On this page (6 sections)
The short answer
Victorian government school principals are paid $156,335 (Range 2, 2-1) to $238,676 (Range 6, 6-4) under the VGSA 2022. Once VGSA 2026 is approved, the range rises to $176,725 to $269,805 from 1 October 2026 and $200,512 to $306,121 by November 2029. A new Principal Level 2 for very large schools starts in April 2027.
Principal pay in Victoria is set by range, which reflects the size and complexity of the school. VGSA 2026 lifts every range by about 13% in 2026 and adds a new top classification for the largest schools.
Principal pay in Victoria
Principals are paid $156,335 to $238,676 under VGSA 2022. Proposed VGSA 2026 rates are $176,725 to $269,805 from 1 Oct 2026, and a new Principal Level 2 (Range 7) for very large schools starts on 1 Apr 2027. Effective 1 July 2025.
Principal ranges now and under VGSA 2026
Proposed VGSA 2026 Schedule 1. The 10 Aug 2026 Level 1 range is $161,025 to $245,836. Principal Level 2 applies to schools with a 2027 budget of at least $27,895,792.
Principal take-home pay
Principal at 2-1, proposed 1 Oct 2026 rate
- Salary
- $176,725
- Income tax (after LITO)
- $46,458
- Medicare levy
- $3,535
Today's $156,335 takes home $114,294 ($4,396 a fortnight). 2026-27 tax rules.
Principal at 6-4, proposed 1 Oct 2026 rate
- Salary
- $269,805
- Income tax (after LITO)
- $87,282
- Medicare levy
- $5,396
Today's $238,676 takes home $160,628 ($6,178 a fortnight). Income above $190,000 is taxed at 45%.
Super for principals
Principals who are members of a defined-benefit scheme get total remuneration of salary x 112/100 under the agreement. Others receive the 12% Super Guarantee. At these salaries, check the $32,500 concessional cap and the Division 293 threshold of $250,000 before salary sacrificing. More on teacher super in Victoria.
What else changes for principals
- Principal Level 2 (Range 7) from 1 April 2027 for very large schools.
- 2% top-of-range allowance each May from 2027 for principals at 6-4 after 12 months at the step.
- $2,000 lump sum and back pay to 10 August 2026 when the agreement starts.
Read how to become a principal and see the step before it on assistant principal salary in Victoria.
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Career earnings calculator
Model a Victorian career from graduate to principal on the VGSA 2026 rates.
Open the calculatorFrequently asked questions
How much does a principal earn in Victoria?
What is Principal Level 2 in Victoria?
What will Victorian principals earn by 2029?
How is a principal's range decided?
Do principals get the VGSA 2026 back pay and lump sum?
Sources we checked · last verified 16 October 2026
- 1.Proposed Victorian Government Schools Agreement 2026 (PDF, Department of Education)
- 2.Proposed VGSA 2026: Agreement Explanation (PDF)
- 3.Proposed VGSA 2026: Approval Process and FAQs (PDF)
- 4.Victorian Government Schools Agreement 2022 (PDF)
- 5.Enterprise Bargaining: Overview (Department PAL)
- 6.Casual Relief Teacher Employment Handbook
- 7.Relocation incentives: Targeted Financial Incentives and Regional Relocation Incentive
- 8.Workforce support and initiatives: Attraction (Department PAL)
About this page
Written and fact-checked by the TeacherPay AU editorial team against the enterprise agreements, awards and official pages listed in the sources. It is general information, not personal financial, tax or legal advice. Spotted something out of date? Tell us and we'll fix it, usually within a day. See our editorial policy and how we calculate.