Why Wellington
Thin market · ~4k residentspopulation +6.5% (5y), 3.1% gross yield.
Drivers
- Population growth+6.5% (5y)
- Rental yield3.1%
Risks
- Only 4,096 residents — illiquid, slow to sell
- At top of budget (95% of cap)
Construction ·Sydney Metro — Western Sydney Airport222.5 kmConstruction · 2026