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Suburb Insights ยท ACT 2900

Greenway 2900, Australian Capital Territory

ABS 2021 Census ยท Updated 31 March 2026

Suburb Overview

Greenway is a well-established middle-ring suburb of Canberra, Australia, with a population of approximately 4,129, making it a boutique locality. Located approximately 16 km from the Canberra CBD, Greenway is a middle ring area in Australian Capital Territory. The median household income is $96,564 AUD per year (ABS 2021 Census).

Investment Score

67 / 100 Good

Above-average earnings in Greenway support sustained property values.

Location

Map shows Greenway, Australian Capital Territory, Australia.

Key Indicators

Postcode
2900

Official Australia Post postcode for Greenway. A postcode may cover multiple suburbs.

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Population
4,129

Usual resident population at census night. Source: ABS 2021 Census of Population and Housing.

ABS Census Data โ†’
Median Rent (weekly)
$450/wk

Weekly median rent for occupied private dwellings. Source: ABS 2021 Census. Live rental data integration coming soon.

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Median Household Income
$96,564/yr

Annual median household income (before tax) for all households. Source: ABS 2021 Census.

ABS Census Data โ†’
Distance to CBD
16 km

Straight-line distance from the suburb centroid (ABS 2021 SAL geography) to the nearest capital city CBD. Actual driving distance will be longer.

Lifestyle & Amenities

Schools nearby
1

Estimated 1 school within or near this suburb based on ABS 2021 data.

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Parks & green spaces
2

Estimated 2 parks and green spaces near this suburb. Source: ABS 2021 data.

Median Mortgage (monthly)
$1,625/mo

Monthly median mortgage repayment for households currently paying off a mortgage. Source: ABS 2021 Census.

ABS Census Data โ†’
Dwelling Type
2% houses

Proportion of separate houses vs units, townhouses, and other dwelling types. Source: ABS 2021 Census. Relevant for investors assessing rental demand mix.

ABS Census Data โ†’

Investment Insight

Greenway's middle-ring location balances affordability with accessibility. These suburbs often benefit from established infrastructure, good schools, and transport links โ€” making them attractive to families and long-term tenants. The median rent of $450/week (ABS 2021) indicates a mid-range rental market. Owner-occupiers face a median mortgage repayment of $1,625/month. The median household income of $96,564/year reflects a solid demographic, supporting sustainable rental demand. With only 2% separate houses, Greenway has a significant apartment and unit market โ€” typical of inner-city investment corridors.

Investment Strategy

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Buy & Hold

Solid fundamentals in Greenway support capital growth over a medium to long hold period.

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Rental Yield

Greenway's rental market favours investors seeking yield โ€” occupancy rates are typically strong in this area.

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Renovation / Flip

The resale market in Greenway may not support quick-turnaround renovation projects.

Risk Factors

Run the numbers on a Greenway property

Full Property Analysis

30-year projections for Greenway

Scenario comparison, cash flow analysis, tax modelling, and PDF export โ€” all in one place.

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2026 Outlook

Growth: Strong Rental Demand: Moderate Investor Sentiment: Moderate

The outlook for capital growth in Greenway is encouraging heading into 2026, driven by constrained supply and buyer competition. The rental market in Greenway should see steady occupancy, with moderate upward pressure on rents. Investor sentiment is cautiously optimistic โ€” selective opportunities exist for well-researched buyers.

Frequently Asked Questions

Is Greenway a good suburb for investment?

Greenway is a middle ring area in Australian Capital Territory with a population of 4,129. The median rent is $450/week and the median household income is $96,564/year (ABS 2021 Census). As with any property investment, conduct thorough due diligence on current listings, vacancy rates, and local infrastructure plans before committing.

What drives property demand in Greenway?

Key demand drivers in Greenway include established amenities and transport access. 2% of dwellings are separate houses. The area has approximately 1 schools and 2 parks nearby.

What is the population of Greenway?

According to the ABS 2021 Census, Greenway has a population of approximately 4,129. For historical population trends and intercensal estimates, visit the ABS Census Data Explorer at abs.gov.au.

How far is Greenway from the Canberra CBD?

Greenway is approximately 16 km straight-line distance from the Canberra CBD (calculated from ABS 2021 suburb centroid coordinates). This is within comfortable commuting range with good transport links.

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