Why Mount Barker
Growth-led, low cashflow9.2%/yr capital growth, tight 1.4% vacancy.
Drivers
- Capital growth9.2%/yr
- Tight rentals1.4%
- Supply tightening-3.0% YoY
- Population growth+6.5% (5y)
Risks
- Thin gross yield (2.4%)
- No major construction project in this state