Property trusts number one investment, says ASX report
Listed property trusts have outperformed various popular unlisted investments, including residential property investments, over the previous 10 years, according to the latest ASX Investments Report released yesterday.
Thursday, May 19th 2005, 7:18AM
by The Landlord
Australian listed shares were closed behind listed property trusts.The report reveals that listed property provided after-tax returns of between 12.3% and 10.0% per annum -- depending on income bracket; Australian shares returned between 11.6% and 9.2% per annum over the same period.
Residential investment property returned between 10.6% and 8.4% per annum.
Commissioned by the Australian Stock Exchange, the report measures the pre and post tax returns on Australian shares, listed property trusts, residential investment property, fixed interest and cash over 10 years from 1 January 1995 to 31 December 2004.
Last year, the report found that residential investment property outperformed all other examined investments. This followed a well documented upswing in the housing market. Likewise, listed investments experienced a strong run from 1995 – 2000 when the All Ordinaries Index rose by 66.84% and again from 2003 to 2005 (36.2% increase).
ASX deputy chief executive Colin Scully said the report is a useful tool for all participants in Australian capital markets.
“We understand it to be the only one of its kind and we are pleased to partner with an organisation such as the Russell Group, to make this available for market participants,” Scully said.
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