Why Ivanhoe East
Stable but fully priced$11.0bn pipeline incl. North East Link — Bulleen, listings tightening 7.0% YoY.
Drivers
- Infrastructure pipeline$11.0bn nearby
- Supply tightening-7.0% YoY
- Population growth+7.8% (5y)
- Income growth+17.0% (5y)
Risks
- At top of budget (92% of cap)
- Modest 5y growth (1.2%/yr)
Construction ·North East Link — Bulleen0.9 kmConstruction · 2028