What is the price of Unit 1505 at 8 Alexander St, Crows Nest?

Unit 1505 is priced at $2,720,000.

What is the estimated rental yield for this apartment?

The estimated gross rental yield is 1.2%.

How close is Unit 1505 to public transport?

It is immediately adjacent to the new Crows Nest Metro Station, offering direct CBD access.

What is the ASPIRE Intelligence Score for this property?

The ASPIRE score is 62 out of 100, reflecting a strong balance of location and amenity.

What are the growth trends for Crows Nest apartments?

Crows Nest units have shown 12.2% growth over the past year and 42.1% over five years.

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Residence

Unit 1505

Level 15

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

Name: Unit 1505 — Harbour Views Meet Metro Luxury: Crows Nest's Most Exclusive Address Residences
Brand: Local Knowledge Property
Price: 2720000 AUD
Availability: InStock

Falcon & Alexander — Unit 1505 | 2B/2B/1C

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

62ASPIRE

$2,720,000

1.2% gross yield

Residence Configuration

Bedrooms

Bathrooms

Car Space

92m²

Total Area

Aspect: Building F

Financial Analysis

Purchase Price

$2,720,000

NSW Stamp Duty

$132,010

Est. Weekly Rent

$650/wk

Gross Yield

1.24%

Year 1 After-Tax Cashflow

$-42,690

Est. Mortgage (80% LVR)

$3072/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 this 2 bedroom apartment in Crows Nest commands a premium price of $2,720,000, it presents a strategic entry into a market where units have delivered 12.2% growth, with its high-floor luxury configuration and immediate Metro access appealing to affluent professionals. Its ASPIRE Score of 62/100 reflects this trade-off, where the Year 1 cashflow shortfall of $42,690 is positioned against Crows Nest's robust 42.1% five-year growth trajectory and a tight 1.8% vacancy rate driving rental demand.