Skip to Content

Why property management is a great career choice.

  • Home
  • Why property management is a great career choice.

Jul 24, 2023

Are you interested in a career in the real estate industry? If so, property management might be just the right path for you. Property management offers promising job prospects, and the opportunity to make a significant impact in Australia's thriving real estate industry.

Property managers play a crucial role in real estate agencies, property development firms and property management organisations. They act as intermediaries between landlords and tenants, ensuring that properties are efficiently managed and maintained.

With a projected job growth of 9.5% in the next 5 years, an average salary of $70-$85k in Australia and 2717 job opportunities on SEEK Australia-wide right now, it’s easy to see why this sector has much to offer.

The role

A typical day in the life of a property manager can have much variety and may consist of property inspections (usually conducted at the beginning and end of a tenancy and on a quarterly basis), following up rental arrears, arranging repairs and maintenance on properties, showing prospective tenants through vacant homes, signing up new tenants into properties, resolving any disputes that have arisen and business development to list new properties into the portfolio. Property managers also need to have an excellent understanding of the relevant laws and regulations involved such as the Residential Tenancies Act.

This fairly autonomous role requires exceptional time management skills and a solid ability to negotiate and problem-solve. Depending on a variety of factors (such as the size of the portfolio) property managers may have an assistant to provide support in the daily running of the portfolio.

Training requirements

All property managers operating in South Australia must have successfully completed a Certificate of Property Management and be registered with Consumer & Business Services. This course serves as the current minimum training requirement for property managers in South Australia. For further information about completing the required study components and qualifications to become a registered property manager, you can visit any of the following websites:

The property management industry in South Australia is experiencing significant growth, creating numerous job opportunities. With the demand for residential properties remaining high, property managers are highly sought-after by employers. With the right qualifications and experience, you can expect a promising career trajectory in this dynamic field.

Personal Traits

What are the characteristics that make someone a great fit for this profession?

  • People-Oriented
    Enjoy interactions with tenants, property owners, and possess strong customer service skills.
  • Strong Work Ethic
    Being self-motivated, proactive, and willing to go the extra mile to ensure properties are well-managed and tenant needs are met.
  • Attention to Detail
    Having an eye for detail and a commitment to maintaining the quality and integrity of properties.
  • Problem-solving
    Being resourceful, adaptable, and able to handle unexpected challenges that may arise in property management.
  • Ethical Conduct
    Demonstrating integrity, honesty, and professionalism in all dealings with clients, tenants, and industry partners.

Career Opportunities

There are a range of career paths open to property managers. They can work in a smaller agency as a sole property manager managing a portfolio, or join a larger company and be part of a property management team. Property managers can develop into team leaders or department managers, overseeing staff. Other options include a path into business development working with clients and focusing on growing the property management portfolio or becoming a specialist in maintenance or inspections. Residential property management can also be an entrée into commercial property management if further experience is gained or studies undertaken.

A career in property management can be an exciting and fulfilling choice for graduates and individuals interested in the real estate industry in South Australia. Property management offers high levels of job satisfaction, excellent job prospects and growth and good salary potential. By understanding the role and acquiring the necessary qualifications, you can embark on a rewarding journey in property management.

Would you like to read more?

Stay updated with job search advice, the latest jobs, news and events from Starter Staffing by subscribing to our eNews.

Subscribe

Archive