111/8 Merriville Road, Kellyville Ridge NSW 2155

111/8 Merriville Road, Kellyville Ridge NSW 2155
2 bed 2 bath 1 car oversized unit | 6.66% yield at $640 rent | same building sold higher at $520k | modern finishes with balcony and air conditioning This oversized modern apartment in a low-rise Kellyville Ridge complex is competitively strong for its configuration and rental performance. The second bathroom and generous floor plan give it an edge over typical compact two-bedroom stock, appealing to first-home buyers, downsizers, and investors alike. Its reported 6.66% gross yield from a $640 weekly rent signals solid rental economics, while the same-building sale of a similar unit at $520,000 suggests this property may have been priced below internal comparables. The balcony, air conditioning, and outdoor entertaining area add practical appeal for owner-occupiers seeking amenity without house maintenance, and the location near amenities and transport hubs supports ongoing demand. The $500,000 sale price may reflect a discount relative to the same-building comparable, but this could be influenced by factors like floor level, aspect, or condition not confirmed in available data. The reported 6.66% yield is strong for metro apartments, but its sustainability depends on rental demand in the area, which is not fully verified. Without strata details, building age, or floor area, the property’s long-term value may be affected by levies or maintenance costs that are not yet visible. Buyers should weigh the yield strength against the need for strata report review and consider whether the oversized layout justifies any premium over standard units in the building.
Detailed Independent Property Report prepared  by PropCred Analyst team for 111/8 Merriville Road, Kellyville Ridge NSW 2155
Checks found:
Value Risk ✕ 2
Liquidity Risk ! 1
Planning Risk ! 1
Income Risk ! 1
Execution Risk ✕ 2
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Market Insight

Kellyville Ridge is a well-established family suburb in the Hills District, characterised by high household incomes and a long history of consistent capital growth. Demand is driven by owner-occupying families seeking larger homes, supported by strong long-term performance. Recent market conditions show stable house prices with houses selling efficiently, while the unit market has experienced some softening. Future growth is underpinned by its established appeal, though affordability constraints at the upper end of the market and a steady supply of listings present considerations for buyers.
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PropCred Estimated Value

Bedrooms

2

Bathroom

2

Parking

1

Land

2972m²

Research & Review Prepared by Brian Moon, Analyst · Reviewed by Matt Proctor, Principal Analyst
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