Why Throsby
Growth-led, low cashflowpopulation +9.1% (5y), 8.5%/yr capital growth.
Drivers
- Population growth+9.1% (5y)
- Capital growth8.5%/yr
- Supply tightening-4.0% YoY
- Income growth+17.0% (5y)
Risks
- Thin gross yield (1.9%)
- No major construction project in this state