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Use our free Net Worth Calculator to quickly see where you stand financially. Add your assets and debts to calculate your net worth in seconds — no sign-up required.

Net Worth Calculator

How to use this Net Worth Calculator

Enter the current value of what you own and what you owe. Your estimated net worth will update automatically as you change the figures.

Assets

Cash & Savings: Money in bank accounts, savings accounts, term deposits, and cash.
Investments: Shares, ETFs, managed funds, superannuation or retirement accounts, and other investments.
Property Value: The estimated current market value of property you own.
Vehicles: The approximate resale value of cars or other vehicles you own.
Other Assets: Other items of significant financial value, such as business interests or valuable personal property.

Liabilities

Mortgage Debt: The remaining balance on your home or investment property loans.
Car Loan: The amount still owing on vehicle finance.
Credit Card Debt: Your current outstanding credit card balances.
Student Loans: Outstanding student or education debt.
Other Debts: Personal loans, buy-now-pay-later balances, or other money you owe.

Understanding Your Results

Your net worth is calculated by subtracting your total liabilities from your total assets.

Net Worth = Total Assets − Total Liabilities

A positive result means your assets are worth more than your debts. A negative result means your debts currently exceed your assets.

You can change any amount to see instantly how paying down debt, increasing savings, or changes in asset values could affect your net worth.

Disclaimer: This calculator provides a general estimate only and does not constitute financial advice. Actual values may change over time, so use current figures where possible.

What is a Net Worth ?

Net worth is a simple way to measure your overall financial position. It represents the difference between everything you own (assets) and everything you owe (liabilities).

Net Worth = Total Assets − Total Liabilities

If your assets are worth more than your liabilities, you have a positive net worth. If your liabilities are greater than your assets, you have a negative net worth.

Having a negative net worth isn't necessarily unusual. It can happen when someone has a large mortgage, student debt, personal loans, or other financial commitments.

Net Worth vs Income

Net worth is different from income. Someone with a high income may still have a relatively low net worth if they have significant debts or spend most of what they earn.

Someone earning less may build a higher net worth over time by consistently saving, investing, and reducing debt.

Why Track Your Net Worth?

Tracking your net worth periodically can help you see whether your overall financial position is improving.

Over time, you can aim to:

Increase savings and investments
Reduce outstanding debts
Build assets
Track your overall financial progress

Your net worth may rise and fall as asset values and debts change, so it is best viewed as a long-term financial snapshot rather than a score of financial success.

How Does Your Net Worth Compare?

These figures are household-level estimates, not targets for individuals. Property ownership, household composition, superannuation, debt, location and other factors can make a substantial difference.

More recent ABS figures show that average Australian household wealth reached approximately $1.58 million in 2024, although this overall average should not be directly compared with the age-based figures above.

What matters most: Instead of worrying about whether your net worth matches someone else's, focus on whether your own net worth is moving in the right direction over time.

It can be useful to compare your net worth with broader household wealth figures, but these numbers should be treated as reference points rather than financial targets.

Australian Bureau of Statistics data shows that household wealth generally tends to increase with age as people build superannuation, investments and property equity and reduce debt.

6 Ways to Grow Your Net Worth

Net worth can improve in two main ways: increasing your assets and reducing your liabilities. Here are six practical strategies that may help over time.

1. Build an Emergency Fund

Keeping some accessible savings can help you cover unexpected expenses without relying as heavily on credit cards or other debt.

Your target will depend on your expenses, income stability, and personal circumstances.

2. Invest Consistently Over Time

Regular investing can help build assets over the long term. Diversification may also reduce reliance on a single investment or asset type.

Investment returns are not guaranteed, and values can rise or fall.

3. Reduce High-Interest Debt

High-interest debt can make it harder to build net worth because interest costs increase the amount you owe.

Paying down expensive debt can reduce liabilities and improve your overall financial position.

4. Track Your Net Worth Regularly

Consider reviewing your net worth every 6 to 12 months.

Tracking the same figures over time can help you see whether your assets are growing, debts are falling, and your overall financial position is changing.

5. Diversify Your Assets

Property can be a significant part of net worth, but relying heavily on one type of asset can reduce flexibility.

Depending on your goals and circumstances, your assets might include a combination of cash, investments, retirement accounts, property, or other holdings.

6. Set a Long-Term Financial Target

Instead of comparing your net worth with someone else's, consider setting your own target based on your goals.

You might focus on milestones such as:

Paying off a particular debt
Reaching a savings target
Building an investment portfolio
Increasing retirement savings
Achieving a positive net worth

The most useful comparison is often your current net worth versus your own net worth in previous years.

Important: There is no universal “correct” net worth for a particular age. Income, housing, debt, family circumstances, location, and financial goals can all make a significant difference.

Understanding Your Debt-to-Assets Ratio

The debt-to-assets ratio shows how much of your total asset value is represented by debt. It can give you another way to understand your overall financial position.

Debt-to-Assets Ratio = Total Liabilities ÷ Total Assets × 100

Example

If you have:

Total assets: $500,000
Total liabilities: $200,000

Your debt-to-assets ratio would be:

$200,000 ÷ $500,000 × 100 = 40%

This means your total debt is equal to 40% of the value of your assets.

What Does Your Ratio Mean?

A lower ratio generally means you have less debt relative to your assets, while a higher ratio means a larger proportion of your asset value is offset by debt.

There is no single ideal percentage for everyone. A person with a new mortgage, for example, may naturally have a higher ratio than someone who has been paying down their mortgage for many years.

The ratio is most useful when you track it over time. If your assets grow and your debts fall, your debt-to-assets ratio will generally decrease — which can indicate an improving financial position.

Frequently Asked Questions

1. What is net worth?
Net worth is the value of everything you own minus everything you owe. Add your assets, subtract your liabilities, and the remaining amount is your estimated net worth.

2. How do I calculate my net worth?
Add the current value of your assets, such as savings, investments, property and vehicles. Then subtract debts such as mortgages, credit cards, car loans and personal loans.

3. What should I include as an asset?
Assets can include cash, savings accounts, investments, retirement or superannuation balances, property, vehicles and other items of significant financial value.

4. What should I include as a liability?
Liabilities generally include mortgages, credit card balances, car loans, personal loans, student debt and other money you currently owe.

5. Is a negative net worth bad?
Not necessarily. A negative net worth simply means your liabilities currently exceed your assets. This can occur when someone has recently taken out a mortgage, has student debt or is early in their wealth-building journey.

6. How often should I calculate my net worth?
Checking your net worth every 6 to 12 months can provide a useful picture of your financial progress. Using the same method each time makes comparisons more meaningful.

7. What is a debt-to-assets ratio?
Your debt-to-assets ratio compares your total liabilities with your total assets. A lower ratio generally means less debt relative to the value of your assets.

8. How can I increase my net worth?
Net worth can increase when you build assets, increase savings or investments, or reduce debt. The most appropriate approach depends on your financial circumstances and goals.

Related Calculators You Might Find Useful

Once you know your net worth, these calculators can help you explore other areas of your finances:

Debt-to-Income Ratio Calculator — see how your monthly debt payments compare with your income.
Savings Goal Calculator — estimate how much you may need to save each month to reach a goal.
Retirement Calculator — estimate how your retirement savings could grow over time.
Debt Payoff Calculator — estimate how long it could take to repay your debts and how much interest you may pay.
Compound Interest Calculator — see how regular contributions and compound growth can affect your money over time.
Emergency Fund Calculator — estimate how much you may want to set aside for unexpected expenses.