Real Estate Development Manager in Melbourne, Victoria Salary (Australia)
The average pay for a Real Estate Development Manager in Melbourne, Victoria is AU$107,442 per year. Most people with this job move on to other positions after 20 years in this field. A skill in Project Management is associated with high pay for this job. For the first five to ten years in this position, salary increases sharply, but any additional experience does not have a big effect on pay.
|Salary||AU$59,180 - AU$176,434|
|Bonus||AU$20.00 - AU$25,000|
|Total Pay (|
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).)
|AU$59,382 - AU$184,478|
Job Description for Real Estate Development Manager
The real estate development manager oversees the day-to-day operations for a real estate development. Additionally, they are responsible for the continued growth and development of the company. Most of the time, a manager provides excellent customer service to develop relationships with current and potential clients; this includes answering queries, responding to complaints, and ensuring clients are satisfied. At times, the real estate development manager must forecast new trends in the ever-changing real estate market. They also need basic accounting skills to handle the budgeting aspect of this role; they must successfully develop and manage department and/or project budgets.Read More...
Another aspect of the role is to work closely with the architecture and engineering team; they bring ideas to the team - and offer constructive feedback on others' ideas - for current and upcoming development deals. At times, the real estate development manager must recruit and train new members to be a part of the development team. In the position, it is essential to deliver results related to providing the company with growth in the areas/regions assigned.
A bachelor's degree is generally the minimum educational requirement for real estate development manager positions. Previous experience in a similar position is needed as well. Leadership and interpersonal skills are needed in this position, as is the ability to work well individually and as part of a team. (Copyright 2018 PayScale.com)
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.
Real Estate Development Manager Job Listings
Key Stats for Real Estate Development Manager