This shows changes in the real value (after inflation) of net household wealth. The average value of household wealth (minus debts such as home mortgages) rose steadily from $644,000 in 2003-04 to $836,000 in 2009-10, when the Global Financial Crisis occurred. Average wealth then dipped slightly to $802,000 in 2011-12 before rising again to $936,000 in 2015-16.