Product Manager Salary in Victoria, Australia

In Victoria, mid‑level product managers earn a median of A$103,500 per year. Industry trends affect the pay scale.

Salary by experience level

Entry-level (0-2 years)

Salary range (per year)

A$76,000 to A$94,000

Average (per year)

A$85,000

Entry-level roles are available in financial services and local government.

Mid-level (3-5 years)

Salary range (per year)

A$94,000 to A$115,000

Average (per year)

A$103,500

Mid-level roles are found in larger employers, such as Bendigo Bank and health sector organizations.

Senior (6-9 years)

Salary range (per year)

A$115,000 to A$140,000

Average (per year)

A$127,000

Senior managers lead product teams in banking and regional tech firms.

Principal/Lead (10+ years)

Salary range (per year)

A$140,000+

Principal roles manage several product lines within established financial institutions.

Hourly Rates

For freelance or contract work, hourly rates are typically higher than equivalent salaried positions.

Junior

A$40 - A$52

per hour

Mid-level

A$52 - A$65

per hour

Senior

A$65 - A$82

per hour

Across Australia, the median for this role sits near A$95,000, placing Victoria above the national norm.