Rental, Hiring and Real Estate Services

This image shows that there were 218,700 people employed in Rental, Hiring and Real Estate Services as at November 2017, up 0.2% since November 2016 and 10.6% since November 2012. Employment is projected to grow by 8.5% over the five years to May 2022.
26% of jobs are regional (down 2 percentage points over 5 years).
51% of workers are female (up 3 percentage points over 5 years).
69% of workers hold post-school qualifications (up 7 percentage points over 5 years).
24% of jobs are part-time (down 2 percentage points over 5 years).
The median age is 42 years (up 1 year over 5 years).

Top 5 Occupations

Top 5 Occupations
Occupation This Industry All Industries
Real Estate Sales Agents 86,200 102,400
Land Economists and Valuers 7,200 10,000
Other Hospitality, Retail and Service Managers 6,900 71,700
Receptionists 6,700 180,700
General Clerks 6,300 235,600

Employment, Rental, Hiring and Real Estate Services (‘000)

This line chart shows the number of people employed in the Rental, Hiring and Real Estate Services industry over the period from November 1997 to November 2017. The chart shows employment increased steadily over this period to 218,700 in November 2017.

Rental, Hiring and Real Estate Services is a small employing industry. There was strong employment growth over the past five years, although growth was more subdued over the last year. Almost half of the workers in this industry are Sales Workers, with Real Estate Agents accounting for a significant share.

The workforce is relatively old and young people (aged 15 to 24 years) account for just 11% of employment. Post-school qualifications are often required.

Rental, Hiring and Real Estate Services employment is projected to grow by 8.5% over the five years to May 2022, with growth projected to be driven by rising employment in the Property Operators and Real Estate Services sector.

Educational attainment, Rental, Hiring and Real Estate Services (%)

Shows the educational attainment profile of the Rental, Hiring and Real Estate Services industry's workforce.  Bachelor degree or higher 26%. Certificate III or higher VET qualification 33%. Other qualification 10%. No post-school qualification 31%.

Age profile, Rental, Hiring and Real Estate Services (%)

Shows the age profile of the Rental, Hiring and Real Estate Services workforce. 11% aged 15 to 24 years. 24% aged 25 to 34 years. 22% aged 35 to 44 years. 21% aged 45 to 54 years. 22% aged 55 years or older.

Sources: ABS, Labour Force (trend and annual averages of original data); ABS, Census of Population and Housing; Department of Jobs and Small Business, Industry Employment Projections

For more information see lmip.gov.au