Local Knowledge PropertyIntegrated Property Financial Advisory
CPA Public Practice·AFSL Since 2001·Licensed Real Estate·$300M+ Settled
Residence
Unit 1602
Level 16
Harbour Views Meet Metro Luxury: Crows Nest's Most Exclusive Address Residences
Falcon & Alexander — Unit 1602 | 2B/2B/1C
8 Alexander St Crows Nest NSW 2065 · Crows Nest, NSW 2065
62ASPIRE
$2,410,000
1.4% gross yield
Residence Configuration
2
Bedrooms
2
Bathrooms
1
Car Space
97m²
Total Area
Aspect: Building F
Financial Analysis
Purchase Price
$2,410,000
NSW Stamp Duty
$114,960
Est. Weekly Rent
$650/wk
Gross Yield
1.40%
Year 1 After-Tax Cashflow
$-35,886
Est. Mortgage (80% LVR)
$2722/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
With an ASPIRE Score™ of 62/100, this investment requires a strategic view beyond its initial 1.4% yield, instead capitalising on Crows Nest's 42.1% 5-year unit growth. This premium 16th-floor, 2 bedroom apartment capitalises on the suburb’s transformation via the new Metro, targeting professionals drawn to Willoughby Road's vibrant scene. The estimated first-year cashflow shortfall of $-35,886 is a calculated entry for a $2,410,000 asset in a high-growth, low-vacancy market where median prices have surged 12.2% annually.
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Crows Nest Suburb Profile
2065 · Median $950K
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