What is the price of Unit 1508 at Harbour Views Meet Metro Luxury?

Unit 1508 is priced at $2,720,000.

What is the rental yield for this apartment?

The estimated gross rental yield for Unit 1508 is 1.2%.

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

At $2,720,000, this apartment is significantly above the suburb’s $950,000 median unit price, reflecting its premium features and location.

What lifestyle benefits does this Crows Nest apartment offer?

Residents enjoy metro connectivity, high walkability, vibrant dining and entertainment, and proximity to CBD and harbourside recreation.

What is the ASPIRE Intelligence Score for Unit 1508?

Unit 1508 has an ASPIRE Intelligence Score of 62 out of 100.

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Residence

Unit 1508

Level 15

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

Name: Unit 1508 — Harbour Views Meet Metro Luxury: Crows Nest's Most Exclusive Address Residences
Brand: Local Knowledge Property
Price: 2720000 AUD
Availability: InStock

Falcon & Alexander — Unit 1508 | 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

96m²

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 Crows Nest investment presents a $2.72M price point well above the $950,000 median, its strategic position in the newly connected Crows Nest metro precinct targets capital growth, with a 12.2% annual unit increase underscoring the suburb's momentum. This 15th-floor residence offers a two-bedroom, two-bathroom configuration designed for urban professionals, placing them at the epicenter of Willoughby Road's vibrant cafe culture and a 88/100 walkability score. Despite an immediate negative cashflow, the ASPIRE Score™ of 62/100 highlights a trade-off for long-term capital appreciation driven by the metro upgrade and intense rental demand in a 1.8% vacancy market.