Why Cannington
Stable but fully priced10.8%/yr capital growth, population +12.6% (5y).
Drivers
- Capital growth10.8%/yr
- Population growth+12.6% (5y)
- Tight rentals1.2%
- Supply tightening-4.0% YoY
Risks
- At top of budget (99% of cap)
- No major construction project in this state