INDUSTRY NEWSNEWSQLD

Real estate profession growing in Queensland and women dominate the industry

The real estate profession is booming in Queensland, growing more than 25 per cent since 2011 and it remains an equal opportunity profession, with women making up about 58 per cent of all workers in the property operators and real estate services category, according to REIQ.

REIQ CEO Antonia Mercorella said the Census data, a count of employed people on Census night, aligned with expectations considering how well the market is performing lately.

“We know that the profession grows when the market is performing well and the over the past five years the Queensland real estate market has delivered steady, sustainable growth, particularly in the southeast corner,” she said.

“It’s a great job for communicators and generally speaking, women are considered to be great communicators.

“It’s a career that can fit around the commitments of kids and family and this has proven especially attractive to women,” she said.

“Equally, this is a career that is very well suited to men, who find that it is a career that rewards the effort that is put in – basically it’s a great career choice for both men and women,” she said.

Photo: REIQ CEO Antonia Mercorella

 

According to Census data released on Monday, Greater Brisbane is home to about 52 per cent of the state’s property operators and real estate services professionals. The number has grown from 12,919 in 2011 to 17,740 in 2016, representing around 37 per cent growth. Women make up about 56 per cent in both 2016 and in 2011.

The Gold Coast market has grown about 36 per cent since 2011, with real estate practitioners growing from 4656 in 2011 to 6340 in 2016. About 56 per cent are women in 2016 and also in 2011.

The Sunshine Coast SD has grown around 22 per cent since 2011, growing from 2272 to 2775 real estate professionals in 2016. The percentage of those who are women has remained steady at about 59 per cent.

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Azal Khan

Azal Khan was a in-house features writer for Elite Agent Magazine.