The commission rates for real estate agents in Australia can vary and are typically negotiable. The rates are generally calculated as a percentage of the final sale price of the property. While there is no fixed standard commission rate across the country, the typical range falls between 1.5% and 3% of the sale price.
In some cases, the commission rate may be higher for lower-priced properties, while luxury properties may have a lower commission rate due to the higher overall value. Additionally, commission rates may also vary depending on the location, market conditions, and the specific services provided by the real estate agent.
It's important to note that commission rates are not regulated and can be negotiated between the seller and the real estate agent. It's advisable to discuss and clarify the commission structure and rates with the agent before entering into any agreement or contract.