Rental, Hiring and Real Estate Services
Overview
Snapshot
Summary
Rental, Hiring and Real Estate Services is a small employing industry. Around 1.6% of workers have their main job in this industry.
Businesses in this industry are mainly involved in activities like:
- renting, hiring, or allowing the use of assets
- real estate services such as selling, renting and buying real estate for clients
- managing real estate for clients
- appraising real estate.
Around a third of workers have a VET qualifications and 26% have a university qualification, although 41% do not have post-school qualifications.
Many people with their main job in this industry work full-time hours.
Average earnings are $1,201 per week, lower the all industries average of $1,250.
Employment
Employment in the Rental, Hiring and Real Estate Services industry grew over the 20 years to February 2023.
The number of workers:
- grew by 600 (or 0.3%) over the last quarter
- fell by 18,300 (or 7.7%) over the last year.
Quarterly employment update, Rental, Hiring and Real Estate Services
Source: ABS, Labour Force Survey, Detailed, February 2023, seasonally adjusted.
Outlook
Employment in Rental, Hiring and Real Estate Services is projected to grow by 14,900 (or 6.3%) over the five years to November 2026.
Employment levels, past and projected, Rental, Hiring and Real Estate Services
Source: ABS, Labour Force Survey, Detailed, November 2021, seasonally adjusted and Jobs and Skills Australia, 2021 Employment projections for the five years to 2026.
Sectors
Real Estate Services is the largest sector in the Rental, Hiring and Real Estate Services industry, employing 61.5% of workers.
Employment by sector, Rental, Hiring and Real Estate services
Source: ABS, Labour Force Survey, Detailed, February 2023, seasonally adjusted.
Occupations
Largest employing occupations
Real Estate Sales Agents is the largest employing occupation in the Rental, Hiring and Real Estate Services industry.
The 10 largest employing occupations are shown below. The table shows:
- the number employed in all industries
- the number employed in this industry
- the proportion employed in this industry.
Some occupations are common across a number of industries.
Largest employing occupations, Rental, Hiring and Real Estate Services industry
ANZSCO Code | Occupation title |
Employment |
Employment (this industry) |
Proportion employed in this industry |
6121 | Real Estate Sales Agents | 98,900 | 86,300 | 87% |
1499 | Other Hospitality, Retail and Service Managers | 78,900 | 11,500 | 15% |
5311 | General Clerks | 288,700 | 8,200 | 3% |
2245 | Land Economists and Valuers | 14,000 | 8,200 | 59% |
5121 | Office Managers | 141,500 | 7,000 | 5% |
2211 | Accountants | 200,200 | 5,700 | 3% |
5421 | Receptionists | 174,500 | 5,300 | 3% |
1311 | Advertising, Public Relations and Sales Manager | 163,800 | 4,800 | 3% |
6219 | Other Sales Assistants and Salespersons | 17,300 | 4,600 | 27% |
5511 | Accounting Clerks | 130,700 | 4,500 | 3% |
Source: ABS Labour Force Survey, four quarter average, 2021.
Related occupations
The Rental, Hiring and Real Estate Services industry employs workers in a range of occupations.
The table below shows related occupations by ANZSCO Skill Level (Skill Level 1 is the highest skill level). This includes occupations that:
- contribute a large share of industry employment (account for at least 3% of industry employment)
- have a large share of workers in this industry (at least 5% of workers in an occupation).
These thresholds were used as a guide only and a number refinements were made to the list of occupations included.
The table shows the total number of people employed in each occupation as well as the number and proportion employed in this industry at the time of the 2016 ABS Census.
- In most cases, 6-digit ANZSCO occupations are shown. This is the most detailed level of ANZSCO.
- 4-digit occupations are shown where the ANZSCO classification system only has one valid 6-digit occupation.
- The 4-digit employment figures will differ from the figures shown in the Largest employment occupations table above because the figures have come from different data sources.
Expand or collapse each Skill Level button to view related occupations.
Occupations related to Rental, Hiring and Real Estate Services industry, by skill level
ANZSCO code | Occupation title | Employment (all industries) |
Employed (this industry) |
Proportion employed in this industry |
224512 | Valuer | 5,078 | 3,603 | 71% |
131112 | Sales and Marketing Manager | 93,896 | 3,522 | 4% |
224511 | Land Economist | 6,958 | 3,134 | 45% |
1322 | Finance Manager | 45,349 | 1,505 | 3% |
222312 | Financial Investment Manager | 6,891 | 627 | 9% |
Source: Based on ABS Census 2016, Customised Report.
ANZSCO code | Occupation title | Employment (all industries) |
Employed (this industry) |
Proportion employed in this industry |
612113 | Real Estate Agency Principal | 6,002 | 5,503 | 92% |
5121 | Office Manager | 109,391 | 4,909 | 4% |
149913 | Facilities Manager | 16,717 | 3,556 | 21% |
5211 | Personal Assistant | 50,760 | 3,085 | 6% |
149915 | Equipment Hire Manager | 2,780 | 1,940 | 70% |
521211 | Secretary (General) | 32,035 | 1,163 | 4% |
149413 | Transport Company Manager | 11,420 | 900 | 8% |
411711 | Community Worker | 24,077 | 757 | 3% |
1493 | Conference and Event Organiser | 19,769 | 739 | 4% |
599111 | Conveyancer | 6,431 | 725 | 11% |
149411 | Fleet Manager | 2,985 | 275 | 9% |
222199 | Financial Brokers nec | 374 | 268 | 72% |
399912 | Interior Decorator | 1,454 | 213 | 15% |
141912 | Retirement Village Manager | 966 | 57 | 6% |
Source: Based on ABS Census 2016, Customised Report.
ANZSCO code | Occupation title | Employment (all industries) |
Employed (this industry) |
Proportion employed in this industry |
612112 | Property Manager | 33,785 | 28,122 | 83% |
612114 | Real Estate Agent | 21,977 | 21,414 | 97% |
612115 | Real Estate Representative | 14,710 | 13,019 | 89% |
599215 | Trust Officer | 1,066 | 270 | 25% |
399516 | Sound Technician | 2,760 | 223 | 8% |
612111 | Business Broker | 618 | 186 | 30% |
611111 | Auctioneer | 585 | 125 | 21% |
611112 | Stock and Station Agent | 1,918 | 103 | 5% |
399513 | Light Technician | 811 | 51 | 6% |
Source: Based on ABS Census 2016, Customised Report.
ANZSCO code | Occupation title | Employment (all industries) |
Employed (this industry) |
Proportion employed in this industry |
5311 | General Clerk | 208,596 | 7,397 | 4% |
542111 | Receptionist (General) | 89,790 | 6,029 | 7% |
551111 | Accounts Clerk | 88,499 | 2,728 | 3% |
591117 | Order Clerk | 12,532 | 665 | 5% |
7121 | Crane, Hoist or Lift Operator | 9,580 | 408 | 4% |
821712 | Scaffolder | 7,881 | 292 | 4% |
599916 | Facilities Administrator | 2,837 | 129 | 5% |
821911 | Crane Chaser | 887 | 32 | 4% |
721212 | Backhoe Operator | 615 | 25 | 4% |
Source: Based on ABS Census 2016, Customised Report.
ANZSCO code | Occupation title | Employment (all industries) |
Employed (this industry) |
Proportion employed in this industry |
621912 | Rental Salesperson | 4,353 | 3,545 | 81% |
8111 | Car Detailer | 14,207 | 1,173 | 8% |
8991 | Caretaker | 5,932 | 262 | 4% |
839413 | Wood and Wood Products Factory Worker | 1,487 | 214 | 14% |
899912 | Car Park Attendant | 2,096 | 102 | 5% |
899918 | Sign Erector | 1,133 | 34 | 3% |
561911 | Classified Advertising Clerk | 208 | 17 | 8% |
Source: Based on ABS Census 2016, Customised Report.
Data Downloads
Industry profile data
This file contains data for all 19 industries to make comparing industry data easy. Information available includes:
- Industry snapshot data
- Industry employment (20-year time series)
- Industry employment projections
- Industry sector employment
- Top employing occupations by industry
Occupations related to each Industry, by Skill Level
This spreadsheet lists occupations that are related to each industry by ANZSCO Skill Level.
Occupation (ANZSCO) to industry (ANZSIC) correspondence
This file maps occupations to industries using the Australian and New Zealand Standard Classification of Occupations (ANZSCO) and Australian and New Zealand Standard Industrial Classification (ANZSIC).
Data are sourced from the Australian Bureau of Statistics, 2016 Census.
The purposes of the correspondence are to:
- Identify occupations that contribute a large share of employment to each industry.
- Identify occupations that have a strong association with each industry, even if they do not contribute a large share of employment to the industry.
Useful links
Australian and New Zealand Standard Industrial Classification (ANZSIC)
The ANZSIC provides a basis for the standardised collection, analysis and dissemination of economic data on an industry basis for Australia and New Zealand. The ANZSIC is a hierarchical industry classification with four levels, namely Divisions (the broadest level), Subdivisions, Groups and Classes (the finest level).
There are 19 Division level industries, most industry data on LMI are displayed at this level. Division level industries provide a broad overall picture of the economy and this level is most suitable for the publication of summary tables in official statistics.
The Subdivision, Group and Class levels provide increasingly detailed dissections of these categories for the compilation of more specific and detailed statistics. The sector data on LMI is at the Group level.
For more information on the ANZSIC visit the ABS website.
Industry links
- Accommodation and Food Services
- Administrative and Support Services
- Agriculture, Forestry and Fishing
- Arts and Recreation Services
- Construction
- Education and Training
- Electricity, Gas, Water and Waste Services
- Financial and Insurance Services
- Health Care and Social Assistance
- Information Media and Telecommunications
- Manufacturing
- Mining
- Other Services
- Professional, Scientific and Technical Services
- Public Administration and Safety
- Rental, Hiring and Real Estate Services
- Retail Trade
- Transport, Postal and Warehousing
- Wholesale Trade