Net Worth Calculator
Calculate your total net worth (assets minus liabilities). Compare to Australian medians for your age group.
Disclaimer
This calculator provides estimates for general information purposes only. Results are based on standard formulas and may not reflect your individual circumstances. Always consult a qualified professional for advice specific to your situation.
Frequently Asked Questions
What's a 'good' net worth for my age in Australia?
Should I include my home in net worth?
How do I value items like cars or jewellery?
How often should I update my net worth?
What is Net Worth?
Net worth = total assets minus total liabilities. It's the single best snapshot of your financial position at any point in time. Tracking net worth quarterly shows whether your overall financial strategy is working, regardless of monthly income/expense fluctuations.
How this calculator works
Enter the current market value of your assets (cash, home, super, investments, vehicles, other) and the current balances of your liabilities (mortgages, loans, credit cards, HECS-HELP). The calculator computes net worth, debt-to-asset ratio, and compares your figure to ABS-derived medians for your age group.
What to Include
Assets: cash and savings accounts, shares and ETFs, super (current balance), investment properties (current market value), your home (current market value), vehicles (resale value, not purchase price), other valuable assets like jewellery, art, business equity. Liabilities: mortgage balances (NOT remaining payments), car loans, personal loans, credit card balances, HECS-HELP debt, BNPL balances, tax owed, anything else you owe.
Gross vs Liquid Net Worth
GROSS net worth includes your home and super: shows total wealth. LIQUID net worth excludes home and super: shows what you could actually spend without selling your home or waiting until preservation age. Both useful: gross for life net worth tracking, liquid for FIRE planning and 'how much could I survive on tomorrow' scenarios.
Australian Net Worth Benchmarks
ABS Survey of Income and Housing (2019-20, latest comprehensive): median household net worth $579,200, mean $1,043,500. The mean is much higher than median because of property and super wealth concentration. Net worth heavily skews with age — by 65+ median household net worth exceeds $1.2M (largely the family home). Sydney/Melbourne homeowners typically far above national median; renters in capital cities often well below.
Debt-to-Asset Ratio
Total liabilities ÷ total assets. Under 30% = conservative leverage. 30-50% = moderate (typical for first home owners). 50-70% = high leverage (typical for property investors). Over 70% = very high leverage, vulnerable to job loss or rate rises. The ratio matters most when interest rates rise sharply or property values fall — high leverage amplifies both gains and losses.
How to Track Over Time
Quarterly is the sweet spot — frequent enough to see trends, not so frequent that small market fluctuations distract. Use a simple spreadsheet with one row per quarter, columns for each asset/liability. The two metrics that matter: (1) net worth growth year-over-year, (2) savings rate (income minus expenses ÷ income). Healthy households grow net worth faster than CPI inflation.
Updated for the 2025-26 financial year (1 July 2025 to 30 June 2026).
Official Sources
All calculations are performed in your browser — your data never leaves your device. Results are for general guidance only and should not be considered professional financial advice.
Built and maintained by Konstantin Iakovlev. Data sourced from the ATO and official Australian government sources.