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Residence
Unit 1209
Level 12
Harbour Views Meet Metro Luxury: Crows Nest's Most Exclusive Address Residences
Falcon & Alexander — Unit 1209 | 2B/2B/1C
8 Alexander St Crows Nest NSW 2065 · Crows Nest, NSW 2065
62ASPIRE
$2,630,000
1.3% gross yield
Residence Configuration
2
Bedrooms
2
Bathrooms
1
Car Space
96m²
Total Area
Aspect: Building F
Financial Analysis
Purchase Price
$2,630,000
NSW Stamp Duty
$127,060
Est. Weekly Rent
$650/wk
Gross Yield
1.29%
Year 1 After-Tax Cashflow
$-40,715
Est. Mortgage (80% LVR)
$2971/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
While priced at a premium $2,630,000 against the suburb median, this exclusive 2 bedroom apartment in Crows Nest trades immediate yield for long-term capital growth in a market with a 42.1% 5-year unit trajectory. The 12th-level position in this metro-adjacent building offers a low-maintenance lock-and-leave lifestyle for professionals, directly capitalising on the suburb's 88/100 walkability score. Its ASPIRE Score™ of 62/100 signals a strategic, growth-focused asset where the estimated $-40,715 first-year cashflow is offset by profound rental demand in a vacancy-tight 1.8% market.
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Related Insights
Crows Nest Suburb Profile
2065 · Median $950K
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