Property Manager Salary in Melbourne (2026)

Last updated

Property Managers in Melbourne earn a median salary of $85,000 in 2026, with most advertised roles falling between $65,000 and $105,000. That sits 10% below Melbourne's all-roles median of $95,000. Figures are based on 82 jobs advertised on Seek.com.au in Melbourne in the last 30 days.

▲ High demand Top 8% of roles by listing volume in Melbourne ↑ +10 listings vs last month
💰 Property Manager · Melbourne
ADVERTISED RANGE
$65,000$105,000
Median: $85,000
May $82k
Jun $85k
↑ Trending up

Based on 2-month data — short-term movement only.

Mid level $65,000 – $100,000
Senior level $81,500 – $125,000
Overall $65k–$105k Mid $65k–$100k Senior $81k–$125k $63k $76k $89k $102k $115k $128k

Salary ranges are percentiles calculated from advertised employer bands on Seek.com.au. Figures represent what employers publicly advertise and may differ from actual compensation.

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Bottom 10%  $65,000 Median  $85,000 $105,000  Top 10%

Understanding the Melbourne Market

With 82 listings and a demand score of 92, this is one of the most in-demand roles in the batch, and the median rose $2.5k month on month to $85k as listings climbed from 72, healthy growth on both fronts. It sits 11% below Melbourne's all-roles median, normal for the role, and trails Sydney ($108.75k) by a clear margin. The split is defined: mid-level at $85k, senior at $99k. Strong, growing demand is the headline here.

Take Home Pay (based on median $85,000)

Weekly (net)
~$1,254
Monthly (net)
~$5,434
Annual (net)
~$65,208
Total package (incl. 2025-26 super at 11.5%) $94,775

Take-home calculated using 2025-26 ATO tax rates, no HECS debt, full Australian residency. Total package adds 11.5% superannuation to base salary. Adjust for your situation →

Frequently Asked Questions

What is a good starting salary for a junior Property Manager in Melbourne?
A junior property manager in Melbourne starts near the $65k floor, often assisting on a rent roll before taking their own portfolio. Reaching the top of the mid band comes from portfolio size and property type: managing a larger rent roll, or commercial rather than residential property, lifts pay, and an Agent's Representative certificate plus a full licence is the credential path. Portfolio scale, not tenure, drives the numbers.
Is $85,000 a good salary in Melbourne?
Depends. At $85k the median is 11% below Melbourne's $95k all-roles median, which is normal for the role, and nets around $65k after tax, workable in the city. The clearer gap is to Sydney, where the same role pays $108.75k (nearly $24k more) because of higher rents and property values. Within Melbourne, this is fair pay; interstate, Sydney is where the role peaks.
How much does a Senior Property Manager make in Melbourne?
Senior property managers in Melbourne reach a median of $99k, with the senior band's top at $125k. The step from mid to senior is about portfolio and scope: managing a larger or higher-value rent roll, moving into commercial property, or taking a Department or Business Development Manager role in an agency. A full agent's licence and a larger book are what carry pay into the senior band.

Other roles in Melbourne

Property Manager salaries in other cities

City Median salary vs Melbourne
Melbourne (this page) $85,000
Sydney $108,750 +28%
Perth $90,000 +6%
Adelaide $85,000 ~same
Brisbane $85,000 ~same

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