What is the price of Unit 1308 at Falcon & Alexander, Crows Nest?

Unit 1308 is priced at $2,660,000.

What is the rental yield for Unit 1308, Crows Nest?

The estimated gross yield is 1.3% based on an estimated rent of $650 per week.

How has the Crows Nest unit market performed in recent years?

Unit prices in Crows Nest have grown 42.1% over the past 5 years and 12.2% in the past year.

What attractions and amenities are near Unit 1308 in Crows Nest?

The apartment is close to the new Crows Nest Metro Station, Willoughby Road cafés, and North Sydney CBD.

What is the ASPIRE Intelligence Score for Unit 1308?

Unit 1308 has an ASPIRE Intelligence Score of 62 out of 100.

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Residence

Unit 1308

Level 13

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

Name: Unit 1308 — Harbour Views Meet Metro Luxury: Crows Nest's Most Exclusive Address Residences
Brand: Local Knowledge Property
Price: 2660000 AUD
Availability: InStock

Falcon & Alexander — Unit 1308 | 2B/2B/1C

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

62ASPIRE

$2,660,000

1.3% gross yield

Residence Configuration

Bedrooms

Bathrooms

Car Space

96m²

Total Area

Aspect: Building F

Financial Analysis

Purchase Price

$2,660,000

NSW Stamp Duty

$128,710

Est. Weekly Rent

$650/wk

Gross Yield

1.27%

Year 1 After-Tax Cashflow

$-41,373

Est. Mortgage (80% LVR)

$3005/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 presenting a modest 1.27% yield, this 2 bedroom apartment at $2.66M offers a distinct opportunity in Crows Nest, where units have surged 42.1% in 5 years. The premium 96m² layout in 'Building F' caters to professionals seeking Lower North Shore convenience mere minutes from the new Metro. With an ASPIRE Score™ of 62/100, investors should note the estimated first-year cashflow of -$41,373, positioning this for capital growth over immediate rental return.