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Hardware Engineer Salary and Equity in Melbourne 2026
How much does a Hardware Engineer expect to make at Melbourne-based startups? The average expected salary for Hardware Engineers in Melbourne-based startups is 154k per year, with a range from 126k to 197k. These amounts were gathered from Wellfound self-reported data and represent the median salary range. The salary range for Hardware Engineers in Melbourne startups varies depending on factors such as industry, experience, skills, and startup stage.
154.3k
Average Salary
7 years
Average years of experience
Salary
The average salary for a Hardware Engineer in Melbourne is $154,250, which is 38.9% higher than the average Melbourne startup salary of$111,083. Hardware Engineer salaries in Melbourne are based on exclusive Wellfound data. All data is updated on a weekly basis. Factors that may influence salary include: years of experience, title, size of company, skill-set, and industry.
Top of market
$193,750/yr
Range $191k - $197k
Average
$154,250/yr
Range $153k - $156k
Below Average
$125,500/yr
Range $126k - $126k
Industries
The highest average salary a Hardware Engineer in Melbourne can get in Security, that is $153,000. This pay is 0.0% lower than the average Hardware Engineer salary in Melbourne, which is $153,000. The highest-paying industries in 2023 are: Security (avg $153,000 per year), Software (avg $153,000 per year), Technology (avg $153,000 per year).
Years of experience
Below Average
Average
Top of Market
The highest average salary a Hardware Engineer in Melbourne can get with 4-6 years of experience, that is $141,000. This pay is 26.9% higher than the average salary in Melbourne startups, which is $111,083. The salary range varies with years of experience and depends on other factors such as skill set, size of company, and industry.
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