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South Africa Real Estate Salaries

Key South Africa Salary Findings

ZAR 606,000

median real estate salary in South Africa (up 12.2% from 2022)

27%

of respondent’s pay increased in the last 12 months – down 20% on last year

14%

is the percentage of salary which companies contribute additionally to benefits such as pension or medical insurance

Julie Teague, Head of Africa - Gauteng

South Africa has been a significant contributor in this year’s survey. With well over 2,000 responses coming from this region, we are confident of being able to supply clients with bespoke reports covering our full range of career paths.

Our South African office was responsible for negotiating R29m in salaries during the course of the year, and have also provided rich and current data to supplement the responses.

Average South African salaries & bonus

by industry / profession and seniority (median)

Search a salary

NET MEDIAN SALARY R 371000
MD / C Suite R 2550000
Director / SVP R 1725000
Associate Director / VP / Head of R 735000
Associate / AVP / Manager R 600000
Qualified / Consultant / Analyst R 372000
Graduate / Assistant / Junior R 180000
BONUS R 27000

NET MEDIAN SALARY R 300000
Qualified / Consultant / Analyst R 300000

NET MEDIAN SALARY R 692400
MD / C Suite R 1308000
Director / SVP R 1350000
Associate Director / VP / Head of R 1050000
Associate / AVP / Manager R 840000
Qualified / Consultant / Analyst R 404500
Graduate / Assistant / Junior R 207000
BONUS R 70000

NET MEDIAN SALARY R 660000
MD / C Suite R 2600000
Director / SVP R 1700000
Associate Director / VP / Head of R 714000
Associate / AVP / Manager R 840000
Qualified / Consultant / Analyst R 600000
Graduate / Assistant / Junior R 265290
BONUS R 120000

NET MEDIAN SALARY R 840000
Director / SVP R 1500000
Associate Director / VP Head of R 840000
Associate / AVP / Manager R 1600000
Qualified / Consultant / Analyst R 378000
Graduate / Assistant / Junior R 192000
BONUS R 66057

NET MEDIAN SALARY R 600000
Director / SVP R 1070000
Associate Director / VP / Head of R 785000
Associate / AVP / Manager R 880000
Qualified / Consultant / Analyst R 420000
Graduate / Assistant / Junior R 240000
BONUS R 350000

NET MEDIAN SALARY R 850000
Associate Director / VP / Head of R 2142000
Associate / AVP / Manager R 1100000
Qualified / Consultant / Analyst R 446000
Graduate / Assistant / Junior R 358800
BONUS R 30000

NET MEDIAN SALARY R 780000
Director / SVP R 1323000
Associate Director / VP / Head of R 968000
Qualified / Consultant / Analyst R 420000
Graduate / Assistant / Junior R 231000
BONUS R 150000

NET MEDIAN SALARY R 384000
MD / C Suite R 720000
Associate Director / VP / Head of R 900000
Associate / AVP / Manager R 372000
Qualified / Consultant / Analyst R 420000
Graduate / Assistant / Junior R 183408
BONUS R 165000

NET MEDIAN SALARY R 450000
Qualified / Consultant / Analyst R 500000
Graduate / Assistant / Junior R 210000
BONUS R 0

NET MEDIAN SALARY R 680000
MD / C Suite R 2000000
Director / SVP R 1400000
Associate Director / VP / Head of R 1035000
Associate / AVP / Manager R 564000
Qualified / Consultant / Analyst R 468660
Graduate / Assistant / Junior R 300000
BONUS R 145000

NET MEDIAN SALARY R 252000
Graduate / Assistant / Junior R 252000
BONUS R 10000

NET MEDIAN SALARY R 175000
Associate Director / VP / Head of R 480000
Associate / AVP / Manager R 207000
Qualified / Consultant / Analyst R 300000
Graduate / Assistant / Junior R 120000
BONUS R 55000

NET MEDIAN SALARY R 1103000
MD / C Suite / Director R 960000
Director / SVP R 2500000
Associate Director / VP / Head of R 1490000
Associate / AVP / Manager R 1056000
Qualified / Consultant / Analyst R 868000
BONUS R 260000

NET MEDIAN SALARY R 855354
MD / C Suite / Director R 3000000
Director / SVP R 1850000
Associate Director / VP / Head of R 950000
Associate / AVP / Manager R 900000
Qualified / Consultant / Analyst R 570000
Graduate / Assistant / Junior R 300000
BONUS R 400000

NET MEDIAN SALARY R 480000
Associate Director / VP / Head of R 600000
Associate / AVP / Manager R 580000
Qualified / Consultant / Analyst R 500000
Graduate / Assistant / Junior R 240000
BONUS R 27500

NET MEDIAN SALARY R 600000
Associate / AVP / Manager R 600000
BONUS R 30000

NET MEDIAN SALARY R 564000
Qualified / Consultant / Analyst R 564000
BONUS R 0

NET MEDIAN SALARY R 265000
Associate / AVP / Manager R 480000
Qualified / Consultant / Analyst R 50000
BONUS R 48000

NET MEDIAN SALARY R 204000
Graduate / Assistant / Junior R 204000

NET MEDIAN SALARY R 1100000
Associate / AVP / Manager R 1100000

NET MEDIAN SALARY R 1200000
MD / C Suite R 1200000
Director / SVP R 1300000
Associate Director / VP / Head of R 1120000
Associate / AVP / Manager R 1700000
Qualified / Consultant / Analyst R 288900
BONUS R 1250

NET MEDIAN SALARY R 1200000
MD / C Suite R 1550000
Director / SVP R 1640000
Associate Director / VP / Head of R 1488000
Associate / AVP / Manager R 1070000
Qualified / Consultant / Analyst R 725000
Graduate / Assistant / Junior R 282000
BONUS R 160000

NET MEDIAN SALARY R 369000
MD / C Suite R 452500
Associate Director / VP / Head of R 624000
Qualified / Consultant / Analyst R 360000
Graduate / Assistant / Junior R 261600
BONUS R 5000

NET MEDIAN SALARY R 1500000
Director / SVP / R 1650000
Associate Director / VP / Head of R 2500000
Qualified / Consultant / Analyst R 950000
Graduate / Assistant / Junior R 336000

NET MEDIAN SALARY R 697500
Director / SVP R 2800000
Associate Director / VP / Head of R 1000000
Associate / AVP / Manager R 922500
Qualified / Consultant / Analyst R 530000
Graduate / Assistant / Junior R 195000
BONUS R 13543

NET MEDIAN SALARY R 438000
Director / SVP R 640000
Associate Director / VP / Head of R 1104000
Associate / AVP / Manager R 480000
Qualified / Consultant / Analyst R 354000
Graduate / Assistant / Junior R 315000
BONUS R 13000

NET MEDIAN SALARY R 420000
MD / C Suite R 1680000
Director / SVP R 1175000
Associate Director / VP / Head of` R 600000
Associate / AVP / Manager R 765000
Qualified / Consultant / Analyst R 343800
Graduate / Assistant / Junior R 180000
BONUS R 59500

NET MEDIAN SALARY R 696000
MD / C Suite R 2564250
Director / SVP R 1480000
Associate Director / VP / Head of R 1200000
Associate / AVP / Manager R 861000
Qualified / Consultant / Analyst R 480000
Graduate / Assistant / Junior R 359850
BONUS R 40000

NET MEDIAN SALARY R 450000
Director / SVP R 1000000
Associate Director / VP / Head of R 450000
Associate / AVP / Manager R 480000
Qualified / Consultant / Analyst R 191000
Graduate / Assistant / Junior R
BONUS R 50000

NET MEDIAN SALARY R 1600000
Director / SVP R 2000000
Associate Director / VP / Head of R 1600000
Qualified / Consultant / Analyst R 1000000

NET MEDIAN SALARY R 576000
Director / SVP R 960000
Associate Director / VP / Head of R 663000
Qualified / Consultant / Analyst R 540000
Graduate / Assistant / Junior R 72000

NET MEDIAN SALARY R 600000
MD / C Suite R 1470000
Director / SVP R 1358500
Associate Director / VP / Head of R 923000
Associate / AVP / Manager R 576000
Qualified / Consultant / Analyst R 456000
Graduate / Assistant / Junior R 300000
BONUS R 41500

NET MEDIAN SALARY R 650000
MD / C Suite R 2100000
Associate Director / VP / Head of R 615000
Qualified / Consultant / Analyst R 505000
BONUS R 1300000

NET MEDIAN SALARY R 799985
MD / C Suite R 3708000
Director / SVP R 1080000
Associate / AVP / Manager R 624000
Qualified / Consultant / Analyst R 799985
Graduate / Assistant / Junior R 300000
BONUS R 126,635

NET MEDIAN SALARY R 805000
Associate / AVP / Manager R 1250000
Qualified / Consultant / Analyst R 360000
BONUS R 0

NET MEDIAN SALARY R 384800
MD / C Suite R 2000000
Director / SVP R 1299600
Associate Director / VP / Head of R 1026000
Associate / AVP / Manager R 762000
Qualified / Consultant / Analyst R 360000
Graduate / Assistant / Junior R 240000
BONUS R 105000

NET MEDIAN SALARY R 480000
MD / C Suite R 1900000
Director / SVP R 1500000
Associate Director / VP / Head of R 720000
Associate / AVP / Manager R 1000000
Qualified / Consultant / Analyst R 396000
Graduate / Assistant / Junior R 360000
BONUS R 58750

NET MEDIAN SALARY R 810000
Associate Director / VP / Head of R 1300000
Graduate / Assistant / Junior R 320000
BONUS R 132500

NET MEDIAN SALARY R 696000
Associate / AVP / Manager R 696000

NET MEDIAN SALARY R 420000
Associate Director / VP / Head of R 680000
Associate / AVP / Manager R 600000
Qualified / Consultant / Analyst R 385000
Graduate / Assistant / Junior R 360000
BONUS R 60000

NET MEDIAN SALARY R 606000
MD / C Suite R 2005000
Director / SVP R 1595000
Associate Director / VP / Head of R 1072500
Associate / AVP / Manager R 501510
Qualified / Consultant / Analyst R 540000
Graduate / Assistant / Junior R 258000
BONUS R 39500

NET MEDIAN SALARY R 500000
MD / C Suite R 1700000
Director / SVP R 650000
Associate / AVP / Manager R 696000
Qualified / Consultant / Analyst R 475000
Graduate / Assistant / Junior R 187500
BONUS R 75000

NET MEDIAN SALARY R 756000
Director / SVP R 1380000
Associate / AVP / Manager R 1007450
Qualified / Consultant / Analyst R 480000
BONUS R 45000

NET MEDIAN SALARY R 252000
Associate / AVP / Manager R 252000
BONUS R 1000

NET MEDIAN SALARY R 594000
Director / SVP R 840000
Associate Director / VP / Head of R 875000
Associate / AVP / Manager R 780000
Qualified / Consultant / Analyst R 385000
BONUS R 0

NET MEDIAN SALARY R 510000
Associate Director / VP / Head of R 510000
Associate / AVP / Manager R 540000
Qualified / Consultant / Analyst R 250000

NET MEDIAN SALARY R 551500
MD / C Suite R 340000
Director / SVP R 735000
Associate Director / VP / Head of R 600000
Associate / AVP / Manager R 600000
Qualified / Consultant / Analyst R 1200000
Graduate / Assistant / Junior R 503000
BONUS R 45000

NET MEDIAN SALARY R 528000
MD / C Suite R 1440000
Director / SVP R 1390000
Associate Director / AVP / Manager R 960000
Associate / AVP / Manager R 600000
Qualified / Consultant / Analyst R 600000
Graduate / Assistant / Junior R 168000
BONUS R 147000

NET MEDIAN SALARY R 500000
Director / SVP R 1520000
Associate Director / VP / Head of R 850000
Associate / AVP / Manager R 1100000
Qualified / Consultant / Analyst R 396000
Graduate / Assistant / Junior R 132000
BONUS R 130000

NET MEDIAN SALARY R 600000
MD / C Suite R 1440000
Director / SVP R 1090000
Associate Director / VP / Head of R 950000
Associate / AVP / Manager R 720720
Qualified / Consultant / Analyst R 487168
Graduate / Assistant / Junior R 264500
BONUS R 31500

NET MEDIAN SALARY R 600000
MD / C Suite R 960000
Director / SVP R 960000
Associate Director / VP / Head of R 990000
Associate / AVP / Manager R 681921
Qualified / Consultant / Analyst R 468000
BONUS R 75000

NET MEDIAN SALARY R 336000
Director / SVP R 600000
Associate / AVP / Manager R 336000
Qualified / Consultant / Analyst R 450000
Graduate / Assistant / Junior R 147360
BONUS R 12000

NET MEDIAN SALARY R 420000
MD / C Suite R 1250000
Director / SVP R 1500000
Associate Director / VP / Head of R 588000
Associate / AVP / Manager R 521820
Qualified / Consultant / Analyst R 360000
Graduate / Assistant / Junior R 162000
BONUS R 40000

NET MEDIAN SALARY R 574000
MD / C Suite R 1500000
Director / SVP R 1065000
Associate Director / VP / Head of R 960000
Associate / AVP / Manager R 720000
Qualified / Consultant / Analyst R 401544
Graduate / Assistant / Junior R 216000
BONUS R 35000

NET MEDIAN SALARY R 360000
MD / C Suite R 1800000
Director / SVP R 1075000
Associate Director / VP / Head of R 1080000
Associate / AVP / Manager R 396000
Qualified / Consultant / Analyst R 1800000
Graduate / Assistant / Junior R 355000
BONUS R 48500

NET MEDIAN SALARY R 324000
Associate Director / VP / Head of R 450000
Qualified / Consultant / Analyst R 312000
Graduate / Assistant / Junior R 252000

NET MEDIAN SALARY R 228000
Associate Director / VP / Head of R 360000
Qualified / Consultant / Analyst R 216000
Graduate / Assistant / Junior R 120000

NET MEDIAN SALES R 420000
MD / C Suite R 840000
Associate Director / VP / Head of R 700000
Qualified / Consultant / Analyst R 420000
Graduate / Assistant / Junior R 250000

NET MEDIAN SALARY R 250000
MD / C Suite R 1200000
Director / SVP R 900000
Associate Director / AVP / Head of R 420000
Qualified / Consultant / Analyst R 245000
Graduate / Assistant / Junior R 126000
BONUS R 30000

NET MEDIAN SALARY R 286500
MD / C Suite R 1800000
Director / SVP R 1450000
Associate Director / VP / Head of R 630000
Associate / AVP / Manager R 420000
Qualified / Consultant / Analyst R 288000
Graduate / Assistant / Junior R 13100
BONUS R

This data is based on the information provided by the survey response.

Hiring managers and businesses can receive in-depth salary and bonus bench-marking data – based on recent placements made and up to the minute market trends – for specific job professions by requesting a bespoke report.

Find out more

Reason for base salary change

Annual pay reviews, along with cost of living / inflation adjustments were the main reasons for receiving a pay rise.

Base salary change amount, by reason

Average annual base salaries and bonus, by employer main activity and asset class

Investor / Funds / REIT companies unsurprisingly award the most salary and bonus levels, with those that work with industrial a logistics out-performing other asset classes.

Average annual base salary and bonus, by seniority

Median base salary and bonus, by demographic

Gender pay gap

Our survey reports males earn 30% more than females.

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