Why Montmorency
Stable but fully priced10.2%/yr capital growth, listings tightening 7.0% YoY.
Drivers
- Capital growth10.2%/yr
- Supply tightening-7.0% YoY
- Population growth+7.8% (5y)
- Income growth+17.0% (5y)
Risks
- At top of budget (93% of cap)
- Thin gross yield (1.6%)
Construction ·North East Link — Bulleen7.1 kmConstruction · 2028