Why Pearcedale
Growth-led, low cashflow9.2%/yr capital growth, listings tightening 6.0% YoY.
Drivers
- Capital growth9.2%/yr
- Supply tightening-6.0% YoY
- Population growth+7.8% (5y)
- Tight rentals1.3%
Risks
- Thin gross yield (2.0%)
- No major construction project in this state
Construction ·Suburban Rail Loop East — Cheltenham30.2 kmConstruction · 2035