What is a 'good' net worth for my age?

Australian median net worth by age (ABS 2021-22): Under 25: $47k, 25-34: $127k, 35-44: $422k, 45-54: $707k, 55-64: $960k, 65-74: $1.0M. These include the family home. If you're above the median for your age, you're doing well. But focus on your own trajectory rather than comparisons.

Should I include my home in net worth?

Yes, it's an asset. But also track your 'investable net worth' (everything EXCEPT your primary residence and mortgage). Your home provides shelter but doesn't generate income or cashflow. Investable net worth is a better measure of financial freedom.

How can I increase my net worth?

Three levers: 1) Increase income (career growth, side income). 2) Reduce expenses (more surplus to save/invest). 3) Grow assets (invest surplus into shares, ETFs, property, super). Also: pay down high-interest debt to reduce the liability side. The earlier you start, the more compounding helps.

Net Worth Calculator

AI + Live Data

Calculate your total net worth by listing all assets and liabilities. Track your financial progress over time.

Free to useNo data storedReal-time dataAI insightsUpdated: February 2026

Your net worth is the single most important number in personal finance — it's the complete picture of your financial health. It's simply what you OWN (assets) minus what you OWE (liabilities). Tracking your net worth over time is the best way to measure financial progress, regardless of your income level. This calculator adds up everything, benchmarks you against Australian averages for your age, and provides AI-powered insights on how to improve.

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Real-World Examples

First Home Buyer

Sophie, 28: $85,000 super, $15,000 savings, $5,000 shares, $20,000 car. Debts: $22,000 HECS.

Net worth: $103,000. Well above the median for her age group (~$78,000). Her next move should be boosting savings for a home deposit while her HECS is slowly paid through tax. She's in a strong position.

Homeowner with Mortgage

David, 40: $850,000 home, $200,000 super, $30,000 savings, $15,000 shares. Debts: $580,000 mortgage, $5,000 credit card.

Net worth: $510,000. Right around the median for his age. His home equity ($270,000) is his biggest asset class. Priority: eliminate the credit card debt immediately, then accelerate mortgage repayments.

Frequently Asked Questions

Glossary

Net Worth

Total assets minus total liabilities. It's the most comprehensive measure of your overall financial position.

Investable Net Worth

Net worth excluding primary residence and associated mortgage. Focuses on liquid and investable assets that can generate income or be accessed.

Asset Allocation

How your total wealth is distributed across different asset classes (property, shares, cash, super). A balanced allocation reduces risk.

Equity

The portion of an asset that you actually own. For property: property value minus mortgage = equity. Equity grows as you pay down the loan and as the property appreciates.

Related Tools

Compound Interest Calculator

See how investing your surplus can grow your net worth exponentially.

Savings Goal Calculator

Set specific savings targets to boost your net worth.

Dividend Income Calculator

Calculate passive income from your investment portfolio.

How to Use

1Enter the current value of all your assets (property, super, investments, savings, car, etc.).
2Enter all your outstanding debts (mortgage, HECS, car loan, credit cards).
3Add your age for personalised benchmarking.
4See your total net worth, asset allocation breakdown, and how you compare.

Key Information

The median net worth for Australians aged 30-34 is approximately $127,000 (ABS 2021-22).
The median net worth for 45-49 year olds is approximately $564,000.
Super typically makes up 20-40% of net worth for working Australians.
Having a negative net worth (more debt than assets) is normal for young people, especially with a mortgage.

Pro Tips

Track your net worth quarterly — the trend matters more than any single number.
Don't include the value of personal items (furniture, clothes, electronics) — they're depreciating and not meaningful assets.
Your home is an asset, but it doesn't generate income or cashflow. Focus on 'investable net worth' (everything except your home).
A rising net worth with high debt can still be fine IF you're building equity (e.g., paying down a mortgage on an appreciating property).

Avoid These Mistakes

Overvaluing your car — cars depreciate 10-20% per year. Use redbook.com.au for realistic values.
Not including HECS debt — it's real debt that reduces your net worth and borrowing power.
Ignoring super because you can't access it yet — it's still a major asset and part of your wealth.
Comparing yourself to others without considering age, location, inheritance, and life circumstances.

Disclaimer: This calculator provides estimates only and should not be relied upon for financial decisions. Interest rates, fees, and policies change frequently. Always verify information with lenders directly. This is general information, not personal financial advice. Consider seeking advice from a licensed mortgage broker or financial advisor.

Last updated: February 2026