Why Undercliffe
Stable entry point$4.2bn pipeline incl. WestConnex M4–M5 Link, listings tightening 5.0% YoY.
Drivers
- Infrastructure pipeline$4.2bn nearby
- Supply tightening-5.0% YoY
- Tight rentals1.3%
- Population growth+6.5% (5y)
Risks
- Thin gross yield (1.1%)
Construction ·WestConnex M4–M5 Link2.0 kmRecently completed · 2024