The top-performing agents of Victoria did not let a subdued market deter them, posting stellar results in 2025, as revealed by REB’s Top 50 Agents Victoria 2026 ranking.
REB is proud to release the Top 50 Agents Victoria 2026 ranking with support from partner Commonwealth Bank of Australia.
The ranking – now in its sixth year – recognises agents who have delivered exceptional settlement figures and worked hard to provide premium service to their customers. They have set the benchmark for excellence that other agents can emulate while helping establish strong professional standards in Victoria.
According to this year’s ranking data, agents settled more properties in 2025 compared to 2024. The top 50 agents settled 5,762 properties for $9.8 billion, compared to 5,457 properties settled in 2024 for $9.3 billion. The top 10 agents settled 1,603 properties for $3.1 billion in 2025, which was up from 1,374 properties settled for $2.8 billion in 2024.
The uptick came despite agents operating in a challenging 2025 climate, as the pace of growth in the Victorian property market was subdued. Cotality figures showed Melbourne home values lifted by only 4.2 per cent in 2025, representing the lowest growth rate among the capitals, along with the ACT. The performance was slightly better in regional Victoria, where home values grew by 5.1 per cent, but it was still the softest market among the regions outside Tasmania.
On the upside, this resulted in greater affordability in the state, which attracted more buyers. Agents capitalised on this, resulting in healthy settlement figures.
The top 10 agents saw a marked increase in properties settled, rising from 137.0 in 2024 to 160.0 in 2025. The value of settled properties also rose, from $278.5 million in 2024 to $314.3 million in 2025.
The top 50 agents saw a more modest increase as they settled 115.0 properties for $196.8 million in 2025, while they settled 109.0 properties for $186.3 million in 2024.
However, the average sales price for the top 50 agents decreased from $2.4 million in 2024 to $2.0 million in 2025, reflecting a more subdued property market. This was not the case for the top 10 agents, however, as they settled properties for an average price of $2.3 million in 2025 (up from $2.2 million in 2024).
The ranking data showed that properties spent about the same time in the market in both 2024 and 2025. Days on market stood at 34.0 across the top 50 agents (down from 35.0 in 2024). It rose from 37.0 to 40.0 days across the top 10 agents.
Diving further into the insights revealed the profile of the average Victorian agent. Both the top 50 and top 10 agents had 17.0 years of industry experience on average under their belt. In addition, while the top 50 had 2.2 support staff, the top 10 agents had 3.8 support staff.
Buxton Balwyn-Canterbury managing director Leo Xu secured the top spot in Victoria for the first time since the ranking’s inception in 2021. He dethroned Ray White Balwyn principal and director Helen Yan, who placed third this year. Jellis Craig Inner North director and auctioneer Sam Rigopoulos moved up one place from 2025 to grab second place in 2026.
CommBank real estate banking lead, Monique McCullough, said CommBank is delighted to once again partner with the rankings, recognising the exceptional performance, leadership, and professionalism demonstrated across Australia’s real estate industry.
“The real estate industry plays a critical role in the Australian economy, and at CommBank, we recognise our responsibility to support the agents, principals, and businesses who underpin strong communities nationwide,” McCullough said.
“We’ll continue to invest in specialist expertise, digital capability, and industry‑led innovation to help you navigate change, unlock opportunity and build stronger, more resilient businesses. Our ongoing partnership with REB reflects a shared commitment to recognising excellence and celebrating those who set the national benchmark for performance.”
“Congratulations to all ranked agents on this outstanding achievement, and thank you for the contribution you make to your customers, communities and the broader Australian economy.”
Acknowledging the tough market conditions Victorian agents have been operating in for the past few years, Agile Market Intelligence director Michael Johnson commended the ranked agents for their strong results.
“Victorian agents have been tested in the recent past as the property market remains subdued, but their high settlement numbers are a testament to their talent, skill, and hard work,” Johnson said.
“They identified that affordability is a big drawcard in Melbourne and regional Victoria and worked tirelessly to find buyers for their vendor clients and achieve incredible settlement figures. Congratulations to all the ranked agents.”
REB managing editor Liam Garman said Victorian agents have demonstrated the importance of local knowledge and experience in a challenging environment.
“It is during difficult times that the cream rises to the top, and Victorian agents have done just that,” Garman said.
“These agents have succeeded because of their ability to be agile in a soft property market, identify where buyer demand is, and ultimately deliver stellar results for their vendors. They deserve their successes and this recognition.”
REB’s Top 50 Agents Victoria ranking is compiled by Agile Market Intelligence, the research arm of parent company Momentum Media.
This year’s ranking was assessed using transparent, performance-based metrics drawn from the agents’ 2025 calendar-year results. These include the total dollar value of settled residential sales, the number of properties settled, and the average sales price. Other supporting performance indicators include days on market and years of experience.
To view the full report and the Top 50 Agents Victoria 2026 ranking, click here.
In the coming week, REB will reveal the Top 50 Agents 2026 NSW/ACT ranking, so keep an eye out for that!
