100/161 Mortimer Lewis Drive, Greenway ACT 2900

100/161 Mortimer Lewis Drive, Greenway ACT 2900
Uncertain valuation range | modest energy rating | limited private outdoor space | recent build but no proven rental yield floor. The property carries a wide valuation spread of $70,000 between low and high estimates, which signals low confidence in current market pricing and creates real negotiation leverage for a buyer who can anchor on the lower bound. The 6/10 energy rating, while above minimum, will not materially reduce holding costs compared to higher-rated builds, and the dual reverse-cycle systems may partially offset this. The unit is best suited as a medium-term hold for an owner-occupier who values new construction and Lake Tuggeranong views over capital growth certainty, rather than a yield-focused investor. What makes this townhouse competitively rare is its end-unit configuration with only one shared wall, freshly painted interiors, and direct access to communal gardens while still sitting in a 2021 build. For a buyer, these features translate directly into lower ongoing maintenance, better noise separation than typical strata units, and a lifestyle position that will appeal to downsizers and second-home buyers in the resale market. The property best serves a professional couple or small family working in Tuggeranong or Woden who want lock-and-leave convenience without sacrificing space. Set a hard top of $690,000 based on the low-end valuation and use the wide bidder pool of 56 sales this year to test the vendor’s floor at auction.

Independent, Unbiased Research Report for this property by PropCred Analyst teamΒ 

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Market Insight:

Greenway presents a balanced entry point with a clear price differential between houses and units, attracting a younger demographic. Recent market conditions show houses transacting at a measured pace, while broader data suggests a national environment of elevated supply. Future growth will hinge on local infrastructure development and the suburb’s appeal to this core demographic, though it remains exposed to the prevailing market headwinds of increased seller activity.
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PropCred Estimated Value

Bedrooms

3

Bathroom

2

Parking

2

Land

2.93 ha

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