Australian shares and listed property trusts have outperformed residential investment property over 10 years ending 31 December 2004, according to the latest ASX Investments Report.

Listed property provided after-tax returns of between 12.3% and 10.0% per annum over the period (depending on income bracket) and Australian shares gave after-tax returns of between 11.6% and 9.2% per annum over the same period. By comparison, residential investment property had after-tax returns of between 10.6% and 8.4% per annum.

ASX Deputy Chief Executive Officer, Colin Scully, says the report is the only one of its kind in the Australian market.

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