Local Knowledge PropertyIntegrated Property Financial Advisory
CPA Public Practice·AFSL Since 2001·Licensed Real Estate·$300M+ Settled
Residence
Unit 2105
Level 21
Harbour Views Meet Metro Luxury: Crows Nest's Most Exclusive Address Residences
Falcon & Alexander — Unit 2105 | 2B/2B/1C
8 Alexander St Crows Nest NSW 2065 · Crows Nest, NSW 2065
62ASPIRE
$2,900,000
1.2% gross yield
Residence Configuration
2
Bedrooms
2
Bathrooms
1
Car Space
92m²
Total Area
Aspect: Building F
Financial Analysis
Purchase Price
$2,900,000
NSW Stamp Duty
$141,910
Est. Weekly Rent
$650/wk
Gross Yield
1.17%
Year 1 After-Tax Cashflow
$-46,641
Est. Mortgage (80% LVR)
$3276/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 price point at $2.9M, this premium 2 bedroom apartment Crows Nest investment significantly exceeds the suburb's $950,000 median, reflecting its high-floor positioning in a new metro-side luxury complex. The 21st-level residence offers a sophisticated skyline aspect and a walkable urban lifestyle, directly capitalising on the suburb's 12.2% annual unit growth. Despite a $-46,641 first-year cashflow, its low ASPIRE Score™ of 62 signals a strategy focused on leveraging Crows Nest's undersupplied rental market, where a 1.8% vacancy rate drives strong tenant competition.
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Crows Nest Suburb Profile
2065 · Median $950K
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