Property valuation job vacancies in Australia grew 112% year-on-year in the third quarter of 2021, as property businesses face strong competition for talent.

Most of Australia’s property industry faced the same pressures, according to the latest SEEK job listing data shared with ANZPJ.

Real estate and property job openings across the country were 39% higher in Q3 2021 compared to the same period in 2020.

“Attracting, retaining and developing the right talent, as in many Australian business sectors, remains a priority for the property industry,” said Australian Property Institute Chief Executive Officer Amelia Hodge.

“We are certainly seeing strong competition for talent amongst the majority of our member firms. The war for talent is real and will continue to be challenging for some time post COVID.”

Victoria had the largest rise in real estate and property job openings in the country, up 87.8% YOY in Q3.

Queensland saw a 44.3% increase in real estate and property job vacancies in the third quarter, followed by Western Australia with a 42.2% rise in job listings.

The Northern Territory was the only jurisdiction to record a decrease in job listings during the period.

At the national level, property analyst job vacancies recorded a 206% YOY increase in Q3, followed by retail and property development roles, which were up 127%.

Job vacancies in property administration were 60% higher; body corporate and facilities management employment openings were up 52%; and commercial sales, leasing and property management job openings rose 49%.

Residential leasing and property management job vacancies were stable, just 4% higher, while role openings in residential sales were down 1%.

SEEK currently has about 2,760 real estate and property jobs available, with the majority in residential leasing and property management.