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Salary data · Healthcare

Psychiatrist salary in Victoria

Median base salary
$300,000
per year before tax
Market data · 20 salary reports
Updated 23 July 2026
$130,000 · 10th percentile$300,000 median$375,000 · 90th percentile

Nationally, the median is $309,165 — Victoria sits $9,165 below the national figure. See the national picture →

What you’d actually keep
$193,130per year after tax

Take-home on the median Psychiatrist salary of $300,000 — after $100,870 income tax and $6,000 Medicare levy (2026–27 resident, no HECS, private hospital cover).

Weekly
$3,714
Fortnightly
$7,428
Monthly
$16,094
Run your own numbers — HECS, super, deductions →

What companies pay

Reported total pay for Psychiatrist roles by employer — medians include bonuses and other cash compensation, so they sit above base-salary figures.

Total pay (base + bonus) for Psychiatrist roles, per employer — market estimates, annualised
CompanyMedian total payTypical range
Wavelength International★ 4.5$551,834$527,384 – $576,285
Santè Recruitment$375,000$157,414 – $375,000
CC Medical★ 2.8$372,423$325,000 – $497,700
St John of God Health Care★ 3.7$366,588$352,458 – $380,717
Latrobe Regional Hospital★ 2.5$360,620$328,016 – $393,224
St Vincent's Health Australia★ 3.7$310,468$296,200 – $324,736
VicHealth★ 2.7$300,837$290,178 – $311,496
Scope-Medical Recruitment$282,772$269,968 – $295,576
Global Medics★ 2.9$265,693$253,382 – $278,003
Barwon Health★ 3.1$250,592$241,475 – $259,708
JPS Medical Recruitment★ 2.3$249,900$186,299 – $350,000
Austin Health★ 3.7$249,184$239,730 – $258,638
Melbourne Health★ 3.8$230,000$200,000 – $250,008
Goulburn Valley Health★ 2.9$138,255$132,419 – $144,090
State Government of Victoria★ 3.5$137,556$132,073 – $143,038
Orygen Youth Health★ 3.2$130,685$125,202 – $136,169
UExcel★ 4.5$129,791$124,895 – $134,688
Forensicare★ 2.5$120,598$116,189 – $125,006
Monash Health★ 3.7$106,490$101,580 – $111,399
DaVita★ 3.2$89,969$86,486 – $93,452

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Salary figures are market estimates built from third-party data and community submissions — they show what the market pays, not what any individual employer will offer. Take-home figures are 2026–27 estimates for an Australian resident with private hospital cover and no HECS debt. General information only — not financial or tax advice.