By LILLIAN RADULOVA FOR DAILY MAIL AUSTRALIA

PUBLISHED: 01:28 AEST, 15 October 2014 | UPDATED: 01:52 AEST, 15 October 2014

• The median wealth per adult in Australia is estimated to be $257,704

• Real assets, comprising mainly of housing, were found to make up 60 per cent of household wealth in Australia

• Australia was also found to have 4 per cent of the world's US dollar millionaires, with 1,252,000 people falling into the category

• The data was reported in this year's annual Global Wealth Report by the Credit Suisse Group

Australians have had the highest median wealth in the world for five consecutive years according to this year's Global Wealth Report.

Research by the Credit Suisse Group, which analysed wealth trends in countries and regions across the world, has revealed the median wealth per adult in Australia is estimated to be USD 225,400, or $257,704 as of June 2014 - with the median being the centre point between the highest and lowest figures.

The figure is significantly higher than the one recorded for the country in second place, Belgium, which has a median of USD 173,000.