Wealth data · Financial Portfolio
The answer depends on the measure, population and year. A household average is not an individual's typical balance, and a median answers a different question.
Read the measure first
These figures describe surveyed Australian households in 2019–20. They are averages for age groups of the household reference person, rather than a typical person's balance today.
Source: ABS Household Income and Wealth, Australia, 2019–20, Graph 1. Chart values are in A$ thousands.
ABS · 2019–20 survey
Historical household averages in Australian dollars. Age refers to the household reference person, not every person in the home.
| Age group | Mean household net worth (AUD) | Relative scale |
|---|---|---|
| 15–19 | $129,000 | |
| 20–24 | $82,000 | |
| 25–29 | $242,000 | |
| 30–34 | $441,000 | |
| 35–39 | $555,000 | |
| 40–44 | $841,000 | |
| 45–49 | $1,055,000 | |
| 50–54 | $1,212,000 | |
| 55–59 | $1,453,000 | |
| 60–64 | $1,601,000 | |
| 65–69 | $1,835,000 | |
| 70–74 | $1,509,000 | |
| 75 and over | $1,167,000 |
Source: ABS Household Income and Wealth, Australia, 2019–20, “Gross household income and net worth by age of reference person”, Graph 1 under life-cycle accumulation. Released 28 April 2022. Checked 7 October 2026. Chart values published in $’000 are multiplied by 1,000; no inflation adjustment, interpolation or percentile estimates have been applied. Values retain the source chart’s rounding.
The data describe surveyed households in private dwellings, excluding very remote areas. These figures are not age-specific medians or today’s balances.
The average is total wealth divided by the number of observations; the median is the middle observation. High-wealth households can pull an average upward.
It depends on the published ABS table. The unit must be printed beside every value; never compare an individual figure directly with a household figure without explanation.
The series shown covers July 2019 to June 2020, released by the ABS on 28 April 2022. It is historical data, not a 2026 wealth benchmark. We checked the source on 7 October 2026.
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