26–27

Bronze row · ages 22 to 31

Five economic considerations

Health cover

Deciding on private cover well before the age-based loading starts can save money long term.

Deposit saving

A house deposit usually takes years of saving, longer in capital cities.

First investments

Shares, index funds or extra super contributions start for some.

Forms and files to look for

  • Work-related expenses record (ATO)
  • Super consolidation (ATO via myGov)
  • First Home Super Saver Scheme information (ATO)

Search these names on the department sites below. Links go to each department's home page.

Research snapshot

Figures from published research for the age groups that cover 26–27. Sources often publish wider age groups, so the group shown is the one that includes these ages. They describe groups of people, not any one person. Checked 23 October 2026.

Wealth

Household net worth and income

  • Ages 25–29$242,000 net worth
    $2,304 gross household income a week

2019–20 financial year. By age of the household's reference person, as shown in the ABS graph. The ABS page does not say whether the values are averages or medians, so treat them as indicative.

Housing

Who buys a first home

  • Ages 25–3456.1% of first home buyers

2019–20. Share of all recent first home buyers in this age group (age of the household reference person). It is not the share of the age group who buy.

Family

Age of parents at birth

  • All births in 2024Median age of mothers 32.1 · fathers 33.9

2024. All births, not only first births.

Dollar figures are in the dollars of the year shown. Average and median are not the same: the median is the middle value. Not financial advice.

Videos

Video for ages 26–27 coming soon.

Three income scenarios

Illustrative gross incomes: lower about $50,000, middle about $100,000, higher about $200,000 a year. For ages under 18, read these as household incomes. For retirement ages, read them as lower, middle and higher income and savings. They are examples, not official brackets.

~ $50,000 a year

Lower income

Wages cover living costs but a deposit feels far away. Government support schemes and a shared purchase are options to explore.

~ $100,000 a year

Middle income

Regular saving into a deposit and super. A partner's income can make a purchase plausible within a few years.

~ $200,000 a year

Higher income

The deposit may arrive early, or family help may shorten the wait. Investment choices matter more than saving rate.

Back to Economic life stages