What Does a Real Estate Agent in Australia Earn?
One of the most frequently asked questions about real estate agent careers is how much a person can earn. Here’s some insight into how earnings are structured in Australia, from leading providers of real estate training courses and sales training programs.
Average Salary in Australia and Earnings by State
A lot of factors weigh in to how much you’ll earn as a real estate agent after you pass your real estate training courses and get your license, as real estate agent careers are much more flexible and self-determined than more traditional jobs.
Overall, the average salary of a real estate agent nationwide is $192,879 per year.
This average differs by stat:
Factors That Influence Earnings in Real Estate Agent Careers
This doesn’t mean that your paycheque will look just like these averages, and that’s because of the different factors that influence how much you earn. These include:
Commission – Commission rates differ from agency to agency, and also differ between different locations. In Tasmania, the commission rate is around 3.26 but in South Australia that dips to just over 2%. The amount of commission you personally earn depends on your ability to negotiate with your agency and clients. The amount you go home with also depends on the final sale price of the property and how many properties you sell.
Time – Earnings also depend on how much time you put into your real estate agent career. If you work half-days or even 9-5, you’re likely going to earn less than the go-getter who works 80-hour weeks.
Skill – In real estate agent careers, success really comes down to your ability to sell. The better you are at it and the more you hone your skills through sales training programs, networking and skills development, the more you are likely to earn.
Invest in Your Earning Potential – Online Real Estate Training Courses and Sales Training Programs
Global Real Estate Training is a leading provider of online real estate training courses in Australia, helping you qualify you for your real estate license in Australia as well as Tasmania. In addition, we offer innovative, expert-led real estate sales training program as well as property management and administration courses, meeting every training need as you progress to a fully licensed real estate agent and beyond. Contact us today.
Average Salary in Australia and Earnings by State
A lot of factors weigh in to how much you’ll earn as a real estate agent after you pass your real estate training courses and get your license, as real estate agent careers are much more flexible and self-determined than more traditional jobs.
Overall, the average salary of a real estate agent nationwide is $192,879 per year.
This average differs by stat:
- In Australian Capital Territory, it’s $250,000 per year
- New South Wales clocks in at $161,088 per year
- In Queensland I’s $237,418 per year
- South Australia agents earn around $235,137 per year
- Agents in Victoria earn around $172,341 per year
- In Western Australia it’s around $241,005 per year
Factors That Influence Earnings in Real Estate Agent Careers
Commission – Commission rates differ from agency to agency, and also differ between different locations. In Tasmania, the commission rate is around 3.26 but in South Australia that dips to just over 2%. The amount of commission you personally earn depends on your ability to negotiate with your agency and clients. The amount you go home with also depends on the final sale price of the property and how many properties you sell.
Time – Earnings also depend on how much time you put into your real estate agent career. If you work half-days or even 9-5, you’re likely going to earn less than the go-getter who works 80-hour weeks.
Skill – In real estate agent careers, success really comes down to your ability to sell. The better you are at it and the more you hone your skills through sales training programs, networking and skills development, the more you are likely to earn.
Invest in Your Earning Potential – Online Real Estate Training Courses and Sales Training Programs
Global Real Estate Training is a leading provider of online real estate training courses in Australia, helping you qualify you for your real estate license in Australia as well as Tasmania. In addition, we offer innovative, expert-led real estate sales training program as well as property management and administration courses, meeting every training need as you progress to a fully licensed real estate agent and beyond. Contact us today.
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