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Table 12: Average and median asset sizes

Last updated 19 December 2016

These tables show the average and median SMSF fund asset sizes and member account balances at the end of each financial year, the average member balance by age and gender, and the closing balance for female members by balance range.

These figures are estimates based on SMSF annual return form data. To ensure consistency, the figures used in this table are those reported in the Self-managed super fund statistical report, June 2016.

Average and median asset sizes

 

2011

2012

2013

2014

2015

Average assets per member

485,682

475,698

510,136

551,217

589,636

Median assets per member

282,608

275,313

299,407

325,542

354,882

Average assets per SMSF

923,499

902,917

968,139

1,043,812

1,111,732

Median assets per SMSF

506,539

493,348

535,274

581,710

631,077

2015 Average member balance by age and gender

 Age range

Female

Male

Total

< 25

41,691

40,446

41,041

25 – 34

61,820

75,456

68,794

35 – 44

114,075

156,109

134,782

45 – 49

196,602

260,161

227,911

50 – 54

303,593

394,808

349,476

55 – 59

482,070

627,856

555,954

60 – 64

666,634

822,349

746,596

65 – 69

807,284

923,159

869,336

70 – 74

876,126

1,005,739

949,728

75 – 84

897,981

1,006,876

965,329

85+

665,413

810,937

765,834

Unknown

531,345

592,514

569,695

Additional data tables on historical data from 2011 to 2014 can be accessed in Appendix 1 XLS file.

2015 Female SMSF members by closing balance range

 Member balance range

Female members

% of female members

$0

24,931

6.2%

>$0–$50k

67,764

16.9%

>$50k–$100k

45,371

11.3%

>$100k–$200k

57,343

14.3%

>$200k–$500k

87,653

21.8%

>$500k–$1m

63,786

15.9%

>$1m–$2m

37,114

9.2%

>$2m–$5m

15,840

3.9%

>$5m–$10m

1,619

0.4%

>$10m

262

0.1%

Total

401,683

100%

Additional data tables on historical data from 2011 to 2014 can be accessed in Appendix 1 XLS file.

QC50779