Greenway ACT Property Investment

THE MARKET

Greenway recorded 9.0% annual price growth over the past 5 years — a $560,000 house bought in 2019 would be worth approximately $363,962 today. Properties are sitting on the market for 43 days (roughly balanced conditions).

- **Median house:** $560,000 | **Units:** $423,511 - **Gross yield:** 5.0% | **Net yield:** 3.5% - **Vacancy:** 1.7% (improving) | **Rental demand:** High - **5yr price growth:** 9.0%/yr | **3yr forecast:** 10.2%/yr - **Days on market:** 43 (stable)

STR potential: $170/night at 67% occupancy = ~$41,574/yr gross. That's a **48% premium** over long-term rent — but factor in higher management costs and council rules.

BULL CASE

If Greenway maintains 3%+ annual growth and vacancy stays below 1.2%, median prices could reach $644,000 within 3 years with yields compressing slightly as capital values rise.

Notable infrastructure: **Greenway Ice Sports Facility** (planned). Plus 2 more projects in the pipeline.

BEAR CASE

A market correction or interest rate shock could see prices in Greenway pull back 10-15% from $560,000, with vacancy rising to 3.1% and rental yields softening as tenants gain leverage.

WHAT TO DO

Greenway presents a compelling investment opportunity. The combination of solid fundamentals and high rental demand supports entry at current price levels. Proceed with due diligence on specific properties. Target gross yields above 5.0% and prioritise properties with value-add potential. Consider timing entry around the current growth phase of the market cycle.

- Entry range: $504,000 – $616,000 - Minimum yield to target: 5.3% - Watch signal: vacancy staying below 2% and days on market falling below 35

This analysis is for informational purposes only and does not constitute financial, legal, or investment advice. Seek professional advice before making investment decisions.