Hi Salsa!
How exciting! See if you can grab a copy of the recent results - in Sun/Mon papers and keep a bit of a log with some notes bout area/house etc to give you a feel for the prices. Depending on the agent's they all have different ranges/expectations. If you know what area you are after and are keen to move quickly you can purchase area reports - but it is hard to differentiate between the properties if you don't have access to floorplans etc...
Good Luck!
We sold about this time last year and have had some friends recently sell and they certainly got heaps more than they expected. Media seems to be saying prices are inflated, especially in first home buyers price range but really, no matter what the prices are, if you have done your research and know what you are prepared to pay and what you think a property is worth in comparison to those around then offer what you think is reasonable.
It certainly varies across the states but in Victoria, real estate agents seem to publish a low price so that they can get many people through the property so I say always expect to pay the top of what they are quoting or more.
good luck - very exciting time.
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