Suburb Profile Report for Greenway ACT (2900)

Greenway Unit: Median price $335,250, Annual capital growth -1.49%, Number of sales 106, Weekly median advertised rent $450

House
Unit

Source: CoreLogic RP Data

Median price
Number of sales

Source: CoreLogic

Unit Report

Property investors who have had real estate in Greenway, 2900 should be relatively unhappy with this ACT suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices decrease in value by -3.94%

Across a shorter period, Greenway, 2900 has seen a median price increase of 3.15% over the last quarter.

When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Greenway, 2900. Typically our figures indicate that -5.49% is being offered, which puts this ACT suburb at 575th most discounted overall in Australia.

Greenway, 2900’s gross rental yield is 6.98%

Metrics	HOUSE	UNIT
Median price	N/A	$335,250
Quarterly growth	N/A	3.15%
12-month growth	N/A	-3.94%
Average Annual Growth	N/A	-1.49%
Weekly median advertised rent	N/A	$450
Number of sales	N/A	106
Gross rental yield	N/A	6.98%
Days on market	N/A	74.19

Source: CoreLogic

DSR Score for property investment : Balanced (H), Good (U)

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Demographics

Total population	1453
Median household income ($/weekly)	1699
Median age of persons	35
Median housing loan repayment ($/monthly)	1888
Average household size	2

Census	Count	Percent(%)
20-24 years	123	8.5
25-34 years	343	23.6
35-44 years	194	13.4
45-54 years	164	11.3
55-64 years	201	13.8
Others	428	29.5

Age Group

Census	Count	Percent(%)
Not Married	600	50.0
Registered Married	460	38.3
Defacto Relationship	141	11.7

Social Marital Status

Census	Count	Percent(%)
Australia	998	70.6
Indonesia	68	4.8
Papua New Guinea	24	1.7
United Kingdom	89	6.3
Other	62	4.4
Others	172	12.2

Country of Birth

Census	Count	Percent(%)
Buddhism	51	3.7
Christianity	790	57.6
Hinduism	50	3.6
Islam	44	3.2
No Religion	415	30.2
Others	22	1.6

Religious Affiliation

Census	Count	Percent(%)
$800-$999	47	7.3
$1,250-$1,499	62	9.6
$1,500-$1,999	99	15.3
$2,000-$2,499	86	13.3
$2,500-$2,999	90	13.9
Others	262	40.6

Gross Household Income (Weekly)

Census	Count	Percent(%)
Employed, worked full-time	674	53.3
Not in the labour force	337	26.6
Employed, worked part-time	181	14.3
Employed, away from work	50	4.0
Unemployed, looking for work	23	1.8

Person Characteristics

Census	Count	Percent(%)
Managers	141	15.5
Professionals	276	30.4
Technicians & trades workers	82	9.0
Community & personal service workers	70	7.7
Clerical & administrative workers	200	22.1
Others	138	15.2

Occupation

Census	Count	Percent(%)
Infants/Primary	62	26.2
Secondary	55	23.2
Technical or Further Educational Institution	49	20.7
University or other Tertiary Institutions	46	19.4
Other type of educational institution	14	5.9
Others	11	4.6

Type of Educational Institution Attending

Census	Count	Percent(%)
Semi-detached, row or terrace house, townhouse	817	58.4
Flat, unit or apartment	422	30.2
Separate house	159	11.4
Caravan, cabin, houseboat	0	0.0
Improvised home, tent, sleepers out	0	0.0
Others	0	0.0