Why Marion
Stable but fully priced9.2%/yr capital growth, tight 1.2% vacancy.
Drivers
- Capital growth9.2%/yr
- Tight rentals1.2%
- Supply tightening-4.0% YoY
- Population growth+6.5% (5y)
Risks
- At top of budget (94% of cap)
- Thin gross yield (2.2%)