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Asset Manager (Property)

ProfessionalsUsually a bachelor degree or higher, or long experience

What the work is

Manages a portfolio of real estate assets on behalf of a third party, such as an investor or business. Evaluates the performance of real estate assets and implements strategies to enhance their long-term viability and profitability.

Would you enjoy the work?

These are the main tasks in the official description. Mark how each one sounds to you.

  • Coordinates with financial analysts and Accountants to monitor and evaluate the performance of real estate assets within a portfolio
  • Conducts market research to identify opportunities for property portfolio growth and risk reduction
  • Prepares and presents reports on property portfolio performance, operations and expenses to stakeholders
  • Implements strategies to enhance the long-term viability and profitability of real estate assets
  • Combines expertise in real estate and finance to oversee and optimise real estate investments for clients

Try it

A simulation and a case study from this kind of work, set in a fictional property valuation firm working across a regional city and its surrounding towns. They are fictional.

The kind of days you could have

Good days

  • A careful valuation gets a family the right answer in a stressful time
  • A site visit shows you something no photo or listing could have told you
  • A client who expected a fight leaves trusting that your number is fair

Hard days

  • A client or an agent who hopes your valuation will say what they want to hear
  • Few recent sales to compare, and a decision that still has to be made
  • Driving between inspections in all weather, then writing it up properly at night

Written by Career Calling as a general guide. Real roles vary by employer and place.

Work a mission

Step into a simulated workplace in this field, with a brief from your manager.

Description and tasks: Australian Bureau of Statistics, Occupation Standard Classification for Australia, 2024, Version 1.0 (opens another site), occupation 223531, used under a Creative Commons Attribution 4.0 licence. The skill guide above is our plain English summary.