๐๐ผ๐๐๐ฒ๐ต๐ผ๐น๐ฑ๐ ๐ต๐ฎ๐๐ฒ ๐๐ป๐ท๐ผ๐๐ฒ๐ฑ ๐ฆ๐๐ฟ๐ผ๐ป๐ด ๐๐ผ๐ป๐ด-๐๐ฒ๐ฟ๐บ ๐ช๐ฒ๐ฎ๐น๐๐ต ๐๐ฎ๐ถ๐ป๐
The average Australian had $560,184 in net wealth at the end of March, based on the latest data from the Australian Bureau of Statistics.
As the graph shows, the average Australian has enjoyed an enormous increase in net wealth since 1998, when it was $115,806 per person.
Thatโs a 384% increase in the past 25 years.
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.
Subiaco finance brokers are here to help
Interest rate rises are here, but you donโt have to fear with the right broker on your side.
The team at Sonam Capital are here to empower you through financial knowledge. Weโll 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.
