Eureka Group Holdings (EGH) AGM 2026 presentation summary

Portfolio profile

• 70 villages and 5,492 homes and sites; $666m assets under management, pro forma for post-FY26 transactions and acquisitions.

• Seniors rental: 3,061 homes at 97% occupancy at 30 June 2026; all-age rental: 2,431 homes and sites at 95% long-term occupancy.

• More than 95% of seniors residents receive the pension and/or rent assistance; rents are linked to CPI.

Trading and demand

• Rental villages deliver stable, CPI-supported cashflows; occupancy remains consistent, with most villages at capacity and rents supported by constrained supply and resilient demand.

• National residential vacancy rate was 1.4% at 30 September 2026; Brisbane was 0.9% and Perth 0.6%, versus 3.0% for a balanced market.

• Enquiries rose 15% YoY to 291 a week and inspections increased 22%; July-October move-ins were 235, in line with 244 a year earlier, as availability constrained move-ins.

• NSW Living Portfolio adds six lifestyle communities across Sydney, Central Coast, Hunter and Shoalhaven.

Rental market and supply

• National rents rose 5.5% YoY to September 2026; combined regional rents increased 5.6%.

• From March 2006 to March 2026, rents increased 126.6% cumulatively versus 79.8% for wages; rental growth has reaccelerated since mid-2025.

• Key urban rental vacancy rates were near decade lows at ~1.1%, against a 3.0% balanced-market level; the presentation cites ongoing supply constraints.

• House prices fell 4.3% over the September quarter while rents continued to rise; slower commencements and weaker investor activity were reducing rental additions.

• Private landlords own 83% of Australian rental dwellings; institutional/corporate landlords provide 5%, compared with 30% across key OECD countries.