Product Owner Salary in Melbourne, Victoria
Melbourne hosts many banks, tech startups, and digital employers. High demand for Product Owners here reflects both a competitive market and a steep cost of living, especially in the CBD and inner suburbs. Salaries in Melbourne outpace those in regional Victoria due to the strong presence of multinational firms and local technology leaders.
Salary by experience level
Entry-level (0-2 years)
Salary range (per year)
A$80,000 to A$105,000
Average (per year)
A$92,500
Graduates and early-career hires find roles in fintech, retail, or SaaS firms, often supporting agile teams in large organizations.
Mid-level (3-5 years)
Salary range (per year)
A$105,000 to A$135,000
Average (per year)
A$120,000
By this stage, employers in banking, health, and logistics look for independent backlog management and stakeholder communication skills.
Senior (6-9 years)
Salary range (per year)
A$135,000 to A$165,000
Average (per year)
A$150,000
Senior Product Owners drive strategy in major tech or government projects, with accountability for product vision and delivery.
Principal/Lead (10+ years)
Salary range (per year)
A$165,000+
Principal and Lead Product Owners in Melbourne work on ASX-listed companies, consultancy, or large-scale digital transformation projects.
Hourly Rates
For freelance or contract work, hourly rates are typically higher than equivalent salaried positions.
Junior
A$45 - A$65
per hour
Mid-level
A$65 - A$90
per hour
Senior
A$90 - A$120
per hour