301/42 Armbruster Avenue North Kellyville NSW 2155
301/42 Armbruster Avenue North Kellyville NSW 2155
2 bed apartment with 122mΒ² land |aligns with $600k comps |47 day unit sales pace |steady rental $680pw|This two-bedroom apartment on a 122sqm lot suits downsizers or young professionals seeking low-maintenance living near family-oriented amenities. Its generous land allocation for an apartment stands out in a street dominated by larger house blocks and similar mid-rise units, offering practical space for indoor-outdoor flow without the upkeep of a full house. In practical terms, the single parking space and two bathrooms support everyday convenience for small households, while the 122sqm footprint provides roomier proportions than typical units in the area. Buyers drawn to these setups often include first-home couples or investors eyeing reliable yields around 5 percent, given recent comps holding firm at $600,000 despite a slight quarterly dip. Comparable two-bedroom units on Armbruster Avenue have transacted between $600k and $670k over the past year, typically after 75 days on market, positioning this property competitively in the $610k-640k estimated range. Its location within a developing pocket of North Kellyville enhances accessibility to local schools and childcare, appealing to those balancing work in nearby business parks with family needs. Long-term, the apartment’s holding value benefits from the suburb’s unit median tracking above $660k and low vacancy pressures, making it a solid anchor for portfolios amid population growth. While not the newest build, its scale relative to peers suggests resilience against downward price corrections seen in smaller floorplan rivals. Overall, it occupies a balanced niche for steady capital preservation rather than speculative gains.
Independent, Unbiased Research Report for this property by PropCred Analyst teamΒ
Market Insight:
North Kellyville is a master-planned Hills District suburb attracting families seeking new housing. Demand is strong but supply is ongoing. Infrastructure is improving but still developing. Buyer competition is consistent but not extreme. Growth is steady but moderated by continuous development.