Why Para Hills
Stable but fully priced10.2%/yr capital growth, listings tightening 5.0% YoY.
Drivers
- Capital growth10.2%/yr
- Supply tightening-5.0% YoY
- Tight rentals1.3%
- Population growth+6.5% (5y)
Risks
- At top of budget (99% of cap)
- No major construction project in this state