What is the price of Unit 1006 at Falcon & Alexander, Crows Nest?

Unit 1006 is priced at $2,570,000.

What is the rental yield for this apartment in Crows Nest?

The estimated gross yield for Unit 1006 is 1.3%.

How does this apartment compare to the Crows Nest median unit price?

This apartment is priced $1.62 million above the suburb's $950,000 median unit price.

What lifestyle does Crows Nest offer to residents?

Crows Nest offers urban living with excellent dining, easy Metro access, and a vibrant community.

Is Crows Nest a growth suburb for property buyers?

Yes, Crows Nest units have seen 42.1% price growth over 5 years, with strong demand and urban renewal.

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Residence

Unit 1006

Level 10

Harbour Views Meet Metro Luxury: Crows Nest's Most Exclusive Address Residences

Name: Unit 1006 — Harbour Views Meet Metro Luxury: Crows Nest's Most Exclusive Address Residences
Brand: Local Knowledge Property
Price: 2570000 AUD
Availability: InStock

Falcon & Alexander — Unit 1006 | 2B/2B/1C

8 Alexander St Crows Nest NSW 2065 · Crows Nest, NSW 2065

62ASPIRE

$2,570,000

1.3% gross yield

Residence Configuration

Bedrooms

Bathrooms

Car Space

92m²

Total Area

Aspect: Building F

Financial Analysis

Purchase Price

$2,570,000

NSW Stamp Duty

$123,760

Est. Weekly Rent

$650/wk

Gross Yield

1.32%

Year 1 After-Tax Cashflow

$-39,398

Est. Mortgage (80% LVR)

$2903/wk

6.19% rate, 30yr P&I

Financial projections are estimates only. Yields assume median suburb rents. Stamp duty calculated on NSW 2025/26 rates. Seek independent financial advice.

About This Residence

Priced at $2,570,000, this 2 bedroom apartment in Crows Nest represents a significant $1.62 million premium over the suburb's $950,000 median unit price, targeting a premium, low-yield segment for capital-focused investors. This high-floor, two-bathroom residence offers a low-maintenance lifestyle in a metro-adjacent hub celebrated for its 88/100 walkability and vibrant cafe culture. With an ASPIRE Score™ of 62/100, investors should note the estimated first-year after-tax cashflow of -$39,398, underscoring a strategy reliant on Crows Nest's strong 42.1% five-year unit growth.