Redcliffe Peninsula

Um, I remember this deal well.

It's, it's, yeah, it is a, it's an older weatherboard home, which is very, very typical for, very typical for the Redcliffe Peninsula.

Um, and, you know, the, the longer you hold these assets, this is the thing, it's, it's a, it's a diminishing return once you get past full growth rate potential, right? Um, and whilst there might be a little bit left in the tank, the longer that you hold these properties for, the more likely that there is that a, a, a large maintenance problems arise or continual maintenance problems arise.

And the fact that he's already mentioned it within there too, it just shows case in point that it does, they do have it every year, right? It's a house.

Yes, that means that house value is almost doubled in two years.

There were also strong results from Anna Brisbane, the Gold Coast and the Redcliffe Peninsula, all in southeast Queensland, Tea Tree Gully in Adelaide and Canterbury Bankstown in Sydney.

Now, these were not speculative markets.

They were markets chosen because of the underlying fundamentals supporting the case for growth.