Why Reynella
Stable but fully priced9.8%/yr capital growth, tight 1.2% vacancy.
Drivers
- Capital growth9.8%/yr
- Tight rentals1.2%
- Supply tightening-4.0% YoY
- Population growth+6.5% (5y)
Risks
- At top of budget (92% of cap)
- No major construction project in this state