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Agent Fees & Marketing Costs

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Property Value Estimate

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

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

In the past 12 months, Albert Park real estate agents have sold 217 properties. Houses in Albert Park spent 28 days on the market before selling and apartments 56 days. Most properties sold were houses.

We have prepared a shortlist of agents operating in Albert Park, 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 Albert Park 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

217

(12 Months to Mar 2024)
Different Agents Used

15

(Mar 2024)
Different Agencies Used

5

(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 office. We do everything we can to identify these agents for you.

We've crunched the numbers on properties sold in Albert Park 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.

Albert Park Agents That Sell For Higher Prices

Suburb Avg.
$3,142,000
Top 3 Agents
$4,650,500

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.

Albert Park Agents That Sell Faster

Suburb Avg.
46 Days
Top 3 Agents
30 Days

The top 3 agents in Albert Park 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.

Albert Park Agents With The Most Experience

Suburb Avg.
2
Top 3 Agents
5

Top agents achieved 2.5x more sales than the suburb average.

Top real estate agents in Albert Park do not usually handle properties in just Albert Park but also nearby suburbs that might not have similar property markets to Albert Park. You need a top agent who has a core focus on selling property similar to yours in Albert Park. 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 Albert Park 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 Albert Park area from our agent comparison tool to sell confidently.

Albert Park 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 Albert Park average around 1.9%.

The commission rate in Albert Park 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%
Albert Park 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 Albert Park IN 2024?

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

The average houses growth in Albert Park has risen to 4.6% 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.

Price growth for Albert Park houses over the last year has been above the ten year annual growth rate, coming in at 8.6% for houses (compared to the 10 year average, 4.6%).

Units/apartment values over the past 12 months in Albert Park have grown higher for 28.3%, compared to the 10 year average, 4.1%.

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 Albert Park. To accurately estimate the value of your Albert Park 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 Albert Park local amenities is something that rarely changes. If your property is within walking/driving distance to Albert Park 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 Albert Park HOUSE?

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

Initially, you should look at the Albert Park property market and see if the conditions are right. Get an idea of how much your property is valued in the present day, starting with an independent property value report. Then you will want to contact and interview multiple agents (ideally around 3) and discuss selling methods, advertising and fees.

Make sure you are sure about selling, and are realistic about your property’s value when talking to agents. A mistake here could cost you. The best way to avoid costly missteps and get a good price is to sign up with a strong local real estate agent that can walk you through the whole selling process in an honest way.

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 Albert Park?

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 Albert Park 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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Albert Park Suburb Overview

Albert Park is a suburb of Melbourne, Victoria, Australia, 3 km south from Melbourne’s Central Business District. Its Local Government Area is the City of Port Phillip. At the 2011 Census, Albert Park had a population of 5,955.

The suburb of Albert Park extends from the St Vincent Gardens to Beaconsfield Parade and Mills Street. It was settled residentially as an extension of Emerald Hill. It is characterised by wide streets, heritage buildings, terraced houses, open air cafes, parks and significant stands of mature exotic trees, including Canary Island Date Palm and London Planes.

Since 1996 Albert Park has been home to the Australian Grand Prix.

Indigenous Australians first inhabited the area that is now Albert Park around 40,000 years ago. The area was a series of swamps and lagoons.

The main park after which the suburb was named was declared a public park and named in 1864 to honour Queen Victoria ‘s consort, Prince Albert.

Albert Park was used as a garbage dump, a military camp and for recreation before the artificial lake was built.

In 1854 a land-subdivision survey was done from Park Street, South Melbourne, to the northern edge of the parkland. St Vincent Gardens were laid out and the surrounding streets became the best address for successful citizens. Street names commemorated Trafalgar and Crimean War personalities.

Heritage Victoria notes that Albert Park’s St Vincent Gardens “is historically important as the premier ‘square’ development in Victoria based on similar models in London. It is significant as the largest development of its type in Victoria and for its unusual development as gardens rather than the more usual small park” and “was first laid out in 1854 or 55, probably by Andrew Clarke, the Surveyor-General of Victoria. The current layout is the work of Clement Hodgkinson, the noted surveyor, engineer and topographer, who adapted the design in 1857 to allow for its intersection by the St Kilda railway line. The precinct, which in its original configuration extended from Park Street in the north to Bridport Street in the south and from Howe Crescent in the east to Nelson Road and Cardigan Street in the west, was designed to emulate similar ‘square’ developments in London, although on a grander scale. The main streets were named after British naval heroes. The development of the special character of St Vincent Place has been characterised, since the first land sales in the 1860s, by a variety of housing stock, which has included quality row and detached houses and by the gardens which, although they have been continuously developed, remain faithful to the initial landscape concept.

St Vincent’s is a garden of significant mature tree specimens. It is registered with the National Trust and is locally significant for the social focus the gardens provide to the neighbourhood. Activities in the park range from relaxing walks, siestas to organised sports competition. The Albert Park Lawn Bowls Club was established in 1873 and the Tennis Club established 1883, on the site of an earlier croquet ground.

Albert Park features part of the massive Albert Park Reserve and is located nearby. It is a significant state park managed by Parks Victoria. It is also known as the site of the Melbourne Grand Prix Circuit.

Commercial centres include Bridport Street, with its cafes and shops and Victoria Avenue, known for its cafes, delicatessens and boutiques.

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