Why Seddon
Stable but fully priced$6.8bn pipeline incl. West Gate Tunnel, listings tightening 7.0% YoY.
Drivers
- Infrastructure pipeline$6.8bn nearby
- Supply tightening-7.0% YoY
- Income growth+21.0% (5y)
- Population growth+7.8% (5y)
Risks
- At top of budget (97% of cap)
- Thin gross yield (2.5%)
Construction ·New Footscray Hospital1.0 kmConstruction · 2026