What is the price of Unit 612 at Falcon & Alexander, Crows Nest?

Unit 612 is priced at $3,800,000.

How large is Unit 612 at 8 Alexander St, Crows Nest?

The apartment offers a total area of 141 square metres.

What is the estimated rental yield for this apartment?

The estimated gross rental yield is 0.9%.

How does this price compare to the Crows Nest median unit price?

This apartment is significantly above the suburb's median unit price of $950,000.

What lifestyle benefits does living in Crows Nest offer?

Residents enjoy a vibrant café scene, excellent public transport, high walkability, and proximity to the CBD and harbourside.

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Residence

Unit 612

Level 6

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

Name: Unit 612 — Harbour Views Meet Metro Luxury: Crows Nest's Most Exclusive Address Residences
Brand: Local Knowledge Property
Price: 3800000 AUD
Availability: InStock

Falcon & Alexander — Unit 612 | 3B/2B/1C

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

61ASPIRE

$3,800,000

0.9% gross yield

Residence Configuration

Bedrooms

Bathrooms

Car Space

141m²

Total Area

Aspect: Building F

Financial Analysis

Purchase Price

$3,800,000

NSW Stamp Duty

$266,000

Est. Weekly Rent

$650/wk

Gross Yield

0.89%

Year 1 After-Tax Cashflow

$-66,393

Est. Mortgage (80% LVR)

$4292/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 3 bedroom apartment in Crows Nest presents a significant premium to the $950,000 suburb median, yet carries a notably low ASPIRE Score™ of 61/100 due to its 0.89% yield and negative cashflow. The substantial $3.8 million property offers a generous 141m² layout positioned for urban convenience, not views, catering to the high-income demographic drawn to the new Metro. Investors should note the calculated $66,393 first-year negative cashflow positions this as a pure capital growth play, reliant on Crows Nest's strong 42.1% five-year unit growth trend.