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Agent Fees & Marketing Costs

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Property Value Estimate

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

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List of Top Woolloomooloo 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 Woolloomooloo below, so you can see what kind of difference an experienced agent makes.

In the past 12 months, Woolloomooloo real estate agents have sold 163 properties. apartments in Woolloomooloo spent 38 days on the market before selling. Most properties sold were units.

We have prepared a shortlist of agents operating in Woolloomooloo, 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 Woolloomooloo 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

163

(12 Months to Mar 2024)
Different Agents Used

26

(Mar 2024)
Different Agencies Used

11

(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. houses 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 Woolloomooloo 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.

Woolloomooloo Agents That Sell For Higher Prices

Suburb Avg.
$1,462,586
Top 3 Agents
$4,640,000

Top agents achieved 3.2x 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.

Woolloomooloo Agents That Sell Faster

Suburb Avg.
47 Days
Top 3 Agents
20 Days

The top 3 agents in Woolloomooloo sell 2.4x 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.

Woolloomooloo Agents With The Most Experience

Suburb Avg.
1
Top 3 Agents
2

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

Good real estate agents have a sales record that includes sales in suburbs surrounding Woolloomooloo. You need to find a top agent with sales histories and expertise handling similar properties to yours in or near Woolloomooloo.

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 Woolloomooloo 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 Woolloomooloo area from our agent comparison tool to sell confidently.

Woolloomooloo 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 Woolloomooloo average around 2%.

The commission rate in Woolloomooloo 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.

2%
Woolloomooloo 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 New South Wales. 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 Woolloomooloo IN 2024?

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

The average apartments and units growth in Woolloomooloo has risen to 3.8% 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 Woolloomooloo have moved lower for -3.6%, compared to the 10 year average, 3.8%.

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 Woolloomooloo. To accurately estimate the value of your Woolloomooloo property, these variables need to be taken into account.

One of the most significant, but surprising, contributors to your property price is proximity to loud areas or industry.

Several nearby types of infrastructure may drive your house value estimation down. Public infrastructure such as busy roads or flight paths could generate a lot of noise pollution which may deter some buyers, leading to your property selling at a lower price.

With so many potential factors affecting a property’s price, it’s best to do some research before talking to agents.

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 Woolloomooloo HOUSE?

There’s a lot to think about when selling your Woolloomooloo 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 Woolloomooloo 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 Woolloomooloo?

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 Woolloomooloo 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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Woolloomooloo Suburb Overview

Woolloomooloo is a harbourside, inner-city eastern suburb of Sydney, in the state of New South Wales, Australia. Woolloomooloo is 1.5 kilometres east of the Sydney central business district, in the local government area of the City of Sydney. It is in a low-lying, former docklands area at the head of Woolloomooloo Bay, on Sydney Harbour. The Domain sits to the west, the locality of East Sydney is near the south-west corner of the suburb and the locality of Kings Cross is near the south-east corner. Potts Point is immediately to the east.

The suburb was a poorer working class district of Sydney. This has changed only recently with recent gentrification of the inner city areas of Sydney. The redevelopment of the waterfront, particularly the construction of the housing development on the Finger Wharf, has caused major change. Areas of public housing still exist in the suburb.

The current spelling of Woolloomooloo is derived from the name of the first homestead in area, Wolloomooloo House, built by the first landowner John Palmer. There is debate as to how Palmer came up with the name with different Aboriginal words being suggested. Anthropologist J.D. McCarthy wrote in ‘NSW Aboriginal Places Names’, in 1946, that Woolloomooloo could be derived from either Wallamullah, meaning place of plenty or Wallabahmullah, meaning a young black kangaroo.

In 1852, the traveller Col. G.C. Mundy wrote that the name came from Wala-mala, meaning an Aboriginal burial ground. It has also been suggested that the name means field of blood, due to the alleged Aboriginal tribal fights that took place in the area, or that it is from the pronunciation by Aborigines of windmill, from the one that existed on Darlinghurst ridge until the 1850s.

After the First Fleet ‘s arrival in Sydney, the area was initially called Garden Cove or Garden Island Cove after the nearby small wooded Garden Island, off the shore. The first land grant was given to John Palmer in 1793 to allow him to run cattle for the fledgling colony.

In the 1840s the farm land was subdivided into what is now Woolloomooloo, Darlinghurst and parts of Surry Hills. Originally the area saw affluent residents building grand houses, many with spectacular gardens, attracted by the bay and close proximity to the city and Government House.

The area slowly started to change after expensive houses were built in Elizabeth Bay and further east and a road was needed from Sydney. It was for this reason that William Street was built, dividing the land for the first time.

The Woolloomooloo tram line opened in stages between 1915 and 1918. This line branched off from Park Street and ran north along Haig Avenue, St John Young Crescent and Lincoln Crescent to Brown’s Wharf at Woolloomooloo. Through service ran from Circular Quay via Elizabeth and Park Streets. The line was an early closure, in 1935, being replaced by a bus service from Pyrmont.

Woolloomooloo is home to the Finger Wharf, known for its remarkable size. It is 400 metres long and 63 m wide and stands on 3,600 piles.

The Sydney Harbour Trust built the Finger Wharf, or Woolloomooloo Wharf, between 1911 and 1915 with the charter to bring order to Sydney Harbour ‘s foreshore facilities. The wharf became the largest wooden structure in the world. The areas commerce was dominated by shipping at the wharf and by the regular influx of sailors & officers from the Garden Island base of the Royal Australian Navy.

The wharf’s influence diminished for Woolloomooloo during the 1970s when other more modern wharves were preferred. By the 1980s the wharf lay derelict and empty and in 1987, the state government decided to demolish the Wharf. A new complex was approved to replace the wharf in Woolloomooloo Bay, but when demolition work was due to begin in January 1991, locals blocked entrance to the site. Unions imposed a Green ban which stopped demolition crews from undertaking work.

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