Australian Stock & Housing Market History
Stock Market & Sydney/Melbourne Index - Nominal
Historical return of the Australian stock market and Sydney/Melbourne housing markets from 1882 to 2018/2019. Chart shows the cumulative return of the stock market accumulation index, stock market price index, Australian government bonds, and Sydney/Melbourne house price index if $100 dollars was invested in 1882 (source Brailsford et al., S&P Down Jones Indices, ABS, RBA, Stapledon, N. D. (2012) – updated by author as of 2018).
Stock Market & Sydney/Melbourne Index - Inflation adjusted
Historical return of the Australian stock market and Sydney/Melbourne housing markets from 1882 to 2018/2019. Chart shows the cumulative return of the stock market accumulation index, stock market price index, Australian government bonds, and Sydney/Melbourne house price index if $100 dollars was invested in 1882 (source Brailsford et al., S&P Down Jones Indices, ABS, RBA, Stapledon, N. D. (2012) – updated by author as of 2018). Data adjusted for inflation using inflation values from Brailsford et al. and Stapledon, N. D. (2012) – updated by author as of 2018).
Summary 1882-2018 - Nominal Returns
| Accumulation Index | Stock Price Index | 10 Yr Gov Bonds | Sydney | Melbourne | |
|---|---|---|---|---|---|
| Mean | 11.49% | 6.41% | 5.5% | 5.87% | 6.04% |
| Maximum | 63.7% | 56.6% | 15% | 95.5% | 159.6% |
| Minimum | -43.3% | -45.8% | 2.3% | -30.5% | -18.4% |
| Std. Dev. | 16.3% | 15.7% | 2.9% | 12.75% | 16.01% |
| CAGR | 10.26% | 5.21% | 5.46% | 5.19% | 5.21% |
Table shows summary statistics of the Australian Stock Market Accumulation Index, Price Index, 10 Year Australian Government Bond returns, Sydney and Melbourne median house price index (1882-2018). Statistics include the arithmetic average (i.e. mean), maximum, minimum, standard deviation (Std. Dev.), and geometric average (i.e. CAGR).
Summary 1882-2018 - Real Return
| Accumulation Index | Stock Price Index | 10 Yr Gov Bonds | Sydney | Melbourne | |
|---|---|---|---|---|---|
| Mean | 8.3% | 3.35% | 2.41% | 2.46% | 2.58% |
| Maximum | 50.7% | 44.2% | 21.2% | 78.8% | 137.4% |
| Minimum | -45.3% | -47.7% | -17.4% | -29% | -17.9% |
| Std. Dev. | 16.7% | 16.0% | 4.8% | 11.34% | 13.96% |
| CAGR | 6.91% | 2.01% | 2.29% | 1.90% | 1.92% |
Table shows summary statistics of the Australian Stock Market Accumulation Index, Price Index, 10 Year Australian Government Bond returns, Sydney and Melbourne median house price index (1882-2018). Statistics include the arithmetic average (i.e. mean), maximum, minimum, standard deviation (Std. Dev.), and geometric average (i.e. CAGR). Data is in real terms meaning inflation has been taken into account.
Sydney / Melbourne Median House Price - Nominal
Chart shows the Median house prices for Sydney and Melbourne (June quarter) from 1882-2018 (source Stapledon, N. D. (2012) – updated by author as of 2018). Median prices for Sydney and Melbourne have not been adjusted for inflation.
Sydney / Melbourne Median House Price - 2018 Dollars
Chart shows the Median house prices for Sydney and Melbourne (June quarter) from 1882-2018 (source Stapledon, N. D. (2012) – updated by author as of 2018). Median prices for Sydney and Melbourne have been deflated by the consumer price deflator meaning they represent the value in 2018 dollars.
Stock Market Price Index - Rolling Returns
Australian stock market price index real rolling returns. Chart shows the compound annual growth rate over a rolling 3, 5, 8, 13, and 21 year window (source Brailsford et al., S&P Down Jones Indices, ABS, RBA).
Sydney House Price Index - Rolling Returns
Chart shows the compound annual growth rate of Sydney median house prices over a rolling 3, 5, 8, 13, and 21 year window (source Stapledon, N. D. (2012) – updated by author as of 2018). Data adjusted for inflation.
Melbourne House Price Index - Rolling Returns
Chart shows the compound annual growth rate of Melbourne median house prices over a rolling 3, 5, 8, 13, and 21 year window (source Stapledon, N. D. (2012) – updated by author as of 2018). Data adjusted for inflation.
