Adults June 2019 (18 years and over) totals to 18.655 million Households June 2019: totals to 10 million (approx.) Families: 71½% Single Person: 24½% Group Households (made up of unrelated individuals): 4% Households
|Top 20%||2 Million: Average Net wealth $3.24 million||$AU 6.48 trillion|
|60%-80%||2 Million: Average Net Wealth $1.04 million||$AU 2.08 trillion|
|40%-60%||2 Million: Average Net Wealth $565,000||$AU 1.30 trillion|
|20%-40%||2 Million: Average Net Wealth $230,000||$AU 0.46 trillion|
|Low 20%||2 Million: Average Net Wealth $35,000||$AU 0.07 trillion|
|Total||10 million||$AU 10.39 trillion|
A major source of this wealth ($AU 3 trillion) is in superannuation (pension) funds, with the other major source ($AU 4 trillion) in home ownership at current market values, less any mortgage outstanding. The $AU 3 trillion balance is mostly the current market value less debt in Australia and overseas of household investments in stocks and shares, in bonds, in bank deposits, and cash on hand.
In 2018, 30% of households owned their home outright, 37% of households were in the process of buying their home, and 32% of households were currently renting.
Household Breakdown 2019
Totals 10 million households or 18.65 million adults.
* Some Notes on Adults still living at home Majority 18yrs and 19yrs perhaps 500,000 43% of 20-24yrs*1.567m = 700,000 17% of 25-29yrs*1.665m = 250,000 7% of 30-34yrs*1.704m = 100,000
** Examples of "Other Families" situations are
The Australian statistics above exclude short-term overseas visitors who are visiting Australia for less than 12 months, just as it makes allowances for Australian residents outside the country short-term i.e. for less than 12 months.
The statistics do include foreign citizens, resident greater than 12 months, but not yet qualified for permanent residency (and Australian citizenship). Perhaps 10% of the adult total. Since 2007 this is about a 3½-4 year requirement.
List of countries by wealth per adult
Infogram Household net worth 2003-04 to 2017-18 Australian Bureau of Statistics
ABS Excel Spreadsheet Data Cubes 7.2 Net Worth Quintiles
ABS Managed Funds
ABS Housing Occupancy media release
ABS Excel Spreadsheet Data Cubes 2.4 Household Assets and Liabilities
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