Australia: household distribution by net worth range

In the 2018 financial year, around 11.9 percent of households in Australia had a net worth between 0 and 50,000 Australian dollars. The next largest groups were households in the 50,000 to less than 100,000 Australian dollars and the 500,000 to 600,000 Australian dollars range.

Distribution of households in Australia in the financial year 2018, by net worth range

Net worth range in Australian dollars	Share of households
Less than $0	1.4%
$0 to less than $50,000	11.9%
$50,000 to less than $100,000	6.5%
$100,000 to less than $150,000	4.7%
$150,000 to less than $200,000	3.8%
$200,000 to less than $250,000	3.6%
$250,000 to less than $300,000	3.1%
$300,000 to less than $350,000	2.7%
$350,000 to less than $400,000	3.2%
$400,000 to less than $450,000	2.9%
$450,000 to less than $500,000	2.8%
$500,000 to less than $600,000	5.9%
$600,000 to less than $700,000	4.8%
$700,000 to less than $800,000	4.4%
$800,000 to less than $900,000	3.8%
$900,000 to less than $1,000,000	3.5%
$1,000,000 to less than $1,100,000	3.5%
$1,100,000 to less than $1,200,000	3%
$1,200,000 to less than $1,400,000	4.5%
$1,400,000 to less than $1,600,000	3.4%
$1,600,000 to less than $1,800,000	2.5%
$1,800,000 to less than $2,000,000	2.1%
$2,000,000 to less than $2,200,000	1.8%
$2,200,000 to less than $2,400,000	1.4%
$2,400,000 to less than $2,600,000	1.1%
$2,600,000 to less than $3,000,000	1.5%
$3,000,000 to less than $4,000,000	2.5%
$4,000,000 to less than $5,000,000	1.3%
$5,000,000 to less than $7,000,000	1.3%
$7,000,000 to $10,000,000	0.5%
More than $10,000,000	0.6%

Loading statistic...

Download

Source

Show detailed source information?

Already a member?

Source

Use Ask Statista Research Service

Release date

July 2019

More information

Region

Australia

Survey time period

financial year 2018

Supplementary notes

Australian dollar prices are adjusted using changes in the Consumer Price Index.

Net worth, which is often referred to as wealth, is the value of a household's assets less the value of its liabilities.

Australia's financial year runs from July 1 to June 30; for example, financial year 2017 starts on July 1, 2016 and ends on June 30, 2017.

Citation formats