Product Manager Salary in Melbourne, Victoria
Melbourne is a major tech employment hub. Large banks, global consultancies, and local SaaS companies drive demand for product managers. Living costs and a active startup scene influence salaries.
Salary by experience level
Entry-level (0-2 years)
Salary range (per year)
A$80,000 to A$110,000
Average (per year)
A$95,000
Graduates and newcomers handle research and basic project work in large technology, finance, or government teams.
Mid-level (3-5 years)
Salary range (per year)
A$110,000 to A$140,000
Average (per year)
A$125,000
Mid-career managers lead product launches or manage Agile squads for major employers ranging from banks to SaaS startups.
Senior (6-9 years)
Salary range (per year)
A$140,000 to A$180,000
Average (per year)
A$160,000
Senior staff direct cross-functional teams and drive strategy for established product lines in high-demand sectors like fintech and healthtech.
Principal/Lead (10+ years)
Salary range (per year)
A$180,000+
Principal and lead roles shape portfolio vision, often reporting to C-suite leaders in multinational corporations or scale-ups.
Hourly Rates
For freelance or contract work, hourly rates are typically higher than equivalent salaried positions.
Junior
A$42 - A$55
per hour
Mid-level
A$55 - A$75
per hour
Senior
A$75 - A$110
per hour