What is the price of Unit 709 at Falcon & Alexander in Crows Nest?

Unit 709 is priced at $2,530,000.

What is the rental yield for this Crows Nest apartment?

The estimated gross rental yield is 1.3% based on $650 per week rent.

How close is Unit 709 to public transport?

Unit 709 is moments from the new Crows Nest Metro Station, offering direct CBD connectivity.

What makes Crows Nest a desirable suburb?

Crows Nest offers a vibrant lifestyle, strong capital growth, excellent dining, and premium Lower North Shore location with high walkability.

What is the ASPIRE Intelligence Score for this apartment?

Unit 709 has an ASPIRE Intelligence Score of 62 out of 100.

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Residence

Unit 709

Level 7

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

Name: Unit 709 — Harbour Views Meet Metro Luxury: Crows Nest's Most Exclusive Address Residences
Brand: Local Knowledge Property
Price: 2530000 AUD
Availability: InStock

Falcon & Alexander — Unit 709 | 2B/2B/1C

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

62ASPIRE

$2,530,000

1.3% gross yield

Residence Configuration

Bedrooms

Bathrooms

Car Space

91m²

Total Area

Aspect: Building F

Financial Analysis

Purchase Price

$2,530,000

NSW Stamp Duty

$121,560

Est. Weekly Rent

$650/wk

Gross Yield

1.34%

Year 1 After-Tax Cashflow

$-38,520

Est. Mortgage (80% LVR)

$2858/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 $2.53 million price tag, this apartment presents a premium 2 bedroom apartment Crows Nest investment opportunity, positioned well above the $950,000 suburb median. This 7th-floor residence offers a spacious 91m² layout and a high-convenience lifestyle moments from the new Metro station. Despite a $38,520 first-year cashflow, its low 62/100 ASPIRE Score highlights a strategy focused on long-term capital gain over immediate yield, banking on Crows Nest's 42.1% five-year growth trajectory.