Rental, Hiring and Real Estate Services

Overview

Snapshot

Employed
226,600
Past Growth
9.2%
Future Growth
6.5%
Weekly Earnings
$1,388
Workforce Share
1.7%
Full-Time Share
76.9%
Female Share
50.5%
Average Age
44

Summary

Rental, Hiring and Real Estate Services is a small employing industry. Around 1.7% 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 $1,388 per week, higher the all industries average of $1,200.

Employment

Employment in the Rental, Hiring and Real Estate Services industry grew over the 20 years to May 2022.

The number of workers:

  • fell by 14,500 (or 6.0%) over the last quarter
  • grew by 15,300 (or 7.2%) over the last year.

Quarterly employment update, Rental, Hiring and Real Estate Services

Source: ABS, Labour Force Survey, Detailed, May 2022, 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 National Skills Commission, 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 57.9% of workers.

Employment by sector, Rental, Hiring and Real Estate services

Source: ABS, Labour Force Survey, Detailed, May 2022, 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
(all industries)

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
Excel document
Industry Profile Data May 2022

(95 Kb)

Occupations related to each Industry, by Skill Level

This spreadsheet lists occupations that are related to each industry by ANZSCO Skill Level.

Excel document
Related Occupations By Skill Level

(300 Kb)

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.
Excel document
Occupation (ANZSCO) To Industry (ANZSIC) Correspondence

(313 Kb)


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


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