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PayLens
Australia

Engineer - materials salary in Australia

Median annual pay
$112,795

Engineer - materials in Australia earn a median of $112,795 a year, about $57.08 an hour.

Median
$112,795
per year
Hourly
$57.08
at 38 hrs/week
Mean
$120,296
pulled up by top earners
Workers
2,070
in this occupation

What that is worth in US dollars

Converted at today's rate
$78,281
2026-07-29 ECB reference rate
vs
Adjusted for local prices
$77,015
World Bank PPP, 2025

The first number is what the salary converts to if you moved the money. The second is what it actually buys in Australia. When those two disagree, the second one is the one that tells you how well someone lives on this wage.

How Australia measured this

Individual tax returns — includes part-year and part-time filers

Source: Australian Taxation Office, Taxation Statistics 2023-24, Table 15 · CC BY 4.0

What this salary borrows

On the rough serviceability multiple lenders use, someone earning $112,795 could borrow around $620,373 on their own, or about $1,240,745 on two incomes like it. That is a starting point, not an approval — your deposit, debts and the rate at the time move it a long way.

Check that against how suburb medians are modelled →

Borrowing capacity shown at 5.5× income, before deposit. Not lending advice.

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Published by

Amit Sharma

Auckland real-estate agent and marketer. Builds free, sourced data tools.