Average Credit Score in Australia (2026) — By Age & Bureau

Quick Answer: The national average Equifax credit score in Australia is approximately 666 — sitting in the "Good" band (661–734). Scores vary significantly by age: younger Australians (under 25) typically score 550–580 due to limited credit history, while Australians over 55 average 720–760. If your score is below the national average for your age group, negative entries on your credit file — particularly defaults or excessive enquiries — are the most likely cause.

Knowing the national average tells you where you actually stand. Here's the complete data picture for 2025–2026.

National Average Equifax Credit Score Australia (2025–2026)

Equifax publishes aggregate credit score data for Australia. Based on the most recent available data:

National average Equifax credit score: approximately 666 (Good band)

This has trended upward over the past decade, driven in part by Comprehensive Credit Reporting (CCR) introduced in 2018, which allows positive repayment history to be factored into scores for the first time.

Equifax Score Bands (Full Range: 0–1,200)

Roughly 14% of adult Australians have a Below Average credit score — that's over 2 million people. A significant portion of these have negative entries that were listed in breach of credit reporting law and are removable.

Average Credit Score by Age in Australia

Credit scores in Australia generally improve with age, reflecting longer credit history and more established repayment patterns.

Note: These are indicative ranges based on Equifax population data. Individual scores within each age group vary enormously depending on credit history, negative entries, and credit product usage.

What the Average Score Means for Loan Approvals

Being at or above the national average (666) doesn't guarantee loan approval — but it indicates you're in the mainstream lending zone. Here's what typical lenders require:

If your score is below these thresholds because of negative entries — not just a short credit history — those entries may be removable.

Why Your Score Might Be Below Average

The most common reasons an Australian's score falls below the national average:

1. Defaults — single largest factor; a $340 telco default drops most scores 100–150 points immediately
2. Excessive enquiries — 5+ applications in 12 months triggers score suppression
3. Missed repayment history — under CCR, every missed monthly payment is visible for 2 years
4. Court judgements — comparable impact to a large default
5. Thin file — limited credit history (particularly common in under-25s and recent migrants)
6. Bankruptcy or debt agreement — see retention periods in our bankruptcy guide

Important: Thin file (limited history) is different from damaged file (negative entries). If you have a thin file, the solution is time and responsible credit use. If you have a damaged file with unlawfully listed entries, those can be removed — often within 30–90 days.

Case Study: Wei, Sydney — From Below Average to Good in 47 Days

Wei, 29, a software developer from Chatswood, had an Equifax score of 488 — well below the national average for his age group. Two enquiries from a 2022 broker event had been listed without his specific authorisation for each individual lender access. A $310 Vodafone default from 2021 had also been listed with an incorrect amount.

Australian Credit Solutions removed the two unauthorised enquiries and the incorrect-amount default in 47 days. His score moved from 488 to 667 — above the national average for his age group.

Get a free assessment from Australian Credit Solutions →

Frequently Asked Questions

What is the average credit score in Australia? The national average Equifax credit score in Australia is approximately 666, sitting in the Good band (661–734). This figure has been trending upward since the introduction of Comprehensive Credit Reporting in 2018.

What is a good credit score in Australia? On Equifax (0–1,200), the Good band is 661–734. Very Good is 735–852. Excellent is 853–1,200. For mainstream home loan approval, most lenders want 661+ at minimum. For competitive rates, 735+. On Experian and Illion (both 0–1,000), Good is 625–699 and Excellent is 800+.

What is the Equifax national average credit score for Australia in 2025? Equifax's most recent published national average for Australia is approximately 666, placing the average Australian in the Good band. This represents a modest improvement from the 640–650 range seen before CCR data became fully incorporated into scoring models.

What is a bad credit score in Australia? On Equifax, Below Average is 0–459. This is the zone where most mainstream lending is impossible and only specialist (high-cost) finance options are available. Average (460–660) is the zone where approvals are possible but at higher rates.

What is a good credit score out of 1,000 (Experian/Illion)? On Experian and Illion (both scored 0–1,000), a Good score is 625–699. Very Good is 700–799. Excellent is 800–1,000. A score of 700+ on these bureaus is roughly equivalent to 735+ on Equifax.

Why Australians Trust Australian Credit Solutions

Australian Credit Solutions is lawyer-led, ASIC-licensed (ACL 532003), and has operated since 2014. We've helped over 5,000 Australians remove negative credit file entries and access the finance they deserve. Our 98% success rate on accepted cases reflects a simple approach: we only accept cases where we've identified genuine legal grounds. Every case is managed under the supervision of Principal Solicitor Elisa Rothschild BA/LLB (Monash University) — a lawyer, not a call centre. We operate on No Win No Fee: you pay the success component only when we remove an entry from your file. We've won the Industry Excellence Award three consecutive years — 2022, 2023 and 2024. Our 4.9/5 rating from 976+ verified reviews reflects what real clients experience.

All disputes are conducted under the Privacy Act 1988 and the Credit Reporting Code — the laws that govern your rights and creditors' obligations.

Get My Free Assessment → 📞 0489 265 737 🛡️ ASIC Licensed ACL 532003 | ⭐ 4.9/5 from 976+ Reviews | 🏆 Award Winner 2022–2024

Australian Credit Solutions Pty Ltd holds Australian Credit Licence ACL 532003. Credit repair services are subject to individual assessment. Results may vary. This article provides general information only and does not constitute legal or financial advice.