An ongoing jobs surge within the property sector is showing little sign of slowing as development activity remains hot in both high and low density residential sector, according to the latest report.
In its latest quarterly report, recruitment outfit Hays says demand for workers within the property sector remained strong amid a buoyant residential market and generally positive activity within major commercial markets.
“It seems that the green shoots are here to stay,” Hays says in its report.
“Employers are therefore willing to invest in the headcount required for growth.”
According to Hays, employers are increasingly omitting criteria relating to niche skills and focusing instead upon candidates with well-rounded project experience along with ‘soft’ skills and good cultural fit.
Contract roles are being created within the government sector whilst demand for development managers within the private sector is being driven by movement on the part of a number of traditionally residential built-form developers toward land development projects, Hays says.
Around Australia, confidence within the property sector is extremely high especially in New South Wales, the Australian Capital Territory and Victoria amid massive demand for houses and apartments.
As shown in the latest ANZ-Property Council of Australia Property Industry Confidence Survey, expectations are high across all states except for Western Australia in terms of forward work schedules, employment and capital growth.
According to the report, job seekers are researching the market more actively than they once did and were asking more questions about both their perspective employer and their interview techniques in order to stand out.
In South Australia, some candidates are returning to Adelaide in order to raise children with the help of their own parents so that they can continue to look for work, Hays said. Flexibility along with cultural fit are important to these employers.
According to Hays, the following roles are in demand:
- Development Managers in New South Wales and Victoria (there are more projects than available candidates) especially with strong local networks to cater for continued Chinese investment in high-rise apartments.
- Business Development Managers for soft services to work for companies in southern states looking to develop their footprint in Queensland.
- Business Development Managers in other states, along with Residential Property Managers, to grow the rental side of businesses (high turnover in these roles persists).
- Residential Property Managers in South Australia. Employers want candidates who are already licensed as the requirement to have qualified property managers is due to start from mid-2017. Permanent staff are preferred as a portfolio can normally be managed by an administrator for a short period of time.
- Client-Side Project Managers in New South Wales and Queensland to cater for increased government spending and growth in the university market.
- Project Managers in Victoria to cater for the number of new apartments on the rental market and the increasing number of projects still getting through planning.
- High demand remains for Commercial Leasing Executives due to a lack of candidate movement.
- Valuers in South Australia where the state government has changed the way property is valued and in Victoria in response to lower interest rates and the residential property boom.