Why Dandenong
Growth-led, low cashflowlistings tightening 6.0% YoY, population +7.8% (5y).
Drivers
- Supply tightening-6.0% YoY
- Population growth+7.8% (5y)
- Capital growth6.9%/yr
- Tight rentals1.3%
Risks
- Thin gross yield (2.2%)
- No major construction project in this state
Construction ·Suburban Rail Loop East — Clayton10.8 kmConstruction · 2035