Why Joondanna
Stable but fully pricedpopulation +12.6% (5y), listings tightening 9.0% YoY.
Drivers
- Population growth+12.6% (5y)
- Supply tightening-9.0% YoY
- Capital growth9.4%/yr
- Tight rentals1.0%
Risks
- At top of budget (95% of cap)
- Thin gross yield (1.8%)