Quality of life · Income & wealth
As at 12 October 2026 · official data unless labelled
Median household net wealth
What the numbers are telling us
Median household net wealth was A$571,218 (US$369,820 at purchasing power parity) in 2020, up 0.26% on the previous reading (US$368,870, at purchasing power parity).
In Australian dollars at the World Bank's household-consumption purchasing power parity for 2020: A$1.545 per US$.
It is above its average since 2012 of US$357,897 at purchasing power parity, which is a better reading than usual.
Across 29 OECD countries (latest available, 2017–2023), Australia ranks 3rd best of 29 on median wealth, above the median of A$315,837 (US$204,480 at purchasing power parity).
Why it matters
What the typical household owns, less what it owes; for most Australians this is largely the family home.
What it should be
There is no official target, so Australia is judged against comparable countries: higher than the OECD median is better. The OECD median is US$204,480.
Every figure on this page is calculated from the stored official series (OECD, How's Life? Current well-being (OECD WISE)); the summary is written from the numbers, not edited by hand.