What is the price of Unit 1303 at Falcon & Alexander, Crows Nest?

Unit 1303 is priced at $3,375,000.

What is the gross rental yield for Unit 1303?

The estimated gross rental yield for Unit 1303 is 1.0%.

How close is Falcon & Alexander to public transport?

The building is steps from the new Crows Nest Metro Station, offering direct CBD access.

Is Crows Nest a good suburb for property growth?

Crows Nest units have grown 12.2% in the last year and 42.1% over five years.

What makes Unit 1303 unique?

Unit 1303 offers 118m² of luxury living with harbour views, on the 13th floor, in a premium location.

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Residence

Unit 1303

Level 13

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

Name: Unit 1303 — Harbour Views Meet Metro Luxury: Crows Nest's Most Exclusive Address Residences
Brand: Local Knowledge Property
Price: 3375000 AUD
Availability: InStock

Falcon & Alexander — Unit 1303 | 3B/2B/1C

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

61ASPIRE

$3,375,000

1.0% gross yield

Residence Configuration

Bedrooms

Bathrooms

Car Space

118m²

Total Area

Aspect: Building F

Financial Analysis

Purchase Price

$3,375,000

NSW Stamp Duty

$168,035

Est. Weekly Rent

$650/wk

Gross Yield

1.00%

Year 1 After-Tax Cashflow

$-57,066

Est. Mortgage (80% LVR)

$3812/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

The ASPIRE Score™ of 61/100 highlights this as a premium lifestyle acquisition, not a cashflow play. This exclusive 3 bedroom apartment in Crows Nest offers a 118m² layout on the 13th floor, engineered for professionals seeking Lower North Shore prestige and the new metro’s direct CBD access. With an estimated Year 1 cashflow of -$57,066, this $3,375,000 investment targets long-term capital growth, leveraging Crows Nest's 42.1% 5-year unit growth, rather than immediate rental yield.