299 Stone Mason Drive, Kellyville NSW 2155
299 Stone Mason Drive, Kellyville NSW 2155
3 beds, 2 baths, 2 car spaces | Reserve-facing townhouse | Built 2019, modern finish | Park outlook, no rear neighbours | Strata-managed, low-maintenance
This townhouse holds a clear competitive edge in Kellyville’s newer housing stock. The 2019 build means contemporary fixtures, ducted air conditioning, and a practical open-plan layout that older homes on the street lack. The park-facing position with uninterrupted reserve views and no face-to-face neighbours is genuinely rare for a townhouse format—it delivers the privacy of a detached house without the upkeep. Two secure garage spaces add further utility, especially for families with two cars or storage needs. This property suits owner-occupiers seeking low-maintenance family living near schools and transport, and it should also attract investors given steady rental demand in the area.
The strata structure introduces quarterly levies around $764, which affects ongoing costs but is typical for this property type and not excessive given the complex’s condition. The headline land figure of 1.25 hectares reflects the broader strata parcel rather than the dwelling’s usable lot, so the effective land component is the 144 m² block—this may temper price growth compared to free-standing houses. School catchment data varies between sources, so buyers should verify boundaries directly. The property’s modern finish, reserve outlook, and dual-car garaging are the strongest value drivers, while the townhouse format and strata fees may limit upside relative to detached stock.
|| Comparable Sales: 291 Stone Mason Drive, similar townhouse, sold $1.299M | Property Price Band: $1.2M–$1.3M | Value Drivers: Reserve outlook, 2019 build condition, two-car garage layout
Detailed Independent Property Report prepared by PropCred Analyst team for 299 Stone Mason Drive, Kellyville NSW 2155
Checks found:
Value Risk
Liquidity Risk
Planning Risk
2
Income Risk
Execution Risk
1
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Market Insight
Kellyville Ridge’s house market is anchored by families prioritising schools and parks, with first-home buyers and downsizers gravitating to units. House prices reached a median of $1.945 million over the past 12 months, with annual growth of 2.3% according to one provider, though another records a slight contraction of 0.5%. Units median at $823,750, growing 0.7%. Houses average 34–42 days on market, with 324–332 sales in the year, indicating consistent turnover. Rents for houses sit at $940–$950 per week, delivering a gross yield of 2.61%; units rent for $680–$750 weekly with a firmer 4.23% yield. These figures suggest a market balanced between steady family demand and investor interest in the higher-yielding unit segment, albeit with limited price momentum.
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PropCred Estimated Value
Comparable Sales: 291 Stone Mason Drive, similar townhouse, sold $1.299M | Property Price Band: $1.2M–$1.3M | Value Drivers: Reserve outlook, 2019 build condition, two-car garage layout
Bedrooms
3
Bathroom
2
Parking
2
Land
1.25 ha
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