Income and wealth distribution by state

Monday, September 12, 2016

High wealth, high income

What are the high wealth, high income states? Western Australia is leading in terms of both income and wealth, with $133,224 and $952,500 respectively, which is well above the average household annual gross income of $107,276 and average household net worth of $809,900.

However, over the last year particularly, the impact of the mining slowdown has affected earnings and also wealth. The reliance on the mining sector and the fluctuation of income and wealth based on the fortunes of this one sector are highlighted in the fact that between 2012 and 2014, the household incomes of those in Western Australia rose by 21% which was almost double that seen in the leading east coast state of New South Wales, and the wealth in this 2 year period increased by 24%, again almost double on what we saw from the best performing east coast states.

Top performing states

New South Wales is the most consistent performer in wealth and income, and the only other state to have both income and wealth about the national average (12% on income and 13% on wealth). It has a stable economy, with the largest infrastructure investments in the nation, a broad base of industries and consequently solid forward forecasts.

The Northern Territory, like Western Australia has been fluctuating, and while it has average income above the national average, its wealth is below the national average. Queensland, while improving in both income and wealth is below the national average on both as well. And Victoria while seeing solid gains in both income and wealth, with wealth largely due to the housing market above the national average, its income has still not quite reached the national average.

Worst performing states

The worst performing states are Tasmania, with incomes 26% below the national income and wealth average, as well as South Australia which is 19% below the average household income and 20% below the national net wealth.

While household income gains have been low in some states (a total of 6% gain since 2012 in South Australia, Tasmania and the Australian Capital Territory over the last 2 years), at least all of the states have had an increase in incomes, but such has been the change in property prices and the rise in living costs, the Northern Territory, South Australia, Tasmania and the Australian Capital Territory have all seen a slight fall in average household wealth since 2012.

A Snapshot of Australia's Housing Market

Monday, August 01, 2016

Owning a home is the great Australian dream, but with 30% of Australians renting, could our love affair with bricks and mortar be turning sour? Our Aussie states go head to head as we compare affordability for buyers and renters.

How many Australians own their home outright and how many have a mortgage?

2 in 5 (40%) Australians are trying to own their own home and slowly pay it off, with the smallest category of all, 28%, being lucky enough to have paid off their home in full.

How do the capital cities compare when it comes to renting an apartment?

As you would expect, Sydney ranks as the most expensive city, costed at about $500 per week for your average apartment. Amazingly, Darwin is up there as well due to more more demand than supply and with not the same investment in stock. Meanwhile, if you move down to Hobart, it is almost half that, paying about $270 per week, and Adelaide not much beyond that at $370.

What if you are looking to buy a home, how much is that?

Sydney is still leading Australia by a long way with almost a $1,000,000 median house price. A distant second is Melbourne, at over $800,000. If you look down to Hobart, the median house price is $357,000, so that means using the money spent on a home in Sydney, you could buy about 3 homes in Hobart – and a pretty good lifestyle down there as well.

Looking at Australia as a whole, what is the percentage of apartments to houses?

About 3 in 4 Australians live in a detached home, so that’s traditionally been the Aussie dream. Then you have about 14% who live in apartments and 10% in townhouses. We are starting to see a change though, with a quarter of Australians now living in medium to high density housing. At the moment if you look at new housing approvals, it's 1 in 3, so it has gone up. If you look at Sydney and Melbourne, 2 in 3 new housing approvals are in medium to high density living. So we are starting to get more densified, with an increase in vertical communities compared to the more traditional horizontal ones, and that’s where we are headed in the future.

Watch Mark's full interview on The Daily Edition here

What Makes a City the Most Liveable?

Wednesday, July 20, 2016

What makes a state or city liveable? Is it the low crime rate, affordability, ease of travel or is it simply the weather? We have compared some of the major factors and revealed what Aussies really think.


If you take the average weekly earnings, subtract the average weekly mortgage repayments based on house costs, you find that NSW doesn’t do too well, it is earning 20% above the average, but the houses are 64% above the average, so NSW works out to be the worst in terms of income after housing. But WA is on top of the charts, with the ACT doing pretty well also.

Ease of travel

We took the centre of population of each of our capital cities, the mid-point of the population sprawl where as many people live north, as south of this point, and as many east, as west. From this centre of living we measured the average, non-peak hour driving time to the centre of the CBD marked by the GPO of each capital. We found that as we would probably expect, Sydney was the longest drive, about 33 minutes to get from the centre of population to the centre of the city, but the quickest trip of all was Brisbane with just 8 minutes.

Crime rates

This is the number of offenders per annum, per 100 people and the Territories book end the data here, with the ACT with the lowest crime rate nationally and the Northern Territory as the highest crime rate and the other states right in the middle. As measured by crime rates, the ACT is Australia’s safest place to live.


We measured this by looking at the average number of sunny days - totally clear days in a year. Tasmania not doing too well with a lot of cloudy, overcast days, but WA takes the crown with the most number of sunny days in any given year.

Watch Mark McCrindle's full interview on The Daily Edition here

Welcome to our blog...

We have a passion for research that tells a story, that can be presented visually, that brings about change and improves organisations. And we hope these resources help you know the times.

Our Social Media Sites

Facebook | McCrindle Research Social Media YouTube | McCrindle Research Social Media Twitter | McCrindle Research Social Media Flickr | McCrindle Research Social Media Pinterest | McCrindle Research Social Media Google Plus | McCrindle Research Social Media LinkedIn | McCrindle Research Social Media Mark McCrindle Slideshare

Last 150 Articles


poor food bank choice workers repayments office space professional services commuting child care NEETs James Ward families brand experience social change kate middleton baby name predictions educhat communities grave decision 1975 Australian Population impact balance money ferry population map paying to work australian social research meetings trends of 2017 wealth and income state mythbusting contiki Assistant Store Manager goal HSC sentiments rental stress australian real estate waverton REIV Conference thought leadership affordable Valentine’s Day travel year 7 public transport sports learn Gen Z Expert teleworking employers Work place relational professional speaker church winter global generation cost of living communications Elderslie-Harrington park politics investor growing population high density apartments baby name panel pharmacies research report internships February 16 in the media Gen Y culturally diverse futurist land of the middle class social commentator results renter of the future affordability 1994 consumerism personal growth ideas researcher Willowdale megatrends insights dream faux-cilise study Melbourne digital The Daily Edition Mount Annan-Currant Hill hills visualisation optus new york times maiden faith dare to dream stats hornsby McCrindle Speakers internship mobile nfp Sydney religion daily telegraph emerging trends volunteering plans cooking Netflix investing FOMO home owner communicate skills hunger The ABC of XYZ Australians social media 2015 statistics Territory business index chairty rain Andrew Duffin English tea student online NFP event belief the lucky country Do It Yourself twentyseventeen tertiary education australian communities trends report property development leadersip royal family seasons VET sector Queensland china wealth Adelaide cars TEDx gold coast teachers careers Royals aussie culture states charity india South Australia divorce thrive home ownership donation 24,000,000 tv entrepreneur gen alpha January 26th NBRS market research VET winter blues millennials research visualisation research house prices do people still change their surname after marriage? buildings commute friends finance population milestone summer school not-for-profit Black Friday infographics students the hills dreaming McCrindle Keynote Speakers NT product moreton bay vegetarian wellbeing professional presenters sydney hills census New Zealand the changing face of fresh toys parents capital cities define education research gen z equip 2016 speajer house economic Hornsby Shire Council brand baby name trends domestic environment names Christmas in Australia presentations ACT earn baby boomers Tuesday Trend ACT Report life baby names australia report men population Skilling CBD property market not for profit TED talk education future report identity employmee city financial independence Kirsten Brewer career dessert Love poker master lalor park Queensland: QLD housing market new office mateship emerging generations CPI logan cica woolworths experience public speaker Scouts urban social lives research on coffee infographic insight community resource national crime rates digital economy New South Wales australia ACF 2016 focus groups coffee deloitte video Australian Home list blaxland newspaper trades Retail greatness Christmas presents Geoff Brailey volunteer easy rider Australian Trends 1980 average Australian entertainment Christmas day weather workplace urban living Crime Rates WA Northern beaches Event cloudy days housing trends social analyst Financial Planning Association of Australia baby data visualisation high density living eliane news urban development rich workplace culture marketing New Zeland financial TAS year 12 unemployment Tuesday Trends global retail ultimo acf15 Understanding and Engaging with Generation Z mentor moderators guide System's Architect celebration cultural diversity US Business analysis relevant visual debate unaffordable Cobbitty-Leppington McCridle faux-cilising wages work mates demographic transformations sun jobs of the future participants geomapping young people leadership workshop schools employmer focus group teacher australian communities forum ashley mckenzie Kiwi Australian schools 2016 census surname neutral bay baby names census data customer renting graphs social research entrepreneurs of today quote stay home public speaking faux-ciliser forecasting emerging technologies selfie goals water clothing the hills shire huffington post USA education sector 2014 slideshare story ashley fell internet Australian demographics marriage analysis Australian communities Wodonga suburban living eliane miles learner brisbane Northern Territory rule keeper owning a home engage generation alpha fears mother's day shopping centre donate future of work Research Director trends SRE business anzac economy investment high school Australian Dream perth bureau car retirement wealth inequality trend tuesday alpha ageing property Research Executive Education Future Forum trends of 2016 generation Z australian sustainable society trends Sydney’s south west #censusfail financial planning jobs micro demographer collaborative housing work social life Jura Australia safe demographic screenage global future of education 24 million Tasmania Sydney keynote speaker research services pharmacy the average aussie mccrindle australians staying home more Caregiver future of shopping "know the times" group session monarchy online shopping conferences salary TED cultural diveristy Black Friday Sales research pack Merry Christmas shifts Christmas lunch holidays TEDx Speaker social commentary future food litter Sydney population sector award indonesia middle class survey christian REIV National Conference optus my business awards social data not for profit research 23 million responsive Black Friday in Australia tuesday brands menai sydneycity communication sydneysiders australian community trends report training Christmas Stats optimistic financial dreams healthy future living nativity scene culture SA medicine local community cold family divorce rate wolloomooloo snapshot forecast global generations NSW Myth cancelling plans demographic trends food insecurity property price ease of travel cartodb 2013 community engagement potts point friendship volunteering data change aged care puzzle conference Hunter Valley sunburnt country norwest Performance Sentiment Index social issues DIY weekly earnings curiosity sydney property market priorities hopes society workforce teaching work-life youth consumer social researchers Aussies overcast Real Estate Institute of Victoria earning weather surnames shbc infographic wall millionth christmas trees train Lower Hunter Region Australian Bureau of Statistics house price spend mortgage gender recap innovation school satisfaction hills shire facts public holiday cost workshop financial fears sydney market World Water Day mythbusters employment FPA generation maiden names volunteers Aussie millenials SMSF Australian community trends housing affordability youth unemployment sector wide study learning styles easter village teach going out global generaion growth of sydney home purpose Res Vis income casual wealth distribution leadership manly mccrindle in the media Sydney Hills Business Chamber Vocational education apartment Sydney Lifestyle Study know the times victoria low density conference presentation shopper's pick presentation collaboration debt Financial Planning Association shopping small business christianity keynote speaker ACF2017 earnings Maxim Accounting holiday younger generations Lower Hunter sydney event survey design spirituality case study future-proof TDE 2016 census results census fail Jura Coffee trend social enquiry giving demography dreams Generation X couple travelling care support interactive professional sunny days Christmas season events Macquarie University entrepreneurial national wealth prince george christmas generations 1968 demographics world youth day who is generation z proactive mover and shaker Hills Shire Council darwin community event suburbs wage Western Australia real screenagers wedding supply and demand area national private wealth house price rise Channel 7 Wagga Wagga baby boom Real Estate keynote google for education Australian Communities Trends vegemite meals educated global financial crisis parenting JOMO follow learning Births rise of local Northern Beaches Christian School rising house prices coffee lovers leader mining boom What is food insecurity? media commentary ethnography 40 million event baby names report education government NBRS Architecture Deaths the great screenage ACF housing growth happiness PSI bus conference speaker royal baby father's day women Engineering Manager cancelling event charities McCrindle Speaker builders social analysis office university intern challenge energy staying in university degree 2017 tips Population Clock local residents live the dream marriages marrickville social trends etiquette gig typical australian speaker research data happy holidays sydneysider Australia Day population growth generational trends apartments crows nest Christchurch wealth and income distribution social researcher sydney speaker VIC storytelling speakers mccrindle tea capital city technology post rationalism engagement mccrindle research transport census results growth Generation Y mccrinlde 1995 household changing face of sydney non profit Duchess of Cambridge young australians census 2016 group IT Specialists SMART google networking in depth interviews grandparents 2012 cash townhouses schools students ACF17 Australia street world GPO 2020 innovative average sydneysider cancel plans education future qualitative research Canberra report Financial Planning Week sydney metro future proof royal influence social shifts criminal children Bathburst rent breakfast aged care pyrmont publication socialites crime award winner gig economy financial future urban taskforce Wellington urban living index trends analyst long weekend personalities office opening 2009 click media sector wide hello fresh media activity school students narcissism offenders authenticity high density households ageing population motivate Gen X Word Up princess charlotte increasing densification the australian dream professional development DESTEL ipswich daily commute data analyst resilience socialising language suburb commuters showreel Charlotte 10 years forum local communities Australia Day 2017 royal tattoos annual income tableau lifestyle speakers pack environmental scanning Christmas research outsourcing hobart future proofing omnibus budget christmas 2017 Australian Families bondi ABS organisations Mark McCrindle in the media Channel Seven business performance Australian Census work from home HR micro apartments EFF Northern Beaches Christmas data organisational culture program media release Social Trend average aussie Christmas day staff Mark McCrindle seasons greetings social impact