Why Fremantle
Growth-led, low cashflowpopulation +12.6% (5y), 8.2%/yr capital growth.
Drivers
- Population growth+12.6% (5y)
- Capital growth8.2%/yr
- Supply tightening-6.0% YoY
- Income growth+19.0% (5y)
Risks
- Thin gross yield (1.6%)
- No major construction project in this state