Average Net Worth Australia By Age. The Median Net Worth For The Middle Class, Mass Affluent And Top 1 So Australian households have a mean net worth (i.e., assets minus debts) of $348,441, which comprises $410,859 of assets minus $62,418 of debts Those aged between 50 and 59 have the highest amount stashed away with the total value of their savings and investments sitting at $14,225.
comparison How rich are you compared to other Australians? from www.afr.com
Aussies are putting away between $288 and $344 on average depending on their age bracket with those between 30 and 39 saving the most each month In 2019-20, compared to 2017-18, average equivalised disposable household income and average net worth for Australian households, saw no statistically different changes.
comparison How rich are you compared to other Australians?
According to the Australian Institute of Health and Welfare, households with at least one member over 65 had an average net worth 1.5 times greater than younger households in 2017/2018. The median (average) net worth at 30 years of age is $31,025 The median value, $31,025, is approximately half the average salary in Australia.
How Much Money You Need To Save In Australia At Each Age WalletLab. Average full-time annual earnings Median Australian house price By State NSW $ 1,187,100 VIC $ 1,199,400 QLD $ 790,300 SA $ 917,800 WA $ 868,100 TAS An interesting point here is that the average net worth for the 65-74 age group increases, but the median decreases.
Average Net Worth Targets by Age The Best Interest Percentiles & Avg.. Analysis uses data from the Australian Bureau of Statistics 2023-24 Household Balance Sheet (Table 41) and refers to the average value of assets owned by a household Aussies are putting away between $288 and $344 on average depending on their age bracket with those between 30 and 39 saving the most each month