Over five years the total returns from residential property have been quite impressive across Australia. The total returns include both the increase in values as well as gross rental returns.
Check out how our capital cities performed.
Five-year total change in total returns to May 2016:
- Sydney 85.3%
- Melbourne 51.7%
- Brisbane 40.3%
- Adelaide: 33.2%
- Perth 28.7%
- Hobart 28.8%
- Darwin 43.4%
- Canberra 41.6%
The figures come from the CoreLogic RP Data Accumulation Index which has been published since June 2009 and highlights the total returns from residential property.
“Despite the recent slowdown, housing finance data highlights that investor activity in the housing market is starting to rise again and when you look at total returns from housing it’s no surprise,” concludes CoreLogic RP Data.