104/35 Oakden Street, Greenway ACT 2900
104/35 Oakden Street, Greenway ACT 2900
Upper-floor unit in 2017 complex | two car spaces | strong rental demand | near college catchment | above-average EER
This unit presents a competitively modern offering within its suburb, distinguished by its two car spaces and recent construction date, which are not universal in Greenway’s unit market. Its six-star energy rating and dual bathrooms enhance liveability and operational cost efficiency, positioning it strongly for an owner-occupier seeking a low-maintenance home or an investor targeting the demonstrated rental demand from young professionals and small families in Tuggeranong.
The primary financial commitment is the quarterly strata levy, which is material and must be factored as a fixed cost impacting yield. The location, while serviced by local amenities, is peripheral and will appeal to a specific, cost-conscious segment rather than the broader market. Acquire this property as a long-term hold to benefit from rental coverage; its newer build reduces near-term capital expenditure risk for an investor, while an owner-occupier gains a turn-key property in a practical location.
Independent, Unbiased Research from our PropCred Analyst teamÂ
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.