Common return works with mains power single wire earth return in Australian country : Microwave radio transmission used earth as the return & telephone exchanges used a common which was also earthed for the 3 voltages of24 , 50 & 130 DC.
In my DC days, I had 6 controllers and was wired for common control/return combined with 40v DC, 12v DC, 19VDC, 15AC for other various uses BUT they all had individual transformers
My DCC layout has a common rail return used for not only the DCC power but also the ancillary supplies I used on my DC days.