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Agent Fees & Marketing Costs

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Property Value Estimate

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

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

In the past 12 months, Koroit real estate agents have sold 38 properties. Houses in Koroit spent 32 days on the market before selling. Most properties sold were houses.

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

38

(12 Months to Mar 2024)
Different Agents Used

13

(Mar 2024)
Different Agencies Used

6

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

We've crunched the numbers on properties sold in Koroit 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.

Koroit Agents That Sell For Higher Prices

Suburb Avg.
$588,929
Top 3 Agents
$756,667

Top agents achieved 1.3x higher prices than the suburb average.

Skilled real estate agents can increase the value of your Koroit property through negotiation and driving competition among buyers. With strong negotiation skills and connections within the Koroit real estate field, they often deliver more than other real estate agents can.

Koroit Agents That Sell Faster

Suburb Avg.
62 Days
Top 3 Agents
41 Days

The top 3 agents in Koroit sell 1.5x faster than the suburb average.

Find an agent that can create an advertising strategy specially crafted for your Koroit property. Additionally, the agent with a strong list of potential buyers can prospect and negotiate a sale early in the campaign.

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

Koroit is one of the more expensive suburbs in Australia when it comes to real estate agent commission rates. Experience has shown us that real estate agent commission rates in Koroit average around 2.5%.

Compared to other areas in Australia, the commission rate in Koroit is higher - remember that you can negotiate with your real estate agent about their fees and commissions, as well as inclusions on marketing fees.

2.5%
Koroit 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 Koroit IN 2024?

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

The average houses growth in Koroit has risen to 12.7% 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 Koroit houses over the last year has been above the ten year annual growth rate, coming in at 17.7% for houses (compared to the 10 year average, 12.7%).

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

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

Initially, you should look at the Koroit 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 Koroit?

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 Koroit 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 Koroit

Koroit Suburb Overview

Koroit is a small rural town in western Victoria, Australia a few kilometres north of the Princes Highway, 18 kilometres north-west of Warrnambool and 278 kilometres west of Melbourne. It is in the Shire of Moyne local government area located amidst rolling green pastures on the North rim of Tower Hill. At the 2011 census, Koroit had a population of 1,958. The town borrows its name from the Koroitch Gundidj people who occupied the area prior to European settlement. The town bears a name similar to the Kororoit Creek which flows west of Melbourne.

Prior to European settlement the Koroit area was a rich source of foods for the Koroitch Gundidj people, whose descendants retain special links with the area.

The first European knowledge of the area is the confirmed sighting of Tower Hill by French explorers sailing with Captain Nicolas Baudin aboard Le G

What became the Port Fairy railway was extended to the town in 1890, along with a branch to Hamilton, both being closed in 1977.

Koroit was originally part of the Shire of Belfast. In the latter part of the 19th century, the township of Koroit separated from the Shire of Belfast and formed the Borough of Koroit. In November 1870, after the proclamation of the Borough of Koroit on 7 October 1870, nine new councillors were elected from fourteen candidates. On 10 December 1870, the new Borough of Koroit elected its first mayor. In 1985, the Borough of Koroit merged with the Shire of Warrnambool and was incorporated into the Shire of Moyne in 1994.

The author Henry Handel Richardson lived in the Koroit Post Office as a child after her family moved to Koroit in 1878. Remembering Koroit from her youth, the third volume in her The Fortunes of Richard Mahony trilogy is set in the town. When the author was six, her father Walter died in Koroit on 1 August 1879 and was buried at the Koroit cemetery.

Tower Hill has always been a part of Koroit and in the town’s earliest days the lake within the Tower Hill crater was the source of the town’s drinking water. Tower Hill is an extinct volcano formed at least 30,000 years ago when a hot rising basaltic magma came into contact with the subterranean water table. The violent explosion that followed created the funnel-shaped crater and the islands seen today. It is one in a line of more than 30 volcanoes that stretch from Colac to the East to Mount Gambier in South Australia. Artefacts found in the volcanic ash layers show that Aborigines were living in the area at the time of the eruption. This area including Tower Hill is part of the UNESCO-endorsed Kanawinka Geopark.

Tower Hill has always been public land, initially reserved as an Acclimatization Zone in 1866 it was declared a State Forest in 1872. An Act of Parliament on 5 December 1892 declared Tower Hill to be a National Park, Victoria’s first and one of the earliest in the World. With no additional funding, management of the Tower Hill National Park was vested with the Borough of Koroit. To ease the burden on ratepayers, the Borough was forced to collect royalties from quarrying of volcanic road-making material and grazing leases. At the end of the 19th century, Tower Hill was a shadow of its former glory with bracken being the dominant vegetation and rabbits the dominant wildlife species. In 1961, the Borough transferred Tower Hill to the State and in association with the Fisheries and Wildlife Department it became a State Game Reserve.

The vegetation of Tower Hill was originally a diverse collection of Manna Gum, Blackwood, Black Wattle, Swamp Gum and Drooping Sheoak. However, early settlers soon removed much of the vegetation. Since 1961, Tower Hill has been revegetated and is now home to koalas, kangaroos, emus and many bird species. A number of walks, picnic areas and public facilities are located within the Reserve.

The local cemetery is the Tower Hill Cemetery located on the South Eastern slopes of Tower Hill. The first recorded burials at the Tower Hill cemetery began in 1859. Charles Pye, an English recipient of the Victoria Cross, died in Kirkstall on 12 July 1876 and is buried at Tower Hill.

Within the cemetery, there is a marble column over the grave of William McLean. The epitaph, believed to have been written by Henry Lawson, reads:

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