What is the price of Unit 2106 at Falcon & Alexander, Crows Nest?

Unit 2106 is priced at $2,900,000.

What is the rental yield for this Crows Nest apartment?

The estimated gross rental yield is 1.2%.

How does Unit 2106 compare to the median apartment price in Crows Nest?

Unit 2106 is priced significantly above the $950,000 median, reflecting its luxury status.

What are the lifestyle benefits of living in Crows Nest?

Residents enjoy direct metro access, a vibrant dining scene, high walkability, and proximity to the CBD.

Is this apartment suitable for investors seeking high yield?

This apartment is more suited to owner-occupiers or long-term capital growth seekers, as the yield is lower than the suburb average.

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Residence

Unit 2106

Level 21

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

Name: Unit 2106 — Harbour Views Meet Metro Luxury: Crows Nest's Most Exclusive Address Residences
Brand: Local Knowledge Property
Price: 2900000 AUD
Availability: InStock

Falcon & Alexander — Unit 2106 | 2B/2B/1C

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

62ASPIRE

$2,900,000

1.2% gross yield

Residence Configuration

Bedrooms

Bathrooms

Car Space

94m²

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

While its aspirational $2.9M price point commands a premium over the $950,000 median, this 94sqm 2 bedroom apartment on the 21st floor offers a lifestyle proposition of luxury and direct metro access to the CBD. The investment carries a first-year cashflow of -$46,641, reflecting its 1.17% yield, but is positioned for long-term capital growth in a suburb where units have gained 12.2% in the past year, underpinned by its ASPIRE Score™ of 62/100.