What is the price of Unit 2005 at Falcon & Alexander, Crows Nest?

Unit 2005 is priced at $2,870,000.

What is the rental yield for apartments in Crows Nest?

The median rental yield for units in Crows Nest is 4.8%, while Unit 2005 offers an estimated gross yield of 1.2%.

How close is Unit 2005 to public transport?

Unit 2005 is steps from the new Crows Nest Metro Station, providing direct access to the CBD.

What are the lifestyle benefits of living in Crows Nest?

Crows Nest offers a vibrant café scene, high walkability, strong community, and proximity to both the CBD and harbourside recreation.

Is Crows Nest a good suburb for long-term property growth?

Crows Nest has experienced 12.2% annual unit price growth and benefits from major infrastructure like the new metro station.

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Residence

Unit 2005

Level 20

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

Name: Unit 2005 — Harbour Views Meet Metro Luxury: Crows Nest's Most Exclusive Address Residences
Brand: Local Knowledge Property
Price: 2870000 AUD
Availability: InStock

Falcon & Alexander — Unit 2005 | 2B/2B/1C

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

62ASPIRE

$2,870,000

1.2% gross yield

Residence Configuration

Bedrooms

Bathrooms

Car Space

92m²

Total Area

Aspect: Building F

Financial Analysis

Purchase Price

$2,870,000

NSW Stamp Duty

$140,260

Est. Weekly Rent

$650/wk

Gross Yield

1.18%

Year 1 After-Tax Cashflow

$-45,982

Est. Mortgage (80% LVR)

$3242/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

Positioned against a suburb median of $950,000, this $2,870,000 apartment presents a premium, high-hold strategy for investors targeting Crows Nest's 12.2% annual growth. The two-bedroom, two-bathroom configuration on the twentieth floor offers a luxury urban lifestyle directly connected to the new metro station. The property's ASPIRE Score™ of 62/100 reflects its substantial entry cost, with investors anticipating capital growth to offset the first-year cashflow position of -$45,982.