Join Australia's most dynamic and respected property investment community

Average % capital growth over 15 years- how work it out

Discussion in 'Accounting & Tax' started by Seal, 7th Aug, 2015.

  1. Seal

    Seal Well-Known Member

    Joined:
    10th Jul, 2015
    Posts:
    163
    Location:
    NSW
    I was wondering what's the easiest way to work out the average percentage capital growth over a 15 year period for a suburb

    eg from 2000- 2014 (15 years)
    yr 2000 = $129K
    yr 2014 = $550k

    Specifics for the years are:
    2000 $129,000 1.60%
    2001 $149,998 16.30%
    2002 $205,000 36.70%
    2003 $263,250 28.40%
    2004 $308,500 17.20%
    2005 $307,500 -0.30%
    2006 $330,000 7.30%
    2007 $420,800 27.50%
    2008 $427,000 1.50%
    2009 $450,000 5.40%
    2010 $468,500 4.10%
    2011 $490,000 4.60%
    2012 $453,350 -7.50%
    2013 $485,000 7.00%
    2014 $550,000 13.40%
     
  2. FireDragon

    FireDragon Well-Known Member

    Joined:
    31st Jul, 2015
    Posts:
    171
    Location:
    Australia
    10^(log (550/129) / 15) - 1 = 10.15%
     
    Seal and larrylarry like this.
  3. Paul@PFI

    Paul@PFI Tax Accounting + SMSF Business Member

    Joined:
    18th Jun, 2015
    Posts:
    2,400
    Location:
    Sydney
    And what does that prove? If there is a loan the change in debt also factors in as does the net cash flows in each year. Allow for taxes?