Property Manager Vetassess Skills Assessment

What is the requirement of a Property Manager Vetassess Skills Assessment?


Occupation Description

A Property Manager supervises the leasing of rental properties on behalf of owners

Occupations and specialisations not considered

under this ANZSCO code:

  • Real Estate Agent
  • Real Estate Representative
  • Business Broker

What’re the Requirements for Skills Assessment

This occupation requires

A qualification assessed as comparable to the educational level of an Australian Qualifications Framework (AQF) Certificate IV or higher, in a field highly relevant to the nominated occupation.

If the qualification is in a field highly relevant to the occupation, then at least one year of highly relevant post-qualification employment at an appropriate skill level is required, completed in the last five years.

If the qualification is not in a highly relevant field, two years of highly relevant employment at an appropriate skill level is required, completed in the last five years; this is reduced to one year if there is an additional qualification at AQF Certificate IV level in a highly relevant field.

If the applicant only holds a qualification at AQF Certificate III level in a highly relevant field, three years of highly relevant employment at an appropriate skill level is required, completed in the last five years.

If employment is pre-qualification, then three additional years of highly relevant employment are required. This is in addition to one year of highly relevant employment within the past five years.

A positive assessment of both qualifications and employment is required for a positive Skills Assessment Outcome

What’s the requirement for Qualification

AQF Certificate IV or higher Highly relevant fields of study include Real Estate or Property Management.

Real Estate Agency or Property Management is the study of the developing, purchasing, leasing and selling buildings, businesses and properties, as well as the associated management and business skills to operate a real estate agency.

Subjects may include:

  • Property Services
  • Business Administration
  • Housing
  • Property Economics
  • Property Operations
  • Facilities Management

What’s the requirement for Employment

Property managers act as intermediaries between tenants and property owners in rental agreements.

They may work for a real estate agency with residential tenants, or they might be involved in commercial property management with shopfronts or large office/retail complex leasing.

They need to be familiar with laws and regulations surrounding property and have customer service skills to deal effectively with both property owners and tenants.
Property managers are accountable for a multitude of leasing and administrative duties.

They are responsible for showing prospective tenants through a property and also assessing their suitability to become a tenant on behalf of the owner.

When tenants have moved in, the property manager is responsible for collecting rent, carrying out regular inspections to ensure the property is being maintained, and organising any repairs on behalf of the owner

Pre-qualification employment

Can be considered for this occupation.

Required tasks for this occupation include (in the context of property management, unless stated otherwise):

  • collecting and holding rent monies from tenants, and remitting to the owner on an agreed basis
  • monitoring and addressing non-compliance with terms and conditions of tenancy and pursuing rental arrears

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