Property Manager Salary in Melbourne (2026)

Last updated

Property Managers in Melbourne earn a median salary of $82,500 in 2026, with most advertised roles falling between $72,750 and $102,250. That sits 10% below Melbourne's all-roles median of $91,520. Figures are based on 72 jobs advertised on Seek.com.au in Melbourne in the last 30 days.

▲ High demand Top 8% of roles by listing volume in Melbourne ↓ -6 listings vs last month
💰 Property Manager · Melbourne
ADVERTISED RANGE
$72,750 – $102,250
Median: $82,500
Apr $81k
May $82k
→ Stable

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

Mid level $71,750 – $95,250
Senior level $80,000 – $110,000
Overall $72k–$102k Mid $71k–$95k Senior $80k–$110k $69k $78k $87k $95k $104k $113k
Moderate confidence 72 listings (-6 vs last month) · 01/06/2026

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%  $72,750 Median  $82,500 $102,250  Top 10%

Understanding the Melbourne Market

Property Managers in Melbourne earned $82,500 at the median in May, up $1,250 from April, with 72 listings (down 6). The marginal median increase while volume falls slightly suggests the remaining roles skew toward more experienced hires. At 9.9% below Melbourne's all-roles median, Property Management earns a notable discount relative to the city average. The 36% spread ($71,750-$95,250) is well-defined, reflecting Melbourne's mature and competitive property management market.

Take Home Pay (based on median $82,500)

Weekly (net)
~$1,223
Monthly (net)
~$5,298
Annual (net)
~$63,570
Total package (incl. 2025-26 super at 11.5%) $91,987

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?
Property Managers starting in Melbourne earn around $71,750 at the p10. A Certificate of Registration under the Estate Agents Act is required in Victoria. Reaching the $80,000-$82,500 range takes two to four years and typically requires an established portfolio (100+ properties) with strong KPIs on vacancy rates, arrears, and lease renewals.
Is $82,500 a good salary in Melbourne?
No, not in Melbourne's context. At $82,500, a Property Manager earns 9.9% below the city's all-roles median in an expensive city. The role's consistent employment security and commission structures (often included in OTE packages not fully reflected in base rates) partially offset the below-median base. Moving into strata management or commercial property management typically adds $10-$20k to the base rate.
How much does a Senior Property Manager make in Melbourne?
Senior Property Managers in Melbourne earn a median of $95,000, based on 21 listings, with a ceiling at $110,000. Roles at this level involve large residential portfolios or senior strata management, often with team leadership accountability. Above $110,000, the transition to a Property Portfolio Manager or Head of Property Management scope is the typical career step.

Other roles in Melbourne

Property Manager salaries in other cities

City Median salary vs Melbourne
Melbourne (this page) $82,500 —
Sydney $100,000 +21%
Brisbane $90,000 +9%
Perth $85,000 +3%

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Data sourced from publicly listed job advertisements. Not affiliated with or endorsed by Seek or any third-party platforms. Salary ranges represent advertised figures and may differ from actual compensation. Updated monthly.