Product Manager Salary in Australia

Product Manager roles in Australia presents a promising professional journey in Australia. The role integrates expertise with creative problem-solving, offering competitive compensation packages. Candidates can expect substantial opportunities for career growth and skill enhancement.

Tax rate
Approx. 32%
Demand
Stable
Last updated
14 Feb 2025
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Role overview

Product managers guide product development from conception to launch.

Annual Salary – 2025

High accuracy
38 recent reports confirm data accuracy
Β· Upd: 14 Feb 2025
Average Salary $119,100

Junior Level

$71,460 - $95,280

Experience: 0-2 years

Middle Level

$95,280 - $142,920

Experience: 3-5 years

Senior Level

$142,920 - $214,380

Experience: 6+ years

Estimated Take-Home Pay

Expected monthly income after standard tax deductions (approx. 32%)

$6,749


Hourly Rate

$48.67 - $65.85 per hour

Based on 40-hour work week, rates may vary by region and company


Healthcare

Comprehensive medical, dental and vision insurance coverage for you and your family

Approx. $8,337 per year


Annual Bonus Range

Typical performance-based annual bonus range

$11,910 - $17,865


Equity Bonus

Company equity compensation based on local market standards and company policy

Up to $11,910


Total Housing Budget

Recommended monthly spending on rent/mortgage and utilities

Up to $2,000


Retirement Savings Target

Recommended monthly retirement account contribution

$1,500


Recommended Emergency Fund

Financial safety net for unexpected expenses and life events

$29,775 - 59,550


Monthly Savings Targets

Recommended amount to set aside each month for your financial security and future goals

Approx. $3,000

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Education Requirements

Bachelor's degree in Business or related field

Professional Certifications

Scrum Product Owner Product Management Certification

Training & Development

  • Access to advanced technical training resources
  • Cross-functional training opportunities

Required Skills

Core Skills

Product Strategy Agile User Research Data Analysis Roadmapping

Trending Skills

AI/ML Product Management Growth Metrics Product Analytics A/B Testing

Emerging Skills

Web3 Product Management AR/VR Product Development

Specifics

Work Environment

Remote with regular team meetings

Tools

Jira ProductPlan Analytics tools

Collaboration

High stakeholder interaction

Time Zones

Flexible with core team hours

Benefits

Common Benefits

Health Insurance
Paid Time Off
Remote Work Options
Professional Development
Mental Health Support
Flexible Hours
Home Office Allowance

Additional Benefits

Stock Options
Performance Bonuses
Health and Wellness Programs
Home Office Setup
Internet Allowance
Coworking Space Access
Learning & Development Budget
Conference Attendance

Cross-Country Pay Scale

Explore Product Manager salaries worldwide. Below you'll find a comparison of average annual compensation in different countries relative to the base rate in Australia ($119,100).

Frequently Asked Questions

What is the average Product Manager salary in Australia?

The average salary for a Product Manager in Australia is $119,100 per year. Entry-level positions (Junior Level) start at $71,460 - $95,280, while experienced professionals (Senior Level) can earn up to $142,920 - $214,380.

What skills are required for a Product Manager role?

Core skills include Product Strategy, Agile, User Research, Data Analysis, Roadmapping. Trending skills are AI/ML Product Management, Growth Metrics, Product Analytics, A/B Testing, while emerging skills focus on Web3 Product Management, AR/VR Product Development.

What is the job market outlook for Product Managers?

The job market shows high demand with 15% annual growth. Remote work opportunities are increasing, with high availability across various job platforms. Key industries include Digital Marketing, Robotics, Data Analytics, Technology, Telecommunications.

What benefits are typically offered to Product Managers in Australia?

Common benefits include Health Insurance, Paid Time Off, Remote Work Options, Professional Development. Additional benefits may include Stock Options, Performance Bonuses, Health and Wellness Programs, Home Office Setup.

What roles are similar to Product Manager?

Similar positions to Product Manager include Technical Product Manager, Product Owner, Growth Product Manager, AI Product Manager. These roles share many of the same responsibilities and required skills, though their focus areas may vary slightly by organization.

What is the hourly rate for Product Managers in Australia?

Based on a standard 40-hour work week, Product Managers in Australia typically earn between $48.67 and $65.85 per hour per hour. Rates may vary depending on location, experience level, and specific employer.

What are the core and trending skills for Product Managers?

Core skills essential for Product Managers include Product Strategy, Agile, User Research, Data Analysis, Roadmapping. The most in-demand trending skills currently are AI/ML Product Management, Growth Metrics, Product Analytics, A/B Testing. Professionals looking to stay competitive should also keep an eye on emerging skills like Web3 Product Management, AR/VR Product Development.

About Salary Data

Our salary data is compiled from trusted sources including:

Additional market insights from:

Note: Salary ranges are approximate and may vary based on location, experience, skills, and other factors. Data is regularly updated to reflect current market conditions.

Currency rates updated: Feb 24, 2025, 00:02 UTC

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