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Real Estate Salary in Australia: Weekly, Hourly, and Annual Pay

Real estate salaries depend on role and experience; the median full-time real estate sales agent earns $1,504 per week, below the national full-time average of $2,083.70, while award minimums start at $1,010.60 per week for entry-level associates.

This sits $30,352 under the Australian full-time average, about 28.0% below the line. The closest full-time state average is Tasmania. It is off the left edge of the ruler. This close-up only covers full-time state averages.

Week, hour, and a tax sketch

$1,500 a week · $39.47 an hour if spread over 38 hours

About $62,520 after resident income tax and a 2% Medicare levy.

2026–27 resident rates and a 2% Medicare levy. Not a tax assessment.Open the full line

Real Estate Salary in Australia: Award Minimums, Medians, and Comparisons

Real estate is a diverse industry covering sales, property management, and administration. Salaries can be based on award rates, commissions, or a mix. This article uses the latest data from the ABS, Fair Work, and Jobs and Skills Australia to give you a clear picture of real estate pay as a yearly, weekly, and hourly figure.

Award Minimums Under the Real Estate Industry Award

The Real Estate Industry Award (MA000106) covers employees in real estate agencies, including sales representatives, property managers, and office staff. The rates below apply from the first full pay period on or after 1 July 2026.

Full-Time and Part-Time Rates

  • Level 1 (associate, first 12 months): $1,010.60 per week / $26.59 per hour
  • Level 1 (after 12 months): $1,063.90 per week / $28.00 per hour
  • Level 2 (representative): $1,119.10 per week / $29.45 per hour
  • Level 3 (supervisory): $1,231.00 per week / $32.39 per hour
  • Level 4 (in-charge): $1,287.30 per week / $33.88 per hour

Part-time employees are paid the same hourly rate but work fewer hours. Casual employees receive a 25% loading, so Level 1 casuals earn $33.24 per hour.

Junior Rates

Junior employees (under 21) receive a percentage of the adult rate. For example, a 19-year-old at Level 1 (first 12 months) earns $707.42 per week ($18.62 per hour) full-time. The award specifies percentages for each age.

Overtime and Penalty Rates

Overtime is paid at time-and-a-half for the first 2 hours and double time thereafter. Work on a public holiday is paid at double time. These rates apply to both full-time and part-time employees.

Median Earnings for Real Estate Sales Agents

For a more market-based figure, the ABS Survey of Employee Earnings and Hours (May 2025) provides median earnings for real estate sales agents (ANZSCO 6121). The median full-time weekly earnings are $1,504, which equates to about $78,208 per year. The median hourly rate is $40. This is for full-time non-managerial employees paid at the adult rate.

It is important to note that this median is for sales agents specifically, not all real estate roles. Property managers, for example, may earn differently. The award rates above apply to many roles, but sales agents often earn commissions on top of a base salary, which can push earnings higher.

Comparison to National Averages

The national full-time adult ordinary-time average is $2,083.70 per week ($108,352 per year) according to the ABS Average Weekly Earnings, May 2026. The median full-time earnings across all occupations is $1,852 per week ($96,304 per year), and the all-employees median (including part-time) is about $74,100 per year.

Real estate sales agents' median of $1,504 per week is below the national full-time average and median. However, it is above the all-employees median, reflecting that most real estate agents work full-time (79% according to Jobs and Skills Australia). The average full-time hours for real estate sales agents is 44 hours per week, same as the national average.

State and Territory Averages

Full-time average earnings vary by state. For example, Western Australia has a full-time average of about $115,825 per year, while Tasmania is about $96,008. Real estate salaries may follow similar patterns, but specific state data for real estate is not published. You can compare your salary to your state's average on our States and territories page.

Tax on Real Estate Income

For the 2026–27 income year, tax rates are:

  • $0–$18,200: nil
  • $18,201–$45,000: 15%
  • $45,001–$135,000: 30%
  • $135,001–$190,000: 37%
  • Over $190,000: 45%

Plus a 2% Medicare levy. For a real estate sales agent earning the median of $78,208, the tax would be approximately $14,162 plus $1,564 Medicare levy, leaving about $62,482 after tax. Higher earners may face the 37% or 45% brackets. Use our Guides for more tax information.

Above-Award and Commission Earnings

Many real estate professionals earn above the award minimum through commissions, bonuses, or salary packaging. Sales agents often receive a base salary plus commission on sales, which can significantly increase total earnings. The median of $1,504 per week for sales agents suggests that many earn above the award Level 4 rate of $1,287.30. However, earnings can be volatile, especially in slower markets.

Allowances Under the Award

The Real Estate Industry Award also provides for allowances such as vehicle allowance, meal allowance, and travel allowance. These are in addition to base pay and can affect total compensation. For details, refer to the full award on the Fair Work website.

How to Use This Site

You can see where your real estate salary sits against the national full-time average by using our tool. Place a salary on the line to enter your annual, weekly, or hourly pay and see the comparison. You can also explore Job medians for other occupations or Industry medians for broader industry comparisons.

Data Sources

  • National average: ABS Average Weekly Earnings, May 2026 (full-time adult ordinary-time earnings $2,083.70 per week)
  • Medians: ABS Employee Earnings and Hours, August 2025
  • Award rates: Fair Work Real Estate Industry Award, effective 1 July 2026
  • National minimum wage: Fair Work, from 1 July 2026 ($26.44 per hour, $1,004.90 per week)
  • Occupation profile: Jobs and Skills Australia for real estate sales agents

Conclusion

Real estate salaries in Australia range from award minimums of about $1,010 per week for entry-level associates to median earnings of $1,504 per week for sales agents. While below the national full-time average, real estate offers potential for higher earnings through commissions and bonuses. For a personalised comparison, use our tools on About this site.

Questions

What is the minimum wage for a real estate employee under the Real Estate Industry Award?

Under the Real Estate Industry Award (MA000106) effective from 1 July 2026, the minimum weekly pay for a Level 1 associate (first 12 months) is $1,010.60 for full-time employees, or $26.59 per hour. Higher classifications pay more, up to $1,287.30 per week for Level 4 in-charge roles.

How does the median real estate salary compare to the national average?

According to the ABS Survey of Employee Earnings and Hours (May 2025), the median full-time earnings for real estate sales agents is $1,504 per week, or about $78,208 annually. This is below the national full-time adult ordinary-time average of $2,083.70 per week ($108,352 per year) and also below the all-employees median of $74,100 per year.

What are the tax implications for a real estate salary?

For the 2026–27 income year, tax rates are progressive: nil up to $18,200, 15% from $18,201 to $45,000, 30% from $45,001 to $135,000, 37% from $135,001 to $190,000, and 45% above $190,000. A 2% Medicare levy also applies. For a median real estate salary of $78,208, the tax would be approximately $14,162 plus Medicare levy, leaving about $62,446 after tax (excluding offsets).

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