Why Numurkah
Thin market · ~5k residentspopulation +7.8% (5y), 3.8% gross yield.
Drivers
- Population growth+7.8% (5y)
- Rental yield3.8%
Risks
- Only 4,604 residents — illiquid, slow to sell
- At top of budget (96% of cap)
Construction ·North East Link — Bulleen189.9 kmConstruction · 2028