How Much Money Can A Personal Trainer Make In Australia?
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In today’s world, people are increasingly taking their health and fitness more seriously. This creates a need for more health and fitness professionals across the country. People often turn to a personal trainer for advice and guidance when working to improve their physical performance. If this sounds like the right career for you, it's important to understand how much money a personal trainer in Australia can make.
How Much Do Personal Trainers Make?
The amount of money that personal trainers can make each year varies widely depending on experience levels, education, employment status (full-time, part-time, or business owner) and location. On average, a certified personal trainer in Australia earns between $45,000 to $55,000 each year. This range may be a little different depending on your location. For example, personal trainers in NSW tend to make about $10,000 more per year.
If you are employed by a gym, the number of hours that you work may be more or less depending on the needs of the business. Since many personal trainers work part-time, it’s also important to understand the anticipated hourly rate for employment. On average, the hourly rate will be around $29 per hour. As you become more experienced, your hourly rate should increase. Trainers with 10 years of experience can make up to $34 per hour and trainers with twenty years of experience can make up to $68 per hour. People looking to transition to this career can easily take on part-time personal training work until they have enough experience to go full-time.
Another option is to start your own personal training business. There are pros and cons to this approach. Personal trainers who offer their services directly to clients have the potential to make more money than being an employee of a gym. However, this may require more work to operate the business, track finances, and sell your personal training services to clients. Personal trainers can typically charge between $40 to $90 per hour for services. Keep in mind that you will need to deduct business expenses from this amount, so the actual income may be a little lower. The good news is that you can often deduct some equipment, clothing, and supplies to reduce your overall business tax bill.
Future Demand For Personal Training In Australia
In 2022, the personal training market generated over $450 million in revenue. Over the last decade, demand has remained relatively strong. However, the COVID-19 pandemic greatly impacted the demand for these services as people stayed home or changed their fitness routines. These services are recovering and despite the small decline over the last two years, the industry is expected to grow between 6% to 10% by 2025.
Getting The Right Insurance For Your Personal Training Business
If you're looking at starting your own personal training business, you should consider professional indemnity insurance and public liability insurance to help keep your personal training business covered in unforeseen circumstances. You may also need to hold insurance if you are employed by another business or a gym - be sure to check with your employer. Visit upcover's instant quote generator to get a quote on market-leading business insurance for personal trainers in seconds today!