The Jobs and Skills Australia median below is for the whole Real Estate Sales Agents group (ANZSCO 6121), which includes property managers, sales agents and business brokers. No separate property manager median is published.
Which award covers property managers
Property managers employed by a real estate agency are covered by the Real Estate Industry Award 2020 [MA000106]. The award names "Property Manager" as an indicative Level 2 (Representative) title: Level 2 employees are responsible for managing rental or strata/community title properties, or for sourcing and securing new managements.
A property management assistant or associate — collecting rent, answering tenant enquiries and helping with inspections under supervision — is Level 1. A Property Management Supervisor is Level 3.
Unlike sales agents, residential property managers cannot be employed on a commission-only basis. The award limits commission-only employment to property sales and commercial, industrial or retail leasing (cl 16.7).
Read the Real Estate Industry Award 2020 [MA000106] on the Fair Work Commission’s site (consolidated to 1 July 2026).
Property Manager award pay rates 2026–27
These rates apply from the first full pay period starting on or after 1 July 2026. Part-time employees are paid the same hourly rates for the hours they work.
Property manager minimum pay rates 2026–27
Weekly rates from clause 14.1 of the Real Estate Industry Award. Hourly and casual rates from the award's Schedule B.
| Classification | Hourly | Weekly (38 hrs) | Annual | Casual hourly |
|---|---|---|---|---|
| Level 1 (Associate) — first 12 monthsSales or property management assistant/associate | $26.59 | $1,010.60 | $52,551 | $33.24 |
| Level 1 (Associate) — after 12 months | $28.00 | $1,063.90 | $55,323 | $35.00 |
| Level 2 (Representative)Lists and sells, or manages rentals | $29.45 | $1,119.10 | $58,193 | $36.81 |
| Level 3 (Supervisory) | $32.39 | $1,231.00 | $64,012 | $40.49 |
| Level 4 (In-Charge) | $33.88 | $1,287.30 | $66,940 | $42.35 |
Annual is the weekly rate × 52, before tax and before superannuation. Casual hourly includes the 25% casual loading.
Property Manager penalty rates and overtime
| When you work | Full-time / part-time | Casual |
|---|---|---|
| Ordinary hours, any day of the week | 100% | 125% |
| Public holiday | 200% | 250% |
Ordinary hours can be worked on any day of the week (cl 13.1), so there is no Saturday or Sunday penalty under this award. Public holiday work is 200% of the minimum hourly rate for permanent staff and 200% of the casual hourly rate for casuals (Schedule B), shown here as 250% of the minimum hourly rate.
Overtime
- Overtime, any day: 150% for the first 2 hours, then 200% (Schedule B.1.1).
- Overtime on a public holiday: 200%.
- Overtime on a rostered day off: 150%.
Work out a shift with penalties or overtime using the overtime pay calculator.
Allowances
| Allowance | Amount | When it applies |
|---|---|---|
| Stand-by and call-out | Agreed in writing | If you are required to be on stand-by or called out outside ordinary hours in a property management or strata role, your employer must agree with you in writing how you will be compensated (cl 19.3). The award sets no fixed amount. |
Property Manager pay after tax
On the Level 2 (Representative) rate of $1,119.10 a week, a full-time property manager earns $58,193 a year before tax.
| Gross annual pay | $58,193 |
|---|---|
| Income tax (after LITO) | −$7,851 |
| Medicare levy | −$1,164 |
| Take-home per year | $49,178 |
| Take-home per week | $946 |
2026–27 resident tax rates with the low income tax offset and the 2% Medicare levy; no HECS-HELP repayment and no Medicare levy surcharge. Superannuation is paid on top by your employer. For the full breakdown see take-home pay on $60,000 (the nearest step to $58,193), or put in your own hours with the weekly pay calculator.
What property managers actually earn
Jobs and Skills Australia puts median full-time earnings for Real Estate Sales Agents (ANZSCO 6121) at $1,504 a week ($40 an hour), against $1,852 a week for all occupations.
Median weekly pay of full-time, non-managerial adult employees before tax and salary sacrifice, from the ABS Survey of Employee Earnings and Hours (May 2025) as published by Jobs and Skills Australia. It reflects what employers actually pay, including people on enterprise agreements or above-award salaries, so it is a market figure, not a legal minimum.
What this page does not show
- Strata and community title management rates outside the real estate industry, which may fall under a different award.
- Junior rates for associates under 21.
Property Manager pay questions
Pay rates for other jobs
How this page is sourced▼
Every minimum rate was read from the Fair Work Commission's consolidated text of the Real Estate Industry Award 2020, consolidated to 1 July 2026, on 23 September 2026. Casual rates are the award's own published figures wherever it publishes them. Nothing is estimated.
The median comes from Jobs and Skills Australia’s occupation profile and is a market figure, not an entitlement. Take-home figures use the same tax engine as the rest of this site. Award rates change every 1 July, so re-check after the next Annual Wage Review.
Sources & References
- 1Real Estate Industry Award 2020 [MA000106] — consolidated to 1 July 2026— Fair Work Commission
- 2Pay guides for modern awards— Fair Work Ombudsman
- 3Annual Wage Review 2025–26 decision [2026] FWCFB 3500— Fair Work Commission
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Last verified: 23 September 2026. Our content is based on the latest information from official Australian government sources.
Anita Bell
AuthorFounder & Senior Bookkeeper
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Anita Bell earned her accountancy degree in 2015 and has worked as a senior bookkeeper with Prime Bookkeeping for over 5 years. This built her skills in Australian and New Zealand tax legislation and industry regulations. She is certified in Xero, QuickBooks Online, MYOB, Saasu, Zoho and Reckon One, and works with payroll and rostering software including Gusto, Deputy, Tsheets and KeyPay. She has strong experience in hospitality, building and construction, financial services, real estate, ecommerce, and medical and health services.
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