What is the price of Unit 1403 at Falcon & Alexander, Crows Nest?

Unit 1403 is priced at $3,400,000.

What is the rental yield for this Crows Nest apartment?

The estimated gross rental yield is 1.0% based on a weekly rent of $650.

What makes this apartment unique in Crows Nest?

Unit 1403 offers 118m² of luxury living on level 14 with harbour views, two car spaces, and a rare three-bedroom configuration in the suburb.

How has the Crows Nest unit market performed recently?

Crows Nest unit values have grown 12.2% in the past year and 42.1% over five years.

What are the lifestyle benefits of living in Crows Nest?

Crows Nest offers high walkability, diverse dining, strong transport links, and proximity to the CBD and harbourside recreation.

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Residence

Unit 1403

Level 14

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

Name: Unit 1403 — Harbour Views Meet Metro Luxury: Crows Nest's Most Exclusive Address Residences
Brand: Local Knowledge Property
Price: 3400000 AUD
Availability: InStock

Falcon & Alexander — Unit 1403 | 3B/2B/2C

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

61ASPIRE

$3,400,000

1.0% gross yield

Residence Configuration

Bedrooms

Bathrooms

Car Spaces

118m²

Total Area

Aspect: Building F

Financial Analysis

Purchase Price

$3,400,000

NSW Stamp Duty

$169,410

Est. Weekly Rent

$650/wk

Gross Yield

0.99%

Year 1 After-Tax Cashflow

$-57,614

Est. Mortgage (80% LVR)

$3840/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

With an ASPIRE Score™ of 61/100, this $3.4 million apartment offers a distinct capital growth play in a suburb where unit values have surged 12.2% in a year. This premium 118m², three-bedroom sanctuary on the 14th floor delivers a luxurious, low-maintenance lifestyle moments from the new Crows Nest Metro. While the $650/week rent yields 0.99%, the investment thesis is anchored in Crows Nest's 42.1% five-year growth and profound undersupply, with a vacancy rate of just 1.8%.