What is the price of Unit 710 at 8 Alexander St, Crows Nest?

Unit 710 is priced at $2,480,000.

What is the estimated rental yield for Unit 710?

The estimated gross rental yield is 1.4%, with an expected rent of $650 per week.

How close is Unit 710 to public transport?

Unit 710 is just moments from the new Crows Nest Metro Station, providing direct CBD connectivity.

What is the ASPIRE Intelligence Score for this property?

Unit 710 has an ASPIRE Score of 62/100, indicating prestige capital growth potential.

What makes Crows Nest a sought-after suburb?

Crows Nest offers strong capital growth, high walkability, a vibrant dining scene, and excellent metro connectivity.

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Residence

Unit 710

Level 7

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

Name: Unit 710 — Harbour Views Meet Metro Luxury: Crows Nest's Most Exclusive Address Residences
Brand: Local Knowledge Property
Price: 2480000 AUD
Availability: InStock

Falcon & Alexander — Unit 710 | 2B/2B/1C

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

62ASPIRE

$2,480,000

1.4% gross yield

Residence Configuration

Bedrooms

Bathrooms

Car Space

96m²

Total Area

Aspect: Building F

Financial Analysis

Purchase Price

$2,480,000

NSW Stamp Duty

$118,810

Est. Weekly Rent

$650/wk

Gross Yield

1.36%

Year 1 After-Tax Cashflow

$-37,423

Est. Mortgage (80% LVR)

$2801/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 premium $2,480,000 price tag reflecting its exclusive position, this 2-bedroom apartment offers luxury living moments from the new Crows Nest Metro station. The ASPIRE Score™ of 62/100 indicates this is a prestige capital growth play, supported by the suburb's 12.2% annual unit growth, rather than a high-yield investment. Investors should note the strong rental demand, with a 1.8% vacancy rate, but anticipate an annual cashflow requirement of approximately $-37,423.