Why Mullaloo
Growth-led, low cashflowpopulation +12.6% (5y), 9.4%/yr capital growth.
Drivers
- Population growth+12.6% (5y)
- Capital growth9.4%/yr
- Tight rentals1.0%
- Supply tightening-5.0% YoY
Risks
- Thin gross yield (2.2%)
- No major construction project in this state