Sydney vs Melbourne Real Estate Salaries
Real Estate Recruitment

Sydney vs Melbourne — Real Estate Salaries Compared

Sydney and Melbourne dominate Australian real estate hiring. Here's how the bands compare across the most-hired roles in 2026.

01

Property management

Sydney PM salaries typically sit 5–10% higher than Melbourne at mid-level. Senior PMs and Heads of PM are broadly comparable.

02

Sales

Sydney retainers are higher; Melbourne commission structures are often more generous. Net earnings for top agents are similar.

03

Leasing

Leasing consultant salaries are within $3–5k across the two cities, but BTR operators in both markets are pulling rates up.

04

Senior leadership

Head of PM and Director of Sales appointments are broadly comparable, with Sydney agencies more likely to layer in equity or bonus uplift.

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