What is the price of Unit 1507 at 8 Alexander Street, Crows Nest?

Unit 1507 is priced at $2,770,000.

What is the estimated rental yield for this apartment?

The estimated gross rental yield is 1.2%.

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

This apartment is significantly above the Crows Nest median unit price of $950,000, targeting the prestige segment.

What are the lifestyle benefits of living in Crows Nest?

Crows Nest offers vibrant dining, excellent Metro connectivity, high walkability, and proximity to Sydney CBD and harbourside recreation.

How close is the apartment to public transport?

The apartment is steps from the new Crows Nest Metro Station, offering direct CBD access.

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Residence

Unit 1507

Level 15

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

Name: Unit 1507 — Harbour Views Meet Metro Luxury: Crows Nest's Most Exclusive Address Residences
Brand: Local Knowledge Property
Price: 2770000 AUD
Availability: InStock

Falcon & Alexander — Unit 1507 | 2B/2B/1C

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

62ASPIRE

$2,770,000

1.2% gross yield

Residence Configuration

Bedrooms

Bathrooms

Car Space

91m²

Total Area

Aspect: Building F

Financial Analysis

Purchase Price

$2,770,000

NSW Stamp Duty

$134,760

Est. Weekly Rent

$650/wk

Gross Yield

1.22%

Year 1 After-Tax Cashflow

$-43,787

Est. Mortgage (80% LVR)

$3129/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

Priced at $2,770,000, this 2 bedroom apartment Crows Nest investment sits significantly above the suburb's $950,000 unit median, targeting the prestige segment. Level 15 in Building F delivers a premium urban lifestyle mere steps from the new Metro station, aligning with Crows Nest's 12.2% annual unit growth. With an ASPIRE Score™ of 62/100, the estimated Year 1 after-tax cashflow of -$43,787 underscores a strategy prioritising long-term capital appreciation over immediate yield.