Data Analyst Salary in Australia in 2024 - Are You Missing Out on a High-Paying Career?
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Table of Contents
- Scope of Data Analyst in Australia
- Which are the Highest Paying Cities for Data Analysts in Australia?
- Average Salary in Australia for Experienced Data Analyst Specialists
- In-Demand Skills for Data Analyst Jobs in Australia
- Data Analyst Job Roles in Australia & Their Average Annual Salary
- Top Companies Hiring Data Analyst Specialists and Their Average Annual Salary
- What are the Minimum Requirements to Work in Australia as a Data Analyst?
- Data Analyst Salaries in Australia: Your Guide to Financial Prosperity
Australian technology jobs are on the rise, with over 1.2 million projected to work in the sector by 2027, says the Australian Computer Society (ACS). As this boom continues, many are considering data analyst roles. In 2024, data analyst salaries in Australia remain competitive and are influenced by factors such as experience, location, and industry. Let's explore what you can anticipate in this dynamic field.
Scope of Data Analyst in Australia
There are significant Benefits of being a data analyst in Australia, including the fact that this sector has witnessed remarkable growth of nearly 400% over the past three years. It's an area in which many companies are actively investing. Let’s take a look at other advantages
- Seek's analysis anticipates a robust 27.7% growth in job opportunities for Data Analysts in Australia over the next five years, positioning it as one of the country's most promising job markets.
- Amazon is actively recruiting data analysts globally, with job openings available in various countries, including the U.S., Bangladesh, the U.K., Australia, Egypt, and Japan.
- Entry-level financial analysts typically earn around $64,000 per year. In many instances, professionals have opportunities for salary increases, often in the form of bonuses.
- Data serves as the key factor responsible for generating 80% of the revenue for a streaming company like Netflix and Amazon
- Data analysts starting their careers in the entertainment industry typically earn an average of $101,000 per year.
Which are the Highest Paying Cities for Data Analysts in Australia?
In the table and graph provided below, we have outlined the cities in Australia where data analysts receive the Highest, Lowest, and Average data analyst Salaries in Australia. This comprehensive overview will help you understand the earnings potential for data analysts in various Australian cities.
|
Cities |
Highest |
Lowest |
Average |
|---|---|---|---|
|
Perth |
$130,000 |
$98,825 |
$163,825 |
|
Gold Coast |
$119,644 |
$95,000 |
$154,822 |
|
Newcastle |
$110,000 |
$97,500 |
$152,500 |
|
Melbourne |
$115,000 |
$93,495 |
$150,995 |
|
Brisbane |
$107,398 |
$95,569 |
$149,268 |
|
Sydney |
$105,000 |
$95,000 |
$147,500 |
|
Adelaide |
$100,000 |
$91,365 |
$141,365 |
|
Canberra |
$90,431 |
$78,092 |
$123,308 |
|
Hobart |
$94,245 |
$68,210 |
$115,333 |
Average Salary in Australia for Experienced Data Analyst Specialists
If you are still pondering over the question How much does a data analyst make in Australia?
Then you must explore this average salary in Australia for experienced data analyst specialists in the field. Gain insights into the salary ranges for data analysts in Australia and make informed career decisions.
|
Level |
Years of Experience |
Salary Range (AUD per year) |
|---|---|---|
|
Entry-level Data Analyst Specialist |
Less than 1 year |
$68,000 - $95, 569 |
|
Mid-level Data Analyst Specialist |
1 to 4 years |
$115,000 - $149,000 |
|
Sr-level Data Analyst Specialist |
5 to 9 years |
$154,000 - $168,000 |
Also Read: Top 10 Colleges for Master of Data Science in Australia
In-Demand Skills for Data Analyst Jobs in Australia
Discover the highly sought-after skills for data analyst positions in Australia, which are crucial for career success in this field. The table below covers these in-demand skills in detail, offering valuable insights for those aspiring to excel in the data analyst profession. Stay competitive and informed with the skills that matter most in the Australian job market.
|
Skill Category |
In-Demand Skills for Data Analyst Jobs in Australia |
|---|---|
|
Data Analysis |
Data cleaning, data visualization, data interpretation, statistical analysis, hypothesis testing |
|
Data Tools |
Microsoft Excel, SQL, Python, R, Tableau, Power BI, data visualization libraries (e.g., Matplotlib, Seaborn) |
|
Database Management |
Relational database systems (e.g., MySQL, PostgreSQL), NoSQL databases (e.g., MongoDB), data warehousing |
|
Machine Learning |
Machine learning algorithms, model development, supervised and unsupervised learning, sci-kit-learn |
|
Data Mining |
Data extraction, transformation, and loading (ETL), web scraping, data preprocessing |
|
Big Data Technologies |
Hadoop, Spark, Hive, HBase, Apache Kafka, big data processing, distributed computing |
|
Business Intelligence |
Report generation, dashboard creation, KPI tracking, data-driven decision-making |
For In-depth Insight, Explore this blog on How to Immigrate to Australia From India Without Job Offer
Data Analyst Job Roles in Australia & Their Average Annual Salary
Gain insight into various data analyst positions in Australia, including their corresponding average yearly salaries. This overview provides an understanding of the roles available in the industry and their earnings. Further, this can help professionals and job seekers make informed decisions when pursuing a career in the dynamic field of data analysis.
Job Role | Primary Responsibilities | Average Salary in AUD | Average Salary in INR |
|---|---|---|---|
Data Analyst | Collect, clean, and analyze data to identify trends and insights. Create reports and data visualizations | $152,500 | ₹80,00,246 |
Risk Analyst | Assess and mitigate financial, operational, and strategic risks. Analyze data to identify potential risk factors and trends. | $116,312 | ₹61,01,800 |
Business Intelligence Analyst | Develop and maintain BI tools and dashboards Generate reports for strategic decision-making | $111,358 | ₹58,41,910 |
Financial Analyst | Analyze financial data to support budgeting and forecasting Evaluate investment opportunities Provide insights into financial performance | $109,343 | ₹57,36,202 |
Healthcare Data Analyst | Analyze healthcare data to improve patient care and outcomes Identify patterns and trends in medical data | $107,398 | ₹56,34,166 |
Social Media Analyst | Analyze social media metrics and trends. Track engagement, audience behavior, and campaign success. | $95,000 | ₹49,83,759 |
Marketing Analyst | Analyze marketing campaigns and customer behavior Measure ROI on marketing initiatives. | $90,717 | ₹47,59,070 |
E-commerce Analyst | Analyze online sales data and customer behavior. Optimize website and sales funnel performance. | $84,770 | ₹44,47,087 |
Top Companies Hiring Data Analyst Specialists and Their Average Annual Salary
Below are the top companies actively hiring data analyst specialists in Australia, along with the average annual salaries offered. The table and graph below provide a comprehensive look at the leading employers in the field, helping job seekers gauge their potential earnings and career opportunities in this thriving industry.
|
Companies |
Average Salary in AUD |
Average Salary in INR |
|---|---|---|
|
Unisys |
$71,857 |
₹37,69,663 |
|
VMware |
$107,572 |
₹56,43,294 |
|
SAP |
$116,425 |
₹61,07,728 |
|
Veritas |
$70,617 |
₹37,04,612 |
|
Gartner |
$73,378 |
₹38,49,456 |
|
CommVault |
$78,432 |
₹41,14,592 |
|
Veeam |
$103,427 |
₹54,25,845 |
What are the Minimum Requirements to Work in Australia as a Data Analyst?
- Education: Complete a bachelor's degree in a relevant field, including computer science, information technology, mathematics, statistics, or business analytics.
- Industry Experience: Gain practical experience by interning at a company while pursuing your studies. This allows you to work with real data, acquire programming skills, and create a portfolio for future job applications.
- Skill Enhancement: Consider improving your skills and employability through further education, such as pursuing a postgraduate degree like a Graduate Certificate in Data Analytics, a Master of Business Data Analytics, or by taking relevant short courses
Data Analyst Salaries in Australia: Your Guide to Financial Prosperity
In conclusion, data analyst salaries in Australia offer competitive compensation, making it an attractive career choice. The earning potential, as well as the high demand for data analysts, makes pursuing a career in this field a promising opportunity. If you are considering a move to Australia for work or permanent residency, then GetGIS Immigration Consultant can be your one-stop solution, as we provide invaluable assistance in navigating the immigration process and achieving your career aspirations in this thriving nation. Schedule a Free Consultation
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Frequently Asked Questions
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