We've released the Self-managed super funds: statistical overview 2022–23External Link. They provide an indicator of the health and performance of the entire SMSF sector and indicative information about items such as type of investments and costs incurred by existing funds.
The main source of data in the overview is drawn from 2022–23 SMSF annual returns and is supplemented with 2023–24 registration information.
Highlights include:
- Over 625,000 SMSFs hold $990 billion in assets, with more than 1.1 million members, as at, 30 June 2024.
- on average, SMSFs had assets of $1.55 million in 2022–23, up 21% over the 5 years to 30 June 2023.
- 65% of SMSFs have existed for more than 10 years.
- 43% of SMSFs had assets between $200,001 and $1 million. This accounts for 16% of total of SMSF assets.
- The median age of SMSF members of funds established in 2022–23 was 47. The median age of all SMSF members was 63 as at, 30 June 2024.
- The average member balance for females increased by 26% over the 5 years to 2022–23, while the average balance for males increased by 22% over the same period.
Our infographics show the key figures from this report.
- Self-managed super funds: Annual statistics overview infographic 2022–23 (PDF, 1.68MB)This link will download a file
- Self-managed super funds: Members by gender infographic 2022–23 (PDF, 1.36MB)This link will download a file
For annual reports about self-managed super funds from prior years visit Annual reports.
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