Finance Accounting Concept Business Woman Working Desk Min

๐—”๐˜ƒ๐—ฒ๐—ฟ๐—ฎ๐—ด๐—ฒ ๐—”๐˜‚๐˜€๐˜๐—ฟ๐—ฎ๐—น๐—ถ๐—ฎ๐—ป ๐—ช๐—ผ๐—ฟ๐˜๐—ต $๐Ÿฑ๐Ÿฑ๐Ÿด๐—ธ

Household wealth has grown for the third consecutive quarter, thanks mainly to the increase in property prices.

At the end of June, the average Australian had $558,105 in net wealth, based on the latest data from the Australian Bureau of Statistics.

Average net wealth is calculated by adding up all our household assets (such as properties), subtracting all our liabilities (such as home loans) and dividing that figure by the number of people in Australia.

Net wealth has doubled since 2009, tripled since 2003 and quadrupled since 2000.

Subiaco finance brokers are here to help

Interest rate rises are here, but you donโ€™t have to fear with the right broker on your side.

The team at Sonam Capital are here to empower you through financial knowledge. Weโ€™ll take the time to get to know you and your unique situation and speak in a language you can understand, with strategies you can implement for the best possible outcomes.

Nick, Wayne and Amanda at Sonam Capital are your Subiaco finance specialists.

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