Mortgage Broker Salary in Australia
Finance • All 12 Major Cities
Mortgage brokers help clients find and secure home loans by comparing products from multiple lenders.
Job Market Outlook
Mixed work with some tasks that AI can assist or automate
Job supply roughly matches candidate availability
Moderate projected employment growth over 5 years
Sources: Microsoft Research 2025, Jobs and Skills Australia 2025 Occupation Shortage List
Mortgage Broker Salary by City
Detailed City Comparison
| City | Average | Take-Home |
|---|---|---|
| 1SydneyNSW | $93,500 | $71,857 |
| 2CanberraACT | $91,800 | $71,636 |
| 3MelbourneVIC | $89,250 | $69,902 |
| 4DarwinNT | $89,250 | $69,902 |
| 5PerthWA | $86,700 | $68,168 |
| 6BrisbaneQLD | $80,750 | $64,122 |
| 7Gold CoastQLD | $78,200 | $62,388 |
| 8AdelaideSA | $76,500 | $61,232 |
| 9WollongongNSW | $74,800 | $60,076 |
| 10NewcastleNSW | $74,800 | $60,076 |
| 11GeelongVIC | $73,950 | $59,498 |
| 12HobartTAS | $72,250 | $58,342 |
Cost of Living Index: Sydney = 100. Lower values indicate lower cost of living.
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Hourly Rate
Based on a standard 38-hour work week (Australian full-time hours):
Frequently Asked Questions
How much does a Mortgage Broker earn in Australia?
The average Mortgage Broker salary in Australia is $81,813 per year, or approximately $41 per hour. Salaries typically range from $42,500 for entry-level positions to $220,000 for senior roles.
What is the take-home pay for a Mortgage Broker?
A Mortgage Broker earning the average salary of $81,813 takes home approximately $64,845 per year after income tax and Medicare levy, or $5,404 per month.
Where do Mortgage Brokers earn the most in Australia?
Sydney offers the highest Mortgage Broker salaries at $93,500 on average, followed by Canberra at $91,800.
Is Mortgage Broker a good career in Australia?
Mortgage Broker is a stable career choice in Australia. The job market is stable, and the average salary of $81,813 is above the national median.
How much do Mortgage Brokers make per hour?
Mortgage Brokers earn approximately $41 per hour on average in Australia, based on a 38-hour work week. Hourly rates range from $22 for entry-level positions to $111 for experienced professionals.
About Mortgage Broker Salaries in Australia
The average Mortgage Broker salary in Australia is $81,813 per year, or approximately $41 per hour. Salaries range from $42,500 for entry-level positions to $220,000 for senior roles with extensive experience.
Sydney offers the highest average Mortgage Broker salary at $93,500, while Hobart has the lowest at $72,250.
After tax, a Mortgage Broker earning the average salary takes home $64,845 per year, or $5,404 per month.
Key Factors Affecting Mortgage Broker Salaries
- Location: Major cities like Sydney and Melbourne typically offer higher salaries but also have higher costs of living.
- Experience Level: Entry-level positions start around $42,500, while senior roles can reach $220,000.
- Industry: Different industries offer varying compensation for Mortgage Broker roles.
- Company Size: Larger companies typically offer higher salaries and more benefits.
Salary data is based on industry reports, job postings, and government statistics. Individual salaries may vary based on experience, qualifications, and employer. Tax calculations are estimates for the 2024-25 financial year.