Tips & Guides


Real Estate Agents Fees/Commission Rates

September 17, 2014

Right across Australia, real estate agents fees and charges differ. Selling property in NSW is very different to selling property in VIC. So what do real estate agents charge in your area? You can get a rough idea from our findings below. Keep in mind that this is a guide only and if you want to know about a specific area give us a call on 1300 557 969.

Selling Property in Australian Capital Territory (ACT)

Real estate agents in the ACT can be negotiable with their fees as there is no law governing minimums or indeed maximums. Other expenses can include Vendor paid advertising (VPA), this ranges from internet charges, sale brochures and professional photography, to floor plans, print media and signboards. This can also be negotiated.

From our research, real estate agent fees/commission in the ACT generally range from 2.5% in the city and metropolitan areas, scaling up to 4% from the metro area outwards*.

Selling Property in New South Wales (NSW)

Real estate agents in the NSW can be negotiable with their fees as there is no law governing minimums or indeed maximums. Selling property in NSW may incur other expensesincluding Vendor paid advertising (VPA), ranging from internet charges, sale brochures and professional photography, to floor plans, print media and signboards. This can be negotiated.

From our research, real estate agent fees/commission for selling property in NSW normally range from 1.6% to 2.4% in the city and metro areas, then up to 3.5% outside of the metro area*.

Selling Property in Northern Territory (NT)

Real estate agents in the NT can be negotiable with their fees as there is no law governing minimums or indeed maximums.

From our research, real estate agent fees/commission in NT normally range from 2.5% to 4%*.

Selling Property in Queensland (QLD)

The Queensland Government set the real estate fees/commissions at a maximum of 5% for the first $18,000 of the sale price and 2.5% of the balance of the sale price. 10% GST is also payable.

Selling Property in South Australia (SA)

The Real Estate Institute of South Australia states that all professional fees for all services rendered by members are a matter for negotiation and agreement.

From our research, agents fees/commission rates in SA generally range from 2% to 2.75% in the city and metro areas, scaling up to 3% outside of the Metro areas*.

Selling Property in Tasmania (TAS)

Effective as of the 1 July 2011 these fees, including GST, are recommended by the Real Estate Institute of Tasmania. Members are not bound by them.

When the purchase price;

Does not exceed $10,000 - 10.73% with a minimum of $100

From $10,001 - $50,000 - $1073 plus 5.85% of excess over $10,000

From $50,001 - $100,000 - $3413 plus 4.10% of excess over $50,000

From $100,001 upwards - $5463 plus 3.88% of excess over $100,000

Selling Property in Victoria (VIC)

Real estate agents in the VIC can be negotiable with their fees as there is no law governing minimums or indeed maximums. Other expenses can include Vendor paid advertising (VPA), ranging frominternet charges, sale brochures and professional photography, to floor plans, print media and signboards. This can be negotiated.

From our research, real estate agent fees/commission in VIC normally range from 1.6% to 2.5% in the city and metro areas, then up to 3% outside of the metro area*.

Selling Property in Western Australia (WA) 

The Real Estate Institute of Western Australia does not supply any guidelines in regards to the level of fees that could be paid to a real estateagent for their service.

Our research shows that real estate fees/commission rates in WA generally range from 3% to 3.4%*.

If you want full, in-depth information about the agents in your area, call us on 1300 557 969.

*Note: fees, commission and other information provided should be taken as a guide only. You should always make your own enquiries to clarify agent’s fees, commissions and marketing expenses before making a decision.



Comments: