How wealthy is Australia?

Average net worth for all Australian households in 2019–20 was $1.04 million. Total average liabilities for households saw a statistically significant increase from $189,500 in 2017–18 to $203,800 in 2019–20.

Key statistics.

	Mean household net worth ($’000)	Median household net worth ($’000)
2019–20	1,042	579

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