Why Perth
Stable but fully pricedpopulation +12.6% (5y), listings tightening 8.0% YoY.
Drivers
- Population growth+12.6% (5y)
- Supply tightening-8.0% YoY
- Income growth+21.0% (5y)
- Capital growth8.2%/yr
Risks
- At top of budget (93% of cap)
- Thin gross yield (1.5%)