What is the price of Unit 1605 at Falcon & Alexander, Crows Nest?

Unit 1605 is priced at $2,750,000.

What is the estimated rental yield for Unit 1605?

The estimated gross rental yield is 1.2% with an expected rent of $650 per week.

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

Unit 1605's price is significantly above the Crows Nest median unit price of $950,000, reflecting its premium features and position.

What makes Crows Nest a good suburb for buyers?

Crows Nest offers strong capital growth, excellent transport with the new Metro, vibrant dining, and high rental demand.

What is the ASPIRE Intelligence Score for this apartment?

Unit 1605 has an ASPIRE Intelligence Score of 62 out of 100.

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Residence

Unit 1605

Level 16

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

Name: Unit 1605 — Harbour Views Meet Metro Luxury: Crows Nest's Most Exclusive Address Residences
Brand: Local Knowledge Property
Price: 2750000 AUD
Availability: InStock

Falcon & Alexander — Unit 1605 | 2B/2B/1C

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

62ASPIRE

$2,750,000

1.2% gross yield

Residence Configuration

Bedrooms

Bathrooms

Car Space

92m²

Total Area

Aspect: Building F

Financial Analysis

Purchase Price

$2,750,000

NSW Stamp Duty

$133,660

Est. Weekly Rent

$650/wk

Gross Yield

1.23%

Year 1 After-Tax Cashflow

$-43,348

Est. Mortgage (80% LVR)

$3106/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 $2,750,000, this 16th-floor apartment is a significant premium to the $950,000 suburb median, reflecting its exclusive positioning. This 92m², two-bedroom residence is engineered for the investor targeting capital growth over yield, delivering an estimated $650 per week in a market with a low 1.8% vacancy rate. The ASPIRE Score™ of 62/100 highlights a strategy focused on long-term, 42.1% five-year unit growth in a transport-transformed suburb, with first-year cashflow implications of -$43,348 factored into the financial model.