307/2 Affleck Circuit, Kellyville NSW 2155

307/2 Affleck Circuit, Kellyville NSW 2155
2-bed flat, dual parking | walk to metro & shops | premium strata location | strong rental yield This property presents a rare configuration advantage in the Kellyville market: a two-bedroom apartment with two secure car spaces and a study nook, which positions it above typical investor-grade units. Its proximity to Bella Vista Metro and Kellyville Grove shopping centre provides a lifestyle edge that supports both owner-occupier appeal and tenant demand. The modern finishes, including an entertainer’s kitchen and air conditioning, reduce immediate renovation needs. The property suits a professional couple or small family seeking low-maintenance living with strong capital growth potential linked to the Norwest Business Park corridor. The primary risk lies in the 2023 purchase price of $760,000 and the recent comparable sale at $740,000, suggesting flat or slightly declining values in the immediate building. This may indicate oversupply or softening demand in this specific complex. However, the estimated valuation range of $780,000 to $930,000 implies room for recovery if the broader Kellyville market strengthens. The absence of bushfire, flood, or heritage overlays reduces insurance and regulatory risk. The opportunity is in the rental yield: at $765 per week, the property offers a gross yield above 4.6%, which is competitive for the area and provides income security while waiting for capital appreciation.
Detailed Independent Property Report prepared  by PropCred Analyst team for 307/2 Affleck Circuit, Kellyville NSW 2155
Checks found:
Value Risk ✓
Liquidity Risk ! 1
Planning Risk ✕ 2
Income Risk ✕ 2
Execution Risk ✓
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Market Insight

Kellyville Ridge presents as a family-oriented suburb with a clear market segmentation. Demand is driven by families seeking established amenities, alongside first home buyers and downsizers attracted to its more affordable unit segment. The housing market has demonstrated relative stability, while units offer stronger rental yields. Future growth will be anchored by its established appeal to these core demographics, though the market’s trajectory remains sensitive to broader economic conditions influencing buyer sentiment.
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PropCred Estimated Value

Bedrooms

2

Bathroom

2

Parking

2

Land

1.44 acres

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