Average Net Worth Australia By Age. Australia's household and wealth distribution McCrindle An interesting point here is that the average net worth for the 65-74 age group increases, but the median decreases. Millennials and Gen Z lag with an average net worth of $757,000 and $96,000 respectively.
Australia's household and wealth distribution McCrindle from mccrindle.com.au
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 The median or more typical level of net worth is around $186,500, comprising about $203,000 of assets minus about $17,000 of debts.
Australia's household and wealth distribution McCrindle
Millennials and Gen Z lag with an average net worth of $757,000 and $96,000 respectively. 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. 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
Average Net Worth By Age How Do You Stack Up?. Net worth in Australia by age As you might expect, the numbers suggest wealth is concentrated among older Australians An interesting point here is that the average net worth for the 65-74 age group increases, but the median decreases.
Average net worth by age in Australia Tramah. 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 Millennials and Gen Z lag with an average net worth of $757,000 and $96,000 respectively.