Why Bulleen
Late-cycle hold$9.8bn pipeline incl. North East Link — Bulleen, population +7.8% (5y).
Drivers
- Infrastructure pipeline$9.8bn nearby
- Population growth+7.8% (5y)
- Supply tightening-5.0% YoY
- Tight rentals1.4%
Risks
- Thin gross yield (1.8%)
- Modest 5y growth (3.4%/yr)
Construction ·North East Link — Bulleen1.1 kmConstruction · 2028