Australian residential property has proven to be the best performing investment over the last 10 and 20 years according to the 2018 Russell Investments/ASX Long Term Investing Report.
According to the report returns for Australian Residential Property have been.
- 8.0% pa over 10 years
- 10.2% pa ovr 20 years
The returns above are averages and individual suburbs may have returned more or less than figures above.
For more detail you can access the full report using the link below.
https://russellinvestments.com/au/insights/asx-long-term-investing-report