Why South Tamworth
Growth-led, low cashflowlistings tightening 5.0% YoY, tight 1.3% vacancy.
Drivers
- Supply tightening-5.0% YoY
- Tight rentals1.3%
- Population growth+6.5% (5y)
- Income growth+16.0% (5y)
Risks
- Thin gross yield (2.3%)
- No major construction project in this state
Construction ·Sydney Metro West — Parramatta300.8 kmConstruction · 2030