Home > Salary > Australia > Product Development Manager Industrial
A Product Development Manager in the industrial sector is responsible for overseeing and managing the development of new products within a company. They work closely with various teams including research and development, engineering, marketing, and manufacturing to ensure that products are developed and launched successfully. The main duties include conducting market research, identifying customer needs and preferences, creating product specifications, coordinating product design and testing, monitoring project timelines and budgets, and collaborating with cross-functional teams to bring products to market. Additionally, they may also be involved in product improvement initiatives, analyzing competitor products, and staying updated on industry trends and technologies.
Estimated Yearly Salary: 240,607 AUD
Estimated Monthly Salary: 20,051 AUD
Estimated Weekly Salary: 4,627 AUD per week
Estimated Hourly Salary: 116 AUD per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 19,431 AUD
Estimated Weekly Salary: 4,484 AUD per week
Estimated Hourly Salary: 112 AUD per hour
Last revision of data: 2024-01-07
Estimated Yearly Salary: 121,125 USD
Estimated Monthly Salary: 10,094 USD
Estimated Weekly Salary: 2,329 USD per week
Estimated Hourly Salary: 58 USD per hour
Difference in salary year over year or average salary increase is approximately
3 %
Data confidence is - relatively high
Data fetched from dabase: 14 submissions.
Results are anonymized. Amounts indicated are pre-tax, meaning no deductionts yet have been made to the basic salary. Salaries where there are less than 3 entries are not displayed.
Want to check how your salary compares? Submit your own salary here
Estimated Yearly Salary: 240,607 AUD
Estimated Monthly Salary: 20,051 AUD
Estimated Weekly Salary: 4,627 AUD per week
Estimated Hourly Salary: 116 AUD per hour
By working as Product Development Manager Industrial a person can save up to 7,677 USD per month or 92,119 USD yearly. Values are pre-tax.
NOTE: These values are estimates and are averaged for the whole country. Furthermore the value is likely exaggerated as no other expenses are taken into account in the projection. Unessential expenses are very subjective and are difficult to assess. Most likely the previously estimated number is significantly lower for majority of people. Expenses in different cities across the country may vary. Above values accuracy is low and is based on limited set of data obtained.
For more information regarding expenses in Australia, see costs of living in Australia.
Estimated Yearly Salary for Product Development Manager Industrial
Last revision of data: 2025-01-04
Data as of 2025
Random salary:
Sales operations associate (129,102 AUD per year, pre-tax.)
E-commerce marketing coordinator (110,754 AUD per year, pre-tax.)
Route driver (90,225 AUD per year, pre-tax.)
Psychiatric technician (86,946 AUD per year, pre-tax.)
Correspondent (127,953 AUD per year, pre-tax.)
Product Development Manager Industrial salary in Australia
Average Yearly Salary of Product Development Manager Industrial in Australia is approximately 240,607 AUD (121,125 USD). Data is for 2025 and indicates a pre-tax value. The salary itself depends on multiple factors such as seniority, job performance, certifications, experience or any other bonuses. The value indicated is an average amount based on records we have in database. Real values may vary. The data is for orientational purposes.
What does Product Development Manager Industrial do?
A Product Development Manager in the industrial sector is responsible for overseeing and managing the development of new products within a company. They work closely with various teams including research and development, engineering, marketing, and manufacturing to ensure that products are developed and launched successfully. The main duties include conducting market research, identifying customer needs and preferences, creating product specifications, coordinating product design and testing, monitoring project timelines and budgets, and collaborating with cross-functional teams to bring products to market. Additionally, they may also be involved in product improvement initiatives, analyzing competitor products, and staying updated on industry trends and technologies.
Skills: Product Development Manager, Industrial Sector, Research and Development, Engineering, Marketing, Manufacturing
Job industry: Manufacturing
Job industry: Manufacturing
How much does Product Development Manager Industrial make?
Salary details
How much does Product Development Manager Industrial make?Estimated Yearly Salary: 240,607 AUD
Estimated Monthly Salary: 20,051 AUD
Estimated Weekly Salary: 4,627 AUD per week
Estimated Hourly Salary: 116 AUD per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 233,176 AUDEstimated Monthly Salary: 19,431 AUD
Estimated Weekly Salary: 4,484 AUD per week
Estimated Hourly Salary: 112 AUD per hour
Last revision of data: 2024-01-07Product Development Manager Industrial estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 121,125 USD
Estimated Monthly Salary: 10,094 USD
Estimated Weekly Salary: 2,329 USD per week
Estimated Hourly Salary: 58 USD per hour
Difference in salary year over year or average salary increase is approximately
3 %About these results
Data confidence is - relatively high Data fetched from dabase: 14 submissions.
Results are anonymized. Amounts indicated are pre-tax, meaning no deductionts yet have been made to the basic salary. Salaries where there are less than 3 entries are not displayed.
Want to check how your salary compares? Submit your own salary here
Compare salary to other countries
Please type in your occupation and select desired country to see latest trends in salaries.
Country:
Salary comparison to National average
Australia is a vast country located in the southern hemisphere. It has a diverse population of approximately 25 million people. The country spans an area of about 7.7 million square kilometers, making it the sixth-largest country in the world. Australia is surrounded by the Indian and Pacific Oceans and is known for its stunning landscapes, including the Great Barrier Reef, Uluru, and the Outback.
Estimated national average yearly salary is 84,179 AUD (60,430 USD). Value indicated is pre-tax. Below graph shows estimated Product Development Manager Industrial job salary compared to average salary in Australia.
Comparison shows that a person working as Product Development Manager Industrial in Australia earns on average:
2.86 times the average salary (or 286% of average salary).
Estimated national average yearly salary is 84,179 AUD (60,430 USD). Value indicated is pre-tax. Below graph shows estimated Product Development Manager Industrial job salary compared to average salary in Australia.
Comparison shows that a person working as Product Development Manager Industrial in Australia earns on average:
2.86 times the average salary (or 286% of average salary).
Is Product Development Manager Industrial a well paid job?
Yes, our data show that Product Development Manager Industrial is a very well paid job. With years and experience the salary might increase even further, resulting in higher satisfaction.What is considered a high salary for Product Development Manager Industrial?
High salary for Product Development Manager Industrial would be somewhere between 264,668 AUD and 348,880 AUD. However this is an estimation based on Gaussian Distribution.How much can you save working as Product Development Manager Industrial in Australia?
Living in Australia the approximate monthly expenses are: 2,417 USD. This amount covers basic needs such as food, housing, clothing, healthcare and education costs for a single person. No luxury expenses such as traveling, leisure, hobbies are included in the estimation.Estimated Yearly Salary: 240,607 AUD
Estimated Monthly Salary: 20,051 AUD
Estimated Weekly Salary: 4,627 AUD per week
Estimated Hourly Salary: 116 AUD per hour
By working as Product Development Manager Industrial a person can save up to 7,677 USD per month or 92,119 USD yearly. Values are pre-tax.
NOTE: These values are estimates and are averaged for the whole country. Furthermore the value is likely exaggerated as no other expenses are taken into account in the projection. Unessential expenses are very subjective and are difficult to assess. Most likely the previously estimated number is significantly lower for majority of people. Expenses in different cities across the country may vary. Above values accuracy is low and is based on limited set of data obtained.
For more information regarding expenses in Australia, see costs of living in Australia.
Salary comparison to region and neighbouring coutries
Country's neighbours are: Indonesia, Papua New Guinea, East Timor. To make it easier for comparison a conversion from local currency to USD has been made (conversion rates may vary).Estimated Yearly Salary for Product Development Manager Industrial
Indonesia is 21,170 USD
East Timor is 89,822 USD Last revision of data: 2025-01-04Salary increase per years of experience
Based on data available the salary increase per years of experience is as following- 0 years (beginner) equals base salary
- 1 to 5 years of experience yields
+12% salary increase- 6 to 10 years of experience yields
+25% salary increase- 11 to 15 years of experience yields
+16% salary increase- 16 to 25 years of experience yields
+9% salary increase- more than 25 years of experience yields
+10% salary increaseTop 10 highest salaries in Australia
(1,263,730 AUD per year, pre-tax.)
2. Cardiologist
(1,046,644 AUD per year, pre-tax.)
(1,011,540 AUD per year, pre-tax.)
4. Neurosurgeon
(985,848 AUD per year, pre-tax.)
(982,803 AUD per year, pre-tax.)
(961,472 AUD per year, pre-tax.)
(960,386 AUD per year, pre-tax.)
8. Oncologist
(959,337 AUD per year, pre-tax.)
9. Urologist
(958,953 AUD per year, pre-tax.)
10. Plastic surgeon
(958,802 AUD per year, pre-tax.)
Data as of 2025Random salary:
Sales operations associate (129,102 AUD per year, pre-tax.)
E-commerce marketing coordinator (110,754 AUD per year, pre-tax.)
Route driver (90,225 AUD per year, pre-tax.)
Psychiatric technician (86,946 AUD per year, pre-tax.)
Correspondent (127,953 AUD per year, pre-tax.)
Feedback about these results
Please provide feedback by clicking buttons below if you find any of our salaries erroneous.
Link to this graph - use the following code to display the salary graph on your page:
<a href='https://optisalary.com/salary?country=australia&job=product-development-manager-industrial'><img src='https://optisalary.com/wp-content/graphs/salary/product-development-manager-industrial-salary-in-australia-2025.jpg' alt='product development manager industrial salary in australia 2025' title='product development manager industrial salary in australia 2025' /></a>
Please note:The salary figures on this website are meant for informational use only.
optisalary.com compiles salary information for reference use exclusively. While we endeavor to deliver accurate figures, we do not warrant their full precision. Users are strongly encouraged to consult additional databases before finalizing career-related plans. Salary amounts fluctuate based on multiple conditions, such as location, job role, and individual qualifications. We do not offer any guarantees as to the validity of the listed information. Your use of this site indicates acceptance of this notice.
This website offers salary estimates for educational purposes only. While we gather data from multiple providers, we cannot ensure full reliability. Users are advised to consult trusted platforms before making major financial moves. Salaries fluctuate due to numerous elements, such as market demand, employer policies, and geographic location. We make no warranty regarding the validity of the displayed salary figures. Your continued access of this site indicates your acceptance of these conditions.