Industry opportunities in property and real estate
The Property and Real Estate Services industry employ just over 218 000 people and is expected to grow by 5.9 percent up to 2023 – with a projected 7.6 percent growth for property operators and real estate services.
What to expect from a career in property and real estate services
Developing skills in the rental, hiring and real estate services industry can pave the way for an exciting and lucrative career. Barriers to entry are low and many professionals get a great sense of fulfilment helping people buy their first home or investment property.
However, the sector is very competitive. With these low barriers to entry, in a competitive market you’ll need to develop market knowledge and excellent communication skills. It’s also important to build your own network. If you’re highly motivated, this industry could be perfect for you.
Career outcomes in the rental, hire and real estate services industry range from becoming an auctioneer, land valuer, real estate agent, agency manager, and more. After establishing foundational skills, professionals can go on to launch their own businesses or act as independent consultants.
Some of the benefits of being skilled in this industry include:
- High earning capacity
- Sense of reward helping people make major life decisions
- Potential to start and build your own business
- Exposure to a broad range of people and networks.
There are many pathways to becoming skilled in this field. For example, you could undertake an apprenticeship or traineeship as a real estate office administrator alongside vocational studies. To get into agency management, this practical experience could be paired with a Diploma of Property (Agency Management) or a Certificate IV in Real Estate Practice to be an auctioneer or property manager.
Property and real estate industry apprenticeships and traineeships
Get practical experience and a nationally-recognised certification to launch your career in the Property and Real Estate services industry with Mas. Mas helps job seekers who are looking to reskill or upskill to find the jobs and careers they want.