Global Power | Local Knowledge | Uniquely Personal
中文

Census reveals the average Auss...

Census reveals the average Aussie is now paying off a mortgage

While many people might consider your typical Australian to be a blonde haired, blue eyes surfer - the reality is far from this purported stereotype.

In fact, the average Australian woman is a 38-year-old with two children. She is also married. The average man is of a similar ilk. The only difference being the age, with the average Australian man one year younger at age 37.

The data also shows that the average Australian is now still paying off a mortgage compared to previous assessments where the average Aussie was a home-owner. Even as recently as 2006 the average person owned their home outright.

There are also significant differences depending on which state you live in. While the average person lives in a three-bedroom property, those who live in West of the country enjoy much more space with a four-bedroom house.

The data that has revealed these findings was collected in the 2016 Australian Census. The survey also shows stark differences between the amount of domestic work that men and women undertake. The average woman performs domestic activities for between five and 14 hours a week, while the average man will spend fewer than five hours a week doing the same tasks. It has been suggested that this is one of the reasons that the gender pay gap remains in Australia.

The 2016 survey paints a very different picture of Australia compared to that of the country in 1911 when the first Census survey was conducted. At this time the average Aussie was a 24-year-old male, but women have outnumbered men in Australia since the 1970s.

All information provided is of a general nature only and does not take into account your personal financial circumstances or objectives. Before making a decision on the basis of this material, you need to consider, with or without the assistance of a financial adviser, whether the material is appropriate in light of your individual needs and circumstances. This information does not constitute a recommendation to invest in or take out any of the products or services provided by SMATS Services (Australia) Pty Ltd or Australasian Taxation Services Pty Ltd.

Subscribe Now