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Gen Xers the new baby boomers: analysis identifies Australia’s richest landholders by generation
Those born between 1965 and 1980 own an average of $1.455m in housing and land, KPMG report finds
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Gen X households now hold the most property wealth of any generation as baby boomers downsize their homes and move more of their money into cash and retirement accounts.
Once known as the “slacker generationâ€, those born between 1965 and 1980 are mostly now aged over 50 years and have enjoyed years of inflated home prices.
Gen X households average $1.455m in wealth from dwellings and land, according to an analysis of ABS and census data by KPMG.
Who's richest? Australia's 'great wealth transfer' is reshaping the ladder
SBS acknowledges the Traditional Custodians of Country and their connections and continuous care for the skies, lands and waterways throughout Australia.
The average household wealth for Australians aged 25 to 34 increased by 63 per cent from 2019–20 to 2024–25, according to a new analysis. Source: Getty / Getty Images
'No one wants their parents to die': The home buyers waiting on their inheritance
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SBS acknowledges the Traditional Custodians of Country and their connections and continuous care for the skies, lands and waterways throughout Australia.
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