What is the price of Unit 1601 at Falcon & Alexander?

Unit 1601 is priced at $2,310,000.

What is the rental yield for Unit 1601 in Crows Nest?

The estimated gross rental yield is 1.5% based on an estimated rent of $650 per week.

How does Unit 1601 compare to the median unit price in Crows Nest?

Unit 1601 is priced well above the suburb's median unit price of $950,000, reflecting its luxury status and high-floor positioning.

What amenities and features does Unit 1601 offer?

Unit 1601 offers 2 bedrooms, 2 bathrooms, 1 car space, dual aspects, high-floor views, and immediate access to the new Metro station.

Is Crows Nest a good suburb for property investment?

Crows Nest has experienced strong unit price growth (42.1% over 5 years) and benefits from new infrastructure, high walkability, and strong rental demand.

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Residence

Unit 1601

Level 16

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

Name: Unit 1601 — Harbour Views Meet Metro Luxury: Crows Nest's Most Exclusive Address Residences
Brand: Local Knowledge Property
Price: 2310000 AUD
Availability: InStock

Falcon & Alexander — Unit 1601 | 2B/2B/1C

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

62ASPIRE

$2,310,000

1.5% gross yield

Residence Configuration

Bedrooms

Bathrooms

Car Space

93m²

Total Area

Aspect: Building F

Financial Analysis

Purchase Price

$2,310,000

NSW Stamp Duty

$109,460

Est. Weekly Rent

$650/wk

Gross Yield

1.46%

Year 1 After-Tax Cashflow

$-33,692

Est. Mortgage (80% LVR)

$2609/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

Positioned for significant capital growth, this $2.31M, 2 bedroom apartment Crows Nest investment is engineered for an 82/100 growth potential, outperforming the suburb's median. The high-floor, dual-aspect residence in a landmark building offers a premium lifestyle moments from the new Metro station. Despite a $-33,692 first-year cashflow, the strategic entry point leverages Crows Nest's 42.1% five-year unit growth, with the 62/100 ASPIRE Score™ quantifying its long-term wealth creation profile.