Gen Xers the new baby boomers: analysis identifies Australia’s richest landholders by generation
The Guardian - World NewsCenter-LeftEN 1 min read 100% complete by Patrick Commins Economics editorJanuary 21, 2026 at 03:00 PM
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short article 1 min
A KPMG report reveals that Generation X (born 1965-1980) now holds the most property wealth in Australia, averaging $1.455 million in housing and land ownership per household. This shift is attributed to baby boomers downsizing and moving assets into cash and retirement funds. Gen X, now mostly over 50, has benefited from years of rising home prices. The report identifies Gen X as the generation with the highest value of land and property ownership in Australia.
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gen x 100% property wealth 90% housing 80% land ownership 70% baby boomers 60% home prices 50% generational wealth 50% kpmg 40%
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The Guardian - World News
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Center-Left (-0.40)
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85%
This article was automatically classified using rule-based analysis. The political bias score ranges from -1 (far left) to +1 (far right).
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