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CPA Public Practice·AFSL Since 2001·Licensed Real Estate·$300M+ Settled
Residence
Unit 1506
Level 15
Harbour Views Meet Metro Luxury: Crows Nest's Most Exclusive Address Residences
Falcon & Alexander — Unit 1506 | 2B/2B/1C
8 Alexander St Crows Nest NSW 2065 · Crows Nest, NSW 2065
62ASPIRE
$2,720,000
1.2% gross yield
Residence Configuration
2
Bedrooms
2
Bathrooms
1
Car Space
94m²
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
This property's ASPIRE Intelligence™ Score of 62/100 highlights a significant premium positioning, underscored by its $2,720,000 price point commanding a 186% premium over the suburb's $950,000 median for units. This level 15, two-bedroom, two-bathroom apartment offers a prime Crows Nest configuration for professionals seeking a low-maintenance, high-amenity lifestyle moments from the new Metro station. The estimated first-year after-tax cashflow of -$42,690 reflects a strategic, growth-focused acquisition, where robust 12.2% annual unit growth is prioritised over immediate yield in this high-demand, 1.8% vacancy rate market.
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Crows Nest Suburb Profile
2065 · Median $950K
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