Average Real Estate Development Manager Salary in Melbourne, Victoria

AU$111,074
Avg. Salary
AU$15,000
Bonus
AU$500
Profit Sharing
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The average salary for a Real Estate Development Manager in Melbourne, Victoria is AU$111,074.
10%
AU$59k
MEDIAN
AU$111k
90%
AU$178k
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United States (change)
Salary
AU$59k - AU$178k
Bonus
AU$1k - AU$30k
Profit Sharing
AU$0 - AU$500
Total Pay
AU$59k - AU$189k

Your Market Worth Over Time

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Job Description for Real Estate Development Manager

Real Estate Development Manager Tasks
  • Analyze existing economic, demographic, market, and environmental variables to identify areas for expansion.
  • Write recommendations for how to proceed with various properties, neighborhoods and strategies.
  • Review sites to assess costs and needed steps for zoning, local ordinances, and acceptability.

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Popular Skills for Real Estate Development Manager

Skills in Strategic Project Management are correlated to pay that is above average. Skills that pay less than market rate include Financial Modeling, Financial Analysis, Real Estate and Project Management.

Pay by Experience Level for Real Estate Development Manager

An early career Real Estate Development Manager with 1-4 years of experience earns an average total compensation (includes tips, bonus, and overtime pay) of AU$90,000 based on 10 salaries. A mid-career Real Estate Development Manager with 5-9 years of experience earns an average total compensation of AU$116,779 based on 22 salaries. An experienced Real Estate Development Manager with 10-19 years of experience earns an average total compensation of AU$125,126 based on 11 salaries.

Pay Difference by Location

Learn more about cost of living by city.
Employees with Real Estate Development Manager in their job title in Sydney, New South Wales earn an average of 14.5% more than the national average. The lowest salaries can be found in Perth, Western Australia (10.0% less) and Brisbane, Queensland (2.4% less).

Years of Experience

This data is based on 43 survey responses.
Early Career
23.3%
Mid Career
51.2%
Experienced
25.6%

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