- There are 2.7 million rentals across Australia
- 80% of these are managed by property managers
- Women make up two-thirds of all property managers
As lockdowns continue to wreak havoc around the country, the Real Estate Institute of Australia (REIA) is celebrating National Property Managers Day today, an initiative originally put together by the Real Estate Institute of New South Wales (REINSW).
REIA President Adrian Kelly said the celebration acknowledges the challenges property managers face, especially in a time when there are many distressed tenants and landlords thanks to the lockdowns.
Of the estimated 2.7 million rentals across Australia, about 80% of these are managed by property managers.
Additionally, about 27% of Australians live in private rentals paying around $49 billion annually.
On another note, Mr Kelly added the property management field to proud to have a female-majority workforce.
“Many people don’t realise that women make up 67% of the property management workforce and that these property managers can be at the forefront of dealing with social issues like domestic violence.”
“Today is about thanking all of our property managers for the role that they play helping Australians into homes – especially in the current phase of the COVID-19 pandemic we are facing.”
Adrian Kelly, REIA President
This month, The Real Estate Institution of Australia (REIA) announced it will ask property managers to complete an anonymous short survey surrounding domestic violence when dealing with tenancies.
REINSW added it recognises the efforts of all residential and commercial property managers during the past sixteen months.
“We acknowledge how the whole real estate industry has come together and worked so hard throughout this long crisis, but we also recognise how Property Managers have really gone above and beyond in their duties,” the REINSW said in a statement.
“The Real Estate Institute of Australia is joining us this year in showing our support and appreciation to the wonderful Property Managers of the real estate industry and to acknowledge how much help and support they have given to both their landlords and tenants who have been affected by the ongoing pandemic.”
As part of the celebrations, nominations are being welcomed for star property managers – visit the REIA and REINSW websites for more details.