122/1 Rowland Rees Cres, Greenway ACT 2900

122/1 Rowland Rees Cres, Greenway ACT 2900
Townhouse in a medium-density Greenway complex | 2–3 bed, 2 bath, 2 car typical | Modern finishes with stone benchtops and ducted climate control | Bushfire planning overlay noted | Strong rental demand around $685/week equivalent This townhouse sits within a well-established, landscaped complex that offers a low-maintenance lifestyle with genuine appeal to downsizers, first-time buyers, and investors alike. The configuration is practical rather than showy—typically two to three bedrooms, two bathrooms, and secure double parking—which matches what the local market consistently absorbs. The modern internal package, including quality kitchen appliances, floorboards, and built-in robes, positions it competitively against older stock in the area. Its location near Tuggeranong Town Centre, schools, and transport links adds everyday convenience that supports both owner-occupier comfort and tenant demand. For a buyer seeking a solid, move-in-ready townhouse in a quiet, park-adjacent pocket, this property delivers dependable value without premium pricing. The bushfire management planning control is a factor worth weighing, though it does not appear to restrict normal residential use. The property’s value may hinge on its exact internal size and condition relative to comparable units in the same complex, as those vary noticeably—some offer around 91 square metres while others reach 130 square metres. The wide price spread in recent sales suggests that presentation, floor level, and layout will materially influence what a buyer should pay. Rental yield potential appears reasonable, but the final figure will depend on the precise configuration and any upgrades already completed. || Comparable Sales: 104/1 sold around $770k; 126/1 guided $549k–$569k | Property Price Band: $550k–$850k | Value Drivers: internal size, condition, floor level, and parking configuration
Detailed Independent Property Report prepared  by PropCred Analyst team for 122/1 Rowland Rees Cres, Greenway ACT 2900
Checks found:
Value Risk ! 1
Liquidity Risk 2
Planning Risk ! 1
Income Risk
Execution Risk 2
WhatsApp
Copy link
URL has been copied successfully!
FbMessenger
WeChat

Market Insight

Greenway offers a mid-priced entry point in the Canberra market, with median house values at $560,000 and units at $519,500 over the year to March 2026. Unit yields are close to 5.5 per cent, and a two-bedroom house at 15 Watts Street indicates rental demand supports investor interest. Houses spend a median 45 days on market, with just 41 house sales in the past year—a thin, low-turnover market. Demand comes from first-home buyers and yield-focused investors attracted to affordability and unit returns. Future growth is constrained by broader supply pressures: national data shows sellers outnumbered buyers by a record 47 per cent in December 2025, which could prolong soft price conditions. Lack of vacancy and local growth data limits a fuller risk assessment, though the suburb’s low price base provides some downside protection.
WhatsApp
Copy link
URL has been copied successfully!
FbMessenger
WeChat

PropCred Estimated Value

Comparable Sales: 104/1 sold around $770k; 126/1 guided $549k–$569k | Property Price Band: $550k–$850k | Value Drivers: internal size, condition, floor level, and parking configuration

Bedrooms

3

Bathroom

2

Parking

2

Land

2.6 ha

Research & Review Prepared by Steve Dalton, Senior Analyst · Reviewed by Matt Proctor, Principal Analyst
WhatsApp
Copy link
URL has been copied successfully!
FbMessenger
WeChat