Why Lauderdale
Stable but fully pricedlistings tightening 5.0% YoY, tight 1.3% vacancy.
Drivers
- Supply tightening-5.0% YoY
- Tight rentals1.3%
- Capital growth6.2%/yr
Risks
- At top of budget (94% of cap)
- Thin gross yield (2.5%)
Construction ·Macquarie Point Stadium12.5 kmPlanned · 2029