30–31

Bronze row · ages 22 to 31

Five economic considerations

First home

Many first home buyers purchase around 30 to 35. Stamp duty, mortgage and legal fees apply.

Weddings and partnerships

Wedding costs, joint accounts and combined households.

First will

Once assets exist, a will and nominated beneficiaries are worth setting up.

Interest rates

A rate change can move repayments by hundreds of dollars a month.

Forms and files to look for

  • Home loan pre-approval documents
  • Stamp duty concession forms (state revenue office)
  • Will and enduring power of attorney forms (state)

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 30–31. 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 30–34$441,000 net worth
    $2,588 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 30–31 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

Buying may only be possible with a partner, a scheme or a lower-priced region. Rent assistance may still apply to some renters.

~ $100,000 a year

Middle income

A first home with a sizeable mortgage. Repayments take a large share of income, so a buffer is important.

~ $200,000 a year

Higher income

A larger deposit means lower repayments. Offset accounts, extra repayments and property investment are options.

Back to Economic life stages