What is the price of Unit 1808 at Falcon & Alexander in Crows Nest?

Unit 1808 is priced at $5,250,000.

What is the rental yield for Unit 1808 in Crows Nest?

The estimated gross rental yield is 0.6% based on $650 per week rent.

How does Unit 1808 compare to the median unit price in Crows Nest?

Unit 1808 is positioned at the prestige end, well above Crows Nest's median unit price of $950,000.

What are the main lifestyle benefits of living in Crows Nest?

Crows Nest offers vibrant dining, excellent metro connectivity, and proximity to the CBD and harbourside attractions.

Is Crows Nest a good suburb for capital growth?

Crows Nest units have shown 42.1% price growth over 5 years, supported by new infrastructure and urban renewal.

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Residence

Unit 1808

Level 18

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

Name: Unit 1808 — Harbour Views Meet Metro Luxury: Crows Nest's Most Exclusive Address Residences
Brand: Local Knowledge Property
Price: 5250000 AUD
Availability: InStock

Falcon & Alexander — Unit 1808 | 3B/2B/1C

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

61ASPIRE

$5,250,000

0.6% gross yield

Residence Configuration

Bedrooms

Bathrooms

Car Space

163m²

Total Area

Aspect: Building F

Financial Analysis

Purchase Price

$5,250,000

NSW Stamp Duty

$367,500

Est. Weekly Rent

$650/wk

Gross Yield

0.64%

Year 1 After-Tax Cashflow

$-98,217

Est. Mortgage (80% LVR)

$5930/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

This $5,250,000 3-bedroom apartment presents an investment for capital growth over cashflow, evidenced by its 0.64% yield and 61/100 ASPIRE Score. Occupying a premium 18th-floor position, this 163m² residence offers a substantial footprint in Crows Nest's most exclusive new precinct, directly benefiting from the new metro's 12.2% annual growth. The estimated Year 1 after-tax cashflow of -$98,217 highlights a strategy banking on the suburb's 42.1% 5-year unit growth outperforming immediate rental returns.