What is the price of Unit 1502 at 8 Alexander St, Crows Nest?

Unit 1502 is priced at $2,380,000.

What is the estimated rental yield for this apartment?

The estimated gross rental yield is 1.4%.

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

This apartment is priced well above the median unit price of $950,000 in Crows Nest.

Is Crows Nest a good suburb for luxury apartment living?

Yes, Crows Nest is highly sought-after for its connectivity, vibrant lifestyle, and recent metro upgrade.

What amenities are nearby Unit 1502?

The apartment is steps from Crows Nest Metro Station, top dining, and harbourside recreation.

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Residence

Unit 1502

Level 15

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

Name: Unit 1502 — Harbour Views Meet Metro Luxury: Crows Nest's Most Exclusive Address Residences
Brand: Local Knowledge Property
Price: 2380000 AUD
Availability: InStock

Falcon & Alexander — Unit 1502 | 2B/2B/1C

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

62ASPIRE

$2,380,000

1.4% gross yield

Residence Configuration

Bedrooms

Bathrooms

Car Space

97m²

Total Area

Aspect: Building F

Financial Analysis

Purchase Price

$2,380,000

NSW Stamp Duty

$113,310

Est. Weekly Rent

$650/wk

Gross Yield

1.42%

Year 1 After-Tax Cashflow

$-35,228

Est. Mortgage (80% LVR)

$2688/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 62/100, this $2,380,000 apartment presents a yield of 1.42%, significantly below the suburb's 4.8% median. Its premium 15th-floor, 2-bedroom configuration targets a luxury metro-adjacent lifestyle just blocks from the new station, appealing to high-income professionals. The estimated first-year after-tax cashflow of -$35,228 highlights a strategy prioritising long-term capital growth over immediate income, supported by Crows Nest's 12.2% annual unit price growth.