Land Economists and Valuers provide advice on the administration and use of land and property, and assess the value of land, property and other items such as commercial equipment and objects of art.

A skill level equal to Bachelor Degree or higher is needed to work in this job, although only half of workers have a university degree. Sometimes relevant experience or on-the-job training is also needed. Registration or licensing may be required, depending on which state or territory you live in.

Tasks

  • providing advice on land and property financing and valuation matters
  • researching and advising on the administration and use of land and property
  • developing and implementing sales and leasing proposals for commercial land and property
  • providing asset management services for the administration and use of land and property
  • analysing land and property investments
  • managing land and property portfolios and commercial property developments
  • calculating values by considering market demand, condition of items, future trends and other factors
  • examining property, selecting methods of valuation, and submitting written assessments
  • giving evidence in legal proceedings, mediating on valuation matters and providing rental determinations for arbitration purposes

Job Titles

  • Land or Property Economist
  • Valuer
  • Land or Property Economist

    Provides advice on the administration and use of land and property.

    Specialisations: Asset Manager (Land and Property)

  • Valuer

    Assesses the value of land, property, commercial equipment, merchandise, personal effects, household goods and objects of art. Registration or licensing may be required.

    Specialisations: Plant and Machinery Valuer, Property Valuer, Real Estate Valuer

Fast Facts

  • Unavailable Weekly Pay
  • 10,000 workers Employment Size
  • Moderate Future Growth
  • Very high skill Skill level rating
  • Lower unemployment Unemployment
  • 87.4% Full-Time Full-Time Share
  • 43 hours Average full-time
  • 37.5 years Average age
  • 21.2% female Gender Share

The number of Land Economists and Valuers fell over the past 5 years and is expected to grow over the next 5 years:
from 10,000 in 2018 to 10,500 by 2023.
Job openings can come from new jobs being created, but most come from turnover (workers leaving).
There are likely to be around 8,000 job openings over 5 years (that's about 1,600 a year).

  • Size: This is a small occupation.
  • Unemployment: Unemployment was below average in 2017.
  • Location: Land Economists and Valuers work in many regions of Australia. Many work in Victoria.
  • Industries: Most work in Rental, Hiring and Real Estate Services; Construction; and Public Administration and Safety.
  • Full-time: Most work full-time (87.4%, much higher than the all jobs average of 68.4%).
  • Hours: Full-time workers spend around 43.0 hours per week at work (compared to the all jobs average of 40.0 hours).
  • Age: The average age is 38 years (compared to the all jobs average of 40 years).
  • Gender: 21.2% of workers are female (compared to the all jobs average of 46.7%).

Employment Outlook

Number of Workers

Source: ABS Labour Force Survey, Department of Jobs and Small Business trend data to May 2018 and Department of Jobs and Small Business projections to 2023.
YearNumber of Workers
200813200
200910900
20108900
20118300
201210700
201313000
20149000
20159900
201612000
201712500
201810000
202310500

Weekly Earnings

Weekly Earnings (Before Tax)

No data is available for the selected graph for this Occupation.

Main Industries

Main Employing Industries (% Share)

Source: Based on ABS Labour Force Survey, annual average 2017, Cat. No. 6291.0.55.003: Customised Report. Industries are based on the Australian and New Zealand Standard Industrial Classification (ANZSIC 06).
Main Employing IndustriesIndustry (% share)
Rental, Hiring and Real Estate Services65.0
Construction11.2
Public Administration and Safety10.8
Retail Trade4.1
Other Industries8.9

States and Territories

  • NSW

  • VIC

  • QLD

  • SA

  • TAS

  • NT

  • ACT

Employment by State and Territory (% Share)

Source: Based on ABS Labour Force Survey, annual average 2017, Cat. No. 6291.0.55.003: Customised Report. Share of workers across Australian States and Territories, in this job compared to the all jobs average.
StateLand Economists and ValuersAll Jobs Average
NSW33.231.6
VIC37.826.2
QLD14.419.7
SA4.56.7
WA6.710.8
TAS1.32.0
NT0.91.1
ACT1.11.8

Age Profile

Age Profile (% Share)

Source: Based on ABS Labour Force Survey, annual average 2017, Cat. No. 6291.0.55.003: Customised Report. Age profile of workers in this job compared to the all jobs average.
Age BracketLand Economists and ValuersAll Jobs AverageAll Jobs Average
15-190.0-5.25.2
20-243.2-9.99.9
25-3430.4-23.623.6
35-4435.2-21.721.7
45-5418.8-20.820.8
55-597.1-8.88.8
60-643.3-6.06.0
65 and Over2.0-4.04.0

Education Level

Highest Level of Education (% Share)

No data is available for the selected graph for this Occupation.

A skill level equal to Bachelor Degree or higher is needed to work in this job, although only half of workers have a university degree. Sometimes relevant experience or on-the-job training is also needed. Registration or licensing may be required, depending on which state or territory you live in.

Before starting a course, check it will provide you with the skills and qualifications you need.

  • Compare undergraduate and postgraduate student experiences and outcomes on the QILT website.
  • Compare Vocational Education and Training (VET) courses, providers and student outcomes on the My Skills website.

The course listings on this page are provided by Good Education Group.

Employers look for Land Economists and Valuers who have strong attention to detail, provide good customer service and have strong interpersonal skills.

Knowledge

These are important topics, subjects or knowledge areas.

  1. Customer and Personal Service

    80% Important

    Customer and personal services. This includes understanding customer needs, providing good quality service, and measuring customer satisfaction.

  2. Mathematics

    80% Important

    Arithmetic, algebra, geometry, calculus, or statistics.

  3. Law and Government

    79% Important

    How our laws and courts work. Government rules and regulations, and the political system.

  4. Clerical

    77% Important

    Word processing, managing files and records, stenography and transcription, designing forms, and other office work.

  5. Computers and Electronics

    73% Important

    Circuit boards, processors, chips, electronic equipment, and computer hardware and software, including applications and programming.

Occupational Information Network
O*NET is a trademark of the U.S. Department of Labor, Employment and Training Administration.
The importance ratings on this page are derived from the US Department of Labor O*NET Database Version 21.2, 13-2021.01 - Assessors.

Learn about the daily activities, and physical and social demands faced by workers. Explore the values and work styles that workers rate as most important.

Activities

These are kinds of activities workers regularly do in this job.

  1. Getting Information

    94% Important

    Looking for, getting and understanding different kinds of information.

  2. Analyzing Data or Information

    89% Important

    Looking at, working with, and understanding data or information.

  3. Interacting With Computers

    89% Important

    Using computers and computer systems (including hardware and software) to program, write software, set up functions, enter data, or process information.

  4. Judging Things, Services, or People

    89% Important

    Working out the value, importance, or quality of things or people.

  5. Performing for or Working Directly with the Public

    86% Important

    Performing for, or speaking with, the public. This includes speaking on television, serving customers in restaurants and stores, and receiving clients or guests.

Occupational Information Network
O*NET is a trademark of the U.S. Department of Labor, Employment and Training Administration.
The importance ratings on this page are derived from the US Department of Labor O*NET Database Version 21.2, 13-2021.01 - Assessors.

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