What is the price of Unit 1607 at Falcon & Alexander, Crows Nest?

Unit 1607 is priced at $2,800,000.

What is the estimated rental yield for Unit 1607?

The estimated gross rental yield for Unit 1607 is 1.2%.

How close is Unit 1607 to the Crows Nest Metro Station?

Unit 1607 is within easy walking distance of the new Crows Nest Metro Station.

What is the median unit price growth in Crows Nest?

Crows Nest units have seen a 42.1% price growth over the past five years.

What makes Crows Nest a desirable suburb for apartment buyers?

Crows Nest offers strong capital growth, high walkability, excellent dining, and fast CBD access.

Local Knowledge PropertyIntegrated Property Financial Advisory

CPA Public Practice·AFSL Since 2001·Licensed Real Estate·$300M+ Settled

About Contact

Residence

Unit 1607

Level 16

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

Name: Unit 1607 — Harbour Views Meet Metro Luxury: Crows Nest's Most Exclusive Address Residences
Brand: Local Knowledge Property
Price: 2800000 AUD
Availability: InStock

Falcon & Alexander — Unit 1607 | 2B/2B/1C

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

62ASPIRE

$2,800,000

1.2% gross yield

Residence Configuration

Bedrooms

Bathrooms

Car Space

91m²

Total Area

Aspect: Building F

Financial Analysis

Purchase Price

$2,800,000

NSW Stamp Duty

$136,410

Est. Weekly Rent

$650/wk

Gross Yield

1.21%

Year 1 After-Tax Cashflow

$-44,446

Est. Mortgage (80% LVR)

$3163/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 a median unit price growth of 42.1% over five years, this $2.8 million investment is positioned in Crows Nest's premier metro-connected precinct. This spacious 91sqm two-bedroom apartment offers a high-floor sanctuary for professionals seeking walkability to the new station and vibrant Willoughby Road dining. The 62/100 ASPIRE Score™ reflects a strategy focused on long-term capital appreciation over immediate yield, with strong rental demand evidenced by the suburb's tight 1.8% vacancy rate.