Greenway is in the bottom 20% in ACT when comparing median price capital growth over the last year. Greenway gave property investors a dismal capital gain figure when compared to the rest of the state, with -10.27%.
While Greenway,2900 ranked number 57th in ACT for increase in median house value (annualised) increase, it is ranked 50th over the last 5 years.
Property investors looking for a bargain in Greenway should be aiming for at least -6.48% off the asking price, which is the average vendor discount being achieved at the moment.
Advertised rents are around the $420 mark per week – giving a return of 6.17% based on the median price in Suburb