This report came across my desk a couple of weeks ago and I thought it’d be great to send it to you.
The title of the report is…
> Investment returns from rental housing in Melbourne, 1998-2009
> Department of Human Services Victoria
Now I know it’s Melbourne-centric, but regardless of what State you live in, it really does show you how property has consistently performed over the last 11 years.
…note, that when it was finished off, it would not have included a large chunk of 2009 which was a big year in the Melbourne market at least.
If you are at all remotely interested in hard data on real estate, this will be valuable to you.
You can download it here.
It’s got lots of charts on property returns, growth, rental yields and vacancy rates… The lot!
Just remember that public servants put this together, it’s a pretty good job but it’s written in a bland style. The information that you can get form it though is priceless.