbank sell 1.5x faster than the suburb average.
A strong advertising strategy or an extensive buyer’s database typically speeds up the selling process immensely, so ensure your agent can provide both.
Southbank Agents With The Most Experience
Suburb Avg.
2
Top 3 Agents
6
Top agents achieved 3.0x more sales than the suburb average.
Good real estate agents have a sales record that includes sales in suburbs surrounding Southbank. You need to find a top agent with sales histories and expertise handling similar properties to yours in or near Southbank.
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.
Fast, Easy & Powerful
Instantly see agents, and compare based on sales, average sale price, property type & more.
Free & No Obligation
Completely free to use. We receive a referral fee from the agent, only if they sell your property.
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You’re free to use any agent in Australia.
100% no obligation service.
What To Pay Your Southbank 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 Southbank area from our agent comparison tool to sell confidently.
Southbank 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 Southbank average around 1.9%.
The commission rate in Southbank 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%
Southbank 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.
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 Southbank IN 2024?
According to our data, you may want to consider selling your Southbank property in 2024.
The average apartments and units growth in Southbank has risen to 0.6% 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.
Units/apartment values over the past 12 months in Southbank have grown higher for 3.6%, compared to the 10 year average, 0.6%.
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 Southbank. To accurately estimate the value of your Southbank 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 Southbank local amenities is something that rarely changes. If your property is within walking/driving distance to Southbank 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 Southbank HOUSE?
There’s a lot to think about when selling your Southbank 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 Southbank 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 Southbank?
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 Southbank 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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Find the Best Real Estate Agent In Southbank
Southbank Suburb Overview
Southbank is a suburb of Melbourne, Victoria, Australia, 1km south from Melbourne’s Central Business District. Its Local Government Area are the Cities of Melbourne and Port Phillp. At the 2011 Census, Southbank had a population of 11,235.
Southbank is an inner city suburb of Melbourne, located direct south of the Yarra River, opposite Melbourne’s Hoddle Grid. Its northernmost area is considered part of the Central Business District and Central Activities District of the City. Southbank is bordered to the north by the Yarra River, and to the east by St Kilda Road. Southbank’s southern and western borders are bounded by Dorcas Street, Kings Way, the West Gate Freeway and Montague Street.
Southbank was formerly an industrial area and part of South Melbourne. It was transformed into a densely populated district of high rise apartment and office buildings beginning in the early 1990s, as part of an urban renewal program. With the exceptions of the cultural precinct along St Kilda Road, few buildings built before this time were spared by redevelopment.
Today Southbank is dominated by high-rise development. It is one of the primary business centres in Greater Melbourne, being the headquarters of Foster’s, Treasury Wine Estates, Crown Limited, Alumina, Incitec Pivot, The Herald and Weekly Times, as well as regional offices of many major corporations, in a cluster of towers with over 340,000 square metres of office space in 2008. It is also one of the most densely populated areas of Melbourne, with a large cluster of apartment towers, including Australia’s tallest tower measured to its highest floor, the Eureka Tower.
Southbank Promenade and Southgate Arts and Leisure Precinct, on the southern bank of the Yarra River, extending to Crown Casino, is one of Melbourne’s major entertainment precincts. Southgate’s landmark Ophelia sculpture by Deborah Halpern has been used to represent Melbourne in tourism campaigns.
Before European settlement, the area now called South Melbourne was a series of low lying swamps inhabited by Aboriginal tribes.
From European settlement the area which is now Southbank consisted of some old factories, warehouses and wharves, mostly built between the 1860s-1920s when the area was part of the first port of Melbourne. It had a few old bridges, the first being the first Princes Bridge and later the Sandridge Bridge, which was formerly part of the Port Melbourne railway line from 1888 to 1987, and the Arts Centre precinct which opened in the 1980s on a former parkland, which was once used as an amusement park and featured the Southgate Fountain.
The suburb was the subject of urban renewal in the early 1990s, aimed at stimulating development in a period when Melbourne was experiencing an economic downturn.
Denton Corker Marshall designed and oversaw the original Southbank Promenade in 1990, which paved the way for development of apartments.
Southgate, Sheraton Towers and new tall office buildings for The Herald and Weekly Times Ltd and IBM were built along with an award winning pedestrian footbridge at about the same time in late 1992, and combined with a new Sunday arts and crafts market, attracted local and tourist visitors to the area. At the eastern end of the area is the Victorian Arts Centre. Since then, the pylon underneath the award winning Southbank Pedestrian Bridge has been utilised and is now home to Ponyfish Island.
Further buildings including the Esso headquarters were built between 1992 and 1995. Development expanded along the Yarra westward, with the Melbourne Convention and Exhibition Centre in 1996 and Crown Casino in 1997, stimulating the first residential towers. In 2001, the boutique “Melburnian” apartments, designed by Bates Smart, were one of the first to be aimed at the owner occupier market and included the most expensive penthouse sold in Melbourne at the time. Clarendon Towers also attracted the owner occupiers. Beginning with Southbank Towers in 2001 and the Centurion in 2002, Central Equity began a swathe of apartment towers and at the same time the neighbouring Yarra’s Edge precinct of the new Melbourne Docklands began to kick off.
