Decade

Inflation

Economic Growth - Above Inflation

(e.g. during the 1910's economic growth was 6.7%; which after inflation of 5.6% is real growth of 1.1%)

Cash Return

House Price Returns (growth in value plus rent)

Share market Returns (growth in value plus dividends - does not include the value of franking credits)

1910's

5.6%

1.1%

4.8%

Not Avail.

9.7%

1920's

-1.6%

0.8%

5.9%

Not Avail.

15.4%

1930's

1.5%

3.6%

4.1%

4.2%

10.2%

1940's

8.0%

3.5%

3.2%

7.8%

10.1%

1950's

3.9%

3.7%

4.5%

16.1%

15.3%

1960's

3.1%

5.3%

5.0%

15%

14.0%

1970's

10.5%

3.0%

8.9%

16.2%

8.6%

1980's

8.0%

3.0%

13.5%

15.8%

17.7%

1990's

2.5%

3.3%

8.5%

6%

11.0%

2000's

(to end 2008)

3.3%

3.2%

5.7%

10.8%

6.0%

AVERAGE

4.48%

3.05%

6.41%

11.49%

11.80%