Valuers and analysts among most sought-after property market professionals

by AB19 Jul 2013

Property analysts, residential development managers and industrial property managers are in demand at present in Australia's property market, according to recruiting experts Hays Property.

The company has released its latest Hays Quarterly Hotspots list of jobs in demand, which points towards the evolution of Australia's job market.

"The gloss has gone off the resources and mining sector, and we are moving away from a two-speed economy to a system of micro-economies that are creating pockets of employment opportunities - even in the most challenged sectors," says Adam Shapley, regional director of Hays Property.

"Demand is not evident in every function in every location, but there are pockets of specific skill shortages," he says.

"Employers are replacing departing staff and making selective staff investments in roles that can add immediate value to their business."

But Shapley warns that employers have high expectations when they recruit.

"Employers will only make job offers to the top tier candidates. They are still looking for industry specific skills and background that matches their industry.

"Job losses tend to be more visible than job gains, but we are seeing more jobs created than lost and there is still tempered confidence in the market and in a number of sectors."

According to the Hays Quarterly Hotspots list, demand exists for the following skilled professionals in Australia's property market:

  • Property Analysts - In response to greater capital transaction activity, especially foreign money and A-REITS, the need for Property Analysts has increased.
  • Residential Development Managers - Urban infill residential project approvals have increased, which has fuelled this demand
  • Residential Property Managers - These candidates are sought in response to the lift in residential sales.
  • Residential and Commercial Valuers - This is a transient job function, with a shortage of people who remain in valuation. As a result, we see constant demand for relevant professionals.
  • Industrial Property Managers - Given the expansion of industrial centres in many locations, demand has arisen for Industrial Property Managers.
  • Data Centre Managers - As more companies use cloud technologies and need hosting sites, the need for Data Centre Managers continues to rise.
  • Client-side Project Managers - Companies are outsourcing project management to consultancies to streamline costs, which is creating demand for Client-side PMs.
  • Asset Managers - The amalgamation of portfolios as companies attempt to maximise revenue from existing assets has fuelled a need for Asset Managers.
  • Centre Managers and Leasing Professionals - The expansion and refurbishment of several major shopping precincts around the country has fuelled demand for Centre Managers and Leasing Professionals in retail.