Why Palona
Stable but fully priced4.0% gross yield, listings tightening 4.0% YoY.
Drivers
- Rental yield4.0%
- Supply tightening-4.0% YoY
- Tight rentals1.3%
- Population growth+6.5% (5y)
Risks
- At top of budget (100% of cap)
- No major construction project in this state
Construction ·WestConnex M4–M5 Link20.3 kmRecently completed · 2024