Local Knowledge PropertyIntegrated Property Financial Advisory
CPA Public Practice·AFSL Since 2001·Licensed Real Estate·$300M+ Settled
Residence
Unit 1509
Level 15
Harbour Views Meet Metro Luxury: Crows Nest's Most Exclusive Address Residences
Falcon & Alexander — Unit 1509 | 2B/2B/1C
8 Alexander St Crows Nest NSW 2065 · Crows Nest, NSW 2065
62ASPIRE
$2,870,000
1.2% gross yield
Residence Configuration
2
Bedrooms
2
Bathrooms
1
Car Space
91m²
Total Area
Aspect: Building F
Financial Analysis
Purchase Price
$2,870,000
NSW Stamp Duty
$140,260
Est. Weekly Rent
$650/wk
Gross Yield
1.18%
Year 1 After-Tax Cashflow
$-45,982
Est. Mortgage (80% LVR)
$3242/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 $2.87M, this apartment commands a significant premium over the $950,000 median, reflecting its exclusive position in a market where 5-year unit growth has surged 42.1%. The high-floor, two-bedroom configuration delivers a premium Lower North Shore lifestyle mere steps from the new metro station. Despite the initial cashflow, the low 1.8% suburb vacancy rate underpins strong rental demand, with this property's ASPIRE Score™ of 62 highlighting its potential within a high-growth precinct.
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Crows Nest Suburb Profile
2065 · Median $950K
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