Why Mornington
Stable but fully pricedlistings tightening 5.0% YoY, 7.0%/yr capital growth.
Drivers
- Supply tightening-5.0% YoY
- Capital growth7.0%/yr
- Tight rentals1.3%
Risks
- At top of budget (98% of cap)
- No major construction project in this state
Construction ·Macquarie Point Stadium5.7 kmPlanned · 2029