Asset Manager (Property)

An Asset Manager (Property) oversees the performance, maintenance, and financial returns of commercial or residential property portfolios on behalf of owners or investors. They manage tenant relationships, coordinate maintenance and repairs, monitor budgets and rent collection, and ensure properties comply with relevant building and safety standards. They work across multiple properties, liaising with contractors, accountants, and legal advisors to maximise asset value and occupancy rates.

Monitor rental income collection, chase overdue payments, and reconcile tenant accounts against lease agreements. Prepare annual property budgets, forecast capital expenditure requirements, and report financial performance to property owners or investment committees. Coordinate preventative and reactive maintenance schedules, obtain quotes from contractors, and authorise repairs within approval limits. Conduct regular property inspections to assess condition, identify defects, and plan refurbishment or upgrade works. Manage lease renewals, rent reviews, and variations in accordance with lease terms and market conditions. Ensure compliance with Building Code of Australia, fire safety standards, disability access requirements under the Disability Discrimination Act, and local council by-laws. Liaise with tenants on operational issues, resolve disputes, and manage early termination or eviction procedures in consultation with legal counsel. Analyse property performance metrics including occupancy rates, yield, capital growth, and expense ratios to inform asset strategy.

The standard entry pathway requires a bachelor degree or higher (ABS Skill Level 1). Specific qualification requirements vary by employer and state. Some employers may accept equivalent experience. Check yourcareer.gov.au for available courses and dewr.gov.au/skills-reform/free-tafe for subsidised training options.

You'll spend a lot of time chasing tenants for unpaid rent, dealing with angry landlords about maintenance costs, and managing complaints about leaky roofs or noisy neighbours. Pay growth can flatten unless you move into senior management. Many properties are spread across the region, so you might spend half your week driving to inspections. Tenant disputes can get messy and emotional.

Some roles exist regionally wherever there's significant property investment, but opportunities are thinner. Remote work is rare because you need to inspect properties and meet tenants face to face.

Published for ANZSCO unit group 2245, the wider group this job sits in, not for this job on its own.

This is the median for full-time employees who are not managers and are paid at the adult rate, before tax and salary sacrifice. It is a guide to what the work pays, not a wage rate.

Source: ABS Survey of Employee Earnings and Hours, May 2025, customised report.

• Attention to Detailcore
• Invoicing and Accounts Receivablecore
• Microsoft Office Suite Proficiencycore
• Negotiationcore
• Problem Solvingcore
• Record Managementcore
• Regulatory and Legislative Awarenesscore
• Report Writingcore
• Reporting and Analyticscore
• Research and Analysiscore
• Risk Identificationcore
• Stakeholder Communicationcore
• Time Management and Prioritisationcore
• Verbal Communicationcore
• Written Communicationcore
• Conflict Resolution
• Electronic Document Management
• Goal Setting and Planning
• Microsoft Excel Data Management
• Policy Interpretation
• Power BI Reporting and Dashboards
• Process Improvement Identification
• Supplier Communication

• ABS OSCA 2024, occupation definition and task statements
• ABS Survey of Employee Earnings and Hours, May 2025, customised report.
• ABS, 2021 Census of Population and Housing based on usual place of residence (Custom Report). OSCA Experimental Estimates.

Role data is drawn from official Australian Government sources, and each figure names where it comes from. Where a role is not in the ABS classification, the page shows no government figures for it. Data may not reflect every local variation.

Where our numbers come from.

Last updated: 30 October 2026