Ding Real EstateIntegrated Property Financial Advisory
CPA Public Practice·AFSL Since 2001·Licensed Real Estate·$300M+ Settled
Residence
Unit 1011
Level 10
Harbour Views Meet Metro Luxury: Crows Nest's Most Exclusive Address Residences
Falcon & Alexander — Unit 1011 | 3B/2B/1C
8 Alexander St Crows Nest NSW 2065 · Crows Nest, NSW 2065
61ASPIRE
$4,000,000
0.8% gross yield
Residence Configuration
3
Bedrooms
2
Bathrooms
1
Car Space
141m²
Total Area
Aspect: Building F
Financial Analysis
Purchase Price
$4,000,000
NSW Stamp Duty
$280,000
Est. Weekly Rent
$650/wk
Gross Yield
0.84%
Year 1 After-Tax Cashflow
$-70,783
Est. Mortgage (80% LVR)
$4518/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
Despite a below-average ASPIRE Score of 61/100, this 3 bedroom apartment Crows Nest investment presents a compelling financial picture with a purchase price of $4,000,000 against a $950,000 suburb median, underscoring its premium positioning. The high-floor 3/2/1 configuration offers expansive 141m² internal living within walking distance of the new metro station and Willoughby Road's vibrant cafe culture. Investors should note the strong rental demand, evidenced by the suburb's 1.8% vacancy rate, though the $70,783 first-year negative cashflow requires a long-term capital growth strategy aligned with the area's 12.2% annual unit growth.
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Related Insights
Crows Nest Suburb Profile
2065 · Median $950K
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