OSCA occupation

223531 Asset Manager (Property)

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.

Major group: 2 Professionals
Unit group: 2235 Property and Valuation Professionals
Edition: OSCA 2024
Skill level: Level 1

Should you use OSCA or ANZSCO?

OSCA 2024 is the current Australian occupation classification for storing, organising and reporting occupation information. Use this OSCA record for current Australian statistical and analytical classification work.

Some migration and administrative programs still specify ANZSCO 2022. Check the exact system named by the agency or form rather than replacing the code automatically.

Check the current ABS guidance on OSCA and ANZSCO use

Official ANZSCO correspondence

ANZSCO 224511 Land Economist Partial correspondence in the ABS table

Role overview

Use this page to confirm the official title, the parent unit group, the task list and the related ANZSIC industry context before using the occupation in classification, reporting or migration-adjacent workflows.

Occupation facts

Skill level: 1
Major group: 2 Professionals
Sub-major group: 22 Business Professionals
Minor group: 223 Information and Organisation Professionals
Unit group: 2235 Property and Valuation Professionals

Tasks

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

Skill level guidance

Skill level helps place the occupation inside the ABS hierarchy. Use it as a classification cue, then check the actual task list and occupational context before making a decision for HR, visa or reporting work.

How to use this occupation page

Start with the official OSCA title and task list. Then confirm the parent unit group and compare the related occupations on this page if the job title is broad, overlapping or used differently across employers.

The ANZSIC links are there to help when the same occupation appears across several industries and you need the business-side classification as well.

Related occupations

223532 Valuer

Industry context

Alternative titles

No alternative titles are currently attached.

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Compare OSCA 223531 with related occupations

Compare roles in the same OSCA unit group by their official definition, skill level, tasks and recognised alternative titles.

Comparison point	Current code223531 Asset Manager (Property)	223532 Valuer
Official role definition	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.	Assesses the value of land, property, commercial equipment, merchandise, personal effects, household goods and objects of art.
Skill level	Skill Level 1	Skill Level 1
Key tasks	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	Inspects and assesses the value of land, property, commercial equipment, merchandise, personal effects, household goods and art Researches and analyses market data, sales trends and property information using valuation methodologies to make accurate valuations Conducts site visits and inspections to gather relevant information for valuation purposes Gives evidence in legal proceedings, mediates on valuation matters, and provides rental determinations for arbitration purposes

Comparison uses occupation definitions, skill levels, tasks and title variants from the ABS OSCA data files.

In this section

223531Asset Manager (Property)
223532Valuer

Official source

Official source: ABS OSCA 2024 release and correspondence tables
Last reviewed: 2026-04-17

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