---
title: Average net worth by age in Australia: Are you on track?
url: https://wealthscout.app/updates/average-net-worth-by-age-australia
category: Net worth
updated: 2026-08-23
---

# Average net worth by age in Australia: Are you on track?

Source: https://wealthscout.app/updates/average-net-worth-by-age-australia

Australian household net worth grows steadily with age, peaking at $877,000 between ages 55 and 64. While the ABS median provides a useful official benchmark, the average is heavily skewed by property and Superannuation. Tracking your own specific household figures is the only way to forecast your financial future.

## Takeaways

- The median Australian household wealth is a far more accurate benchmark than the average, which is skewed heavily by the ultra-wealthy.
- A high net worth percentile means very little if your wealth is entirely trapped in Superannuation and a PPOR (Primary Place of Residence).
- Don't let comparison steal your joy; national benchmarks answer the curiosity itch, but they cannot tell you when you can personally afford to retire.

**Scope.** This guide references broad ABS statistical trends. Exact figures change with each reporting cycle. Do not use national averages as financial advice or as a definitive measure of your financial security.

## Move from comparison to forecasting


## Questions

## Sources

- [Survey of Income and Housing (2021-22)](https://www.abs.gov.au/statistics/economy/finance/household-income-and-wealth-australia/latest-release) — Australian Bureau of Statistics