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.

    You usually need a formal qualification in property to work as a Land Economist or Valuer. Land Economists and Valuers often have a bachelor degree.

    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

    More about Land Economists and Valuers

    All Land Economists and Valuers

    All Land Economists and Valuers

    • $1,780 Weekly Pay
    • Moderate Future Growth
    • Lower unemployment Unemployment
    • 10,000 workers Employment Size
    • Very high skill Skill level rating
    • 83% Full-Time Full-Time Share
    • 47 hours Average full-time
    • 42 years Average age
    • 25% female Gender Share

    The number of people working as Land Economists and Valuers (in their main job) 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 medium sized occupation.
    • Unemployment: Unemployment was below average in 2018.
    • Location: Land Economists and Valuers work in many regions of Australia.
    • Industries: Most work in Rental, Hiring and Real Estate Services; Construction; and Public Administration and Safety.
    • Earnings: Full-time workers on an adult wage earn around $1,780 per week (higher than the average of $1,460). Earnings tend to be lower when starting out and higher as experience grows.
    • Full-time: Most work full-time (83%, much higher than the average of 66%).
    • Hours: Full-time workers spend around 47 hours per week at work (compared to the average of 44 hours).
    • Age: The average age is 42 years (compared to the average of 40 years).
    • Gender: 25% of workers are female (compared to the average of 48%).

    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)

    Source: Based on ABS Survey of Employee Earnings and Hours (cat. no. 6306.0), May 2018, Customised Report. Median weekly total cash earnings for full-time non-managerial employees paid at the adult rate. Earnings are before tax and include amounts salary sacrificed. Earnings can vary greatly depending on the skills and experience of the worker and the demands of the role. These figures should be used as a guide only, not to determine a wage rate.
    EarningsLand Economists and ValuersAll Jobs Average
    Full-Time Earnings17801460

    Main Industries

    Main Employing Industries (% Share)

    Source: Based on ABS Census 2016, 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 Services55.9
    Construction14.5
    Public Administration and Safety9.9
    Professional, Scientific and Technical Services5.2
    Other Industries14.5

    States and Territories

    • NSW

    • VIC

    • QLD

    • SA

    • TAS

    • NT

    • ACT

    Employment by State and Territory (% Share)

    Source: Based on Based on ABS Census 2016, 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
    NSW33.331.6
    VIC26.425.6
    QLD20.720.0
    SA5.57.0
    WA10.410.8
    TAS1.92.0
    NT0.71.0
    ACT1.21.9

    Age Profile

    Age Profile (% Share)

    Source: Based on Based on ABS Census 2016, Customised Report. Age profile of workers in this job compared to the all jobs average.
    Age BracketLand Economists and ValuersAll Jobs AverageAll Jobs Average
    15-190.2-5.05.0
    20-245.1-9.39.3
    25-3424.8-22.922.9
    35-4424.9-22.022.0
    45-5422.3-21.621.6
    55-598.6-9.09.0
    60-646.7-6.06.0
    65 and Over7.4-4.24.2

    Education Level

    Highest Level of Education (% Share)

    Source: ABS, ABS Census 2016, Customised Report. Highest qualification completed by workers in this job (in any field of study). Qualifications needed by new workers might be different from the qualifications of workers already in the job.
    Type of QualificationLand Economists and ValuersAll Jobs AverageAll Jobs Average
    Post Graduate/Graduate Diploma or Graduate Certificate16.9-10.110.1
    Bachelor degree47.6-21.821.8
    Advanced Diploma/Diploma14.9-11.611.6
    Certificate III/IV6.7-21.121.1
    Year 129.6-18.118.1
    Year 111.4-4.84.8
    Year 10 and below3.0-12.512.5

    You usually need a formal qualification in property to work as a Land Economist or Valuer. Land Economists and Valuers often have a bachelor degree.

    Membership with The Australian Property Institute or the Australian Valuers Institute may be useful.

    Thinking about study or training?

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

    • Search and compare thousands of higher education courses, and their entry requirements from different institutions across Australia at Course Seeker website.
    • 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.

    Or check out related courses on Job Outlook.

    Useful links and resources


    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.

    Filter Skills & Knowledge

    Knowledge

    These are important topics, subjects or knowledge areas.

    1. Geography

      76% Skill level

      Describing land, sea, and air, including their physical characteristics, locations, how they work together, and the location of plant, animal, and human life.

    2. English Language

      72% Skill level

      English language including the meaning and spelling of words, rules of composition, and grammar.

    3. Customer and Personal Service

      68% Skill level

      Understanding customer needs, providing good quality service, and measuring customer satisfaction.

    4. Administration and Management

      67% Skill level

      Business principles involved in strategic planning, leadership, and coordinating people and resources.

    5. Education and Training

      65% Skill level

      Curriculum and training design, teaching and instruction for individuals and groups, and the measurement of training effects.

    Occupational Information Network
    O*NET is a trademark of the U.S. Department of Labor, Employment and Training Administration.
    The skills and importance ratings on this page are derived from the US Department of Labor O*NET Database Version 21.2, 19-3051.00 - Urban and Regional Planners.

    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.

    Filter Work Environment

    Demands

    The physical and social demands workers face most often are shown below.

    1. Electronic Mail

      100% Important

      How often do you use electronic mail?

    2. Telephone

      99% Important

      How often do you talk on the telephone?

    3. Face-to-Face Discussions

      97% Important

      How often do you talk with people face-to-face?

    4. Indoors, Heat Controlled

      91% Important

      How often do you work indoors with access to heating or cooling?

    5. Work With Work Group or Team

      91% Important

      How important is it to work with others in a group or team?

    Occupational Information Network
    O*NET is a trademark of the U.S. Department of Labor, Employment and Training Administration.
    The skills and importance ratings on this page are derived from the US Department of Labor O*NET Database Version 21.2, 19-3051.00 - Urban and Regional Planners.

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