Why Forest Lake
Stable but fully priced12.8%/yr capital growth, population +10.0% (5y).
Drivers
- Capital growth12.8%/yr
- Population growth+10.0% (5y)
- Supply tightening-7.0% YoY
- Income growth+18.0% (5y)
Risks
- At top of budget (93% of cap)
- No major construction project in this state
Construction ·Cross River Rail — Boggo Road15.8 kmConstruction · 2026