What is the price of Unit 1302 at 8 Alexander St, Crows Nest?

Unit 1302 is priced at $2,320,000.

What is the rental yield for this apartment?

The estimated gross rental yield for Unit 1302 is 1.5%.

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

This apartment is priced significantly above the Crows Nest median unit price of $950,000, reflecting its premium features and location.

What are the key lifestyle features of this Crows Nest apartment?

High-floor harbour views, direct metro access, walkability to cafes and dining, and a secure, exclusive building.

Is Crows Nest a good suburb for capital growth?

Crows Nest units grew 12.2% last year and 42.1% over five years, indicating strong capital growth potential.

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Residence

Unit 1302

Level 13

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

Name: Unit 1302 — Harbour Views Meet Metro Luxury: Crows Nest's Most Exclusive Address Residences
Brand: Local Knowledge Property
Price: 2320000 AUD
Availability: InStock

Falcon & Alexander — Unit 1302 | 2B/2B/1C

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

62ASPIRE

$2,320,000

1.5% gross yield

Residence Configuration

Bedrooms

Bathrooms

Car Space

97m²

Total Area

Aspect: Building F

Financial Analysis

Purchase Price

$2,320,000

NSW Stamp Duty

$110,010

Est. Weekly Rent

$650/wk

Gross Yield

1.46%

Year 1 After-Tax Cashflow

$-33,911

Est. Mortgage (80% LVR)

$2620/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

Positioned for premium capital growth in a suburb where unit prices surged 12.2% last year, this 2 bedroom apartment Crows Nest investment at $2,320,000 commands a significant premium over the $950,000 median, reflecting its exclusive address. The high-floor configuration offers a sophisticated lifestyle mere metres from the new Metro station, placing urban convenience at your doorstep. With an ASPIRE Score™ of 62/100, investors should note the $650/wk rent translates to a 1.46% yield, prioritising long-term asset appreciation over immediate cashflow