What is the price of Unit 907 at Falcon & Alexander, Crows Nest?

Unit 907 is priced at $2,540,000.

What is the rental yield for apartments in Crows Nest?

The gross rental yield for Unit 907 is 1.3%, while the suburb median is 4.8%.

How close is Unit 907 to public transport?

Unit 907 is just steps from the new Crows Nest Metro Station, offering direct CBD connectivity.

What makes Crows Nest a growth suburb?

Crows Nest has seen 12.2% annual and 42.1% five-year unit price growth, driven by new metro access, urban renewal, and high demand.

What is the ASPIRE Intelligence Score for this apartment?

Unit 907 has an ASPIRE Score of 62/100, indicating a strategic location in a high-growth market.

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Residence

Unit 907

Level 9

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

Name: Unit 907 — Harbour Views Meet Metro Luxury: Crows Nest's Most Exclusive Address Residences
Brand: Local Knowledge Property
Price: 2540000 AUD
Availability: InStock

Falcon & Alexander — Unit 907 | 2B/2B/1C

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

62ASPIRE

$2,540,000

1.3% gross yield

Residence Configuration

Bedrooms

Bathrooms

Car Space

94m²

Total Area

Aspect: Building F

Financial Analysis

Purchase Price

$2,540,000

NSW Stamp Duty

$122,110

Est. Weekly Rent

$650/wk

Gross Yield

1.33%

Year 1 After-Tax Cashflow

$-38,739

Est. Mortgage (80% LVR)

$2869/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

Despite a modest 1.33% yield, this $2.54M apartment offers a premium 2 bed, 2 bath configuration in Crows Nest, a suburb where unit prices surged 12.2% last year. Its ASPIRE Score™ of 62/100 suggests this purchase is a strategic entry into a high-growth market, with the new metro station cementing long-term demand, though investors should anticipate an initial negative cashflow of $-38,739 annually.