There's "something for everyone" in this evolving Canberra suburb

It might not have the distinction of Kingston or Yarralumla, but Greenway locals will tell you they just as freely soak up the lakeside lifestyle. 

Bordering Lake Tuggeranong, Greenway has experienced significant change in recent years, with new high and medium-density developments injecting fresh energy into the area. 

Resident Ashlee Garske moved into a two-bedroom townhouse nearly four years ago and says she enjoys the suburb’s convenient location, walking trails and plethora of dining options.

“We love living here,” she says.

“We’re across the road from the lake, so we’re always out walking the dog – along with everyone else! On weekends, we like to meet up with friends at cafes like Eighty Twenty or Two Before Ten, which has an amazing spot right on the water.”

According to Steve Lowe of Agent Team, Greenway’s “really nice vibe” is drawing a broad demographic of people to the area.   

“We’re meeting all sorts of buyers in Greenway because it offers something for everyone,” he says.

“There’s apartment living, so it has first-home buyer or investor opportunities. Plus it appeals to downsizers who are looking to sell their homes in and around the area and move to somewhere that’s convenient and low maintenance.” 

Lowe adds that the large supply of apartments over the past couple of years has helped to keep a lid on property prices, making it an affordable option for a range of buyers.

“This additional supply has ensured a relatively stable market in Greenway, however, we’re starting to see a bit of an increase in prices now because stock levels are slightly tighter,” he says. 

Greenway is also one of the few Canberra suburbs to feature a build-to-rent development, with the unveiling of the new Emporium complex earlier in the year. This 146-unit building was designed to offer affordable, long-term tenancies for renters.

“The good thing about Greenway is it’s well connected to other parts of Canberra,” Lowe says. “It’s only about 20 minutes from anywhere … [with] every shop you need within the one hub.”

According to recent Domain data, the median price for units is $490,000, with the suburb experiencing 17.5 per cent growth over the past 5 years.

Eat & drink 

South.Point Shopping Centre is a vibrant hub home to diverse eateries, including local favourite Ureshii for the definitive taste of Japan.

The Burrito Bar is the place to sample a selection of Mexican burritos and ribs, while Canberra institutions are well represented with the likes of Brodburger or Two Before Ten down on the lake.

For a family-friendly option, Irish venue PJ O’Reilly’s Tuggeranong serves classic beers and pub food – including a kid’s menu – with live music.

See & do 

Lake Tuggeranong is surrounded by flat bike paths, so it’s the perfect spot for cycling, walking or jogging with the family.

For the more adventurous, there’s always the option of kayaking on the water. When the weather suits, plenty of locals enjoy taking their dogs to socialise at the enclosed Tuggeranong Dog Park.

For the kids, there’s Greenway’s Learn to Ride Park, a fun and colourful park designed to help youngsters learn road safety in an interactive way.

Move in / Greenway

131/161 Mortimer Lewis Drive

Price: $675,000

Agent: Agent Team Canberra, Steve Lowe 0414 720 532

This spacious three-bedroom townhouse features a classic interior across two levels. The open-plan kitchen-dining-living space opens out to a front courtyard, with internal access to the single-car garage on this floor. Other inclusions: double glazing, a European laundry and reverse cycle air conditioning.

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53 Cynthea Teague Crescent

Price: $839,000+

Agent: Agent Team Canberra, Steve Lowe 0414 720 532

This contemporary townhouse is perfect for urban living. The kitchen-living hub features stone benchtops paired with hybrid flooring, while the large main bedroom includes a walk-in wardrobe and a stylish en suite. The generous rear courtyard deck overlooks Lake Tuggeranong. 

By negotiation

53 Cynthea Teague Crescent, Greenway ACT 2900

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90/161 Mortimer Lewis Drive

Price: $685,000+

Agent: The Property Collective, Lisa Silberberg 0416 227 666

Close to Lake Tuggeranong and city centre amenities, this modern townhouse is move-in ready. The neutral-toned kitchen-living area overlooks an enclosed courtyard, while upstairs, the main bedroom, with a walk-in wardrobe and en suite, is segregated from the other two bedrooms.

$665,000+

90/161 Mortimer Lewis Drive, Greenway ACT 2900

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