Local Knowledge PropertyIntegrated Property Financial Advisory
CPA Public Practice·AFSL Since 2001·Licensed Real Estate·$300M+ Settled
Residence
Unit 1902
Level 19
Harbour Views Meet Metro Luxury: Crows Nest's Most Exclusive Address Residences
Falcon & Alexander — Unit 1902 | 2B/2B/1C
8 Alexander St Crows Nest NSW 2065 · Crows Nest, NSW 2065
62ASPIRE
$2,600,000
1.3% gross yield
Residence Configuration
2
Bedrooms
2
Bathrooms
1
Car Space
97m²
Total Area
Aspect: Building F
Financial Analysis
Purchase Price
$2,600,000
NSW Stamp Duty
$125,410
Est. Weekly Rent
$650/wk
Gross Yield
1.30%
Year 1 After-Tax Cashflow
$-40,056
Est. Mortgage (80% LVR)
$2937/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
While the investment's 1.3% yield indicates a premium purchase, its $2.6 million price point commands a position in Crows Nest's top market tier, underscored by a solid ASPIRE Score™ of 62/100. This expansive 97m² two-bedroom, two-bathroom apartment on the 19th floor offers a substantial footprint and low-maintenance luxury, perfectly positioned for the new Metro lifestyle. Despite a negative cashflow of $-40,056 in year one, the $125,410 stamp duty outlay secures a strategic asset in a suburb where unit values have surged 12.2% annually, targeting deep capital growth over immediate rental returns.
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Crows Nest Suburb Profile
2065 · Median $950K
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