Local Knowledge PropertyIntegrated Property Financial Advisory
CPA Public Practice·AFSL Since 2001·Licensed Real Estate·$300M+ Settled
Residence
Unit 908
Level 9
Harbour Views Meet Metro Luxury: Crows Nest's Most Exclusive Address Residences
Falcon & Alexander — Unit 908 | 2B/2B/1C
8 Alexander St Crows Nest NSW 2065 · Crows Nest, NSW 2065
62ASPIRE
$2,590,000
1.3% gross yield
Residence Configuration
2
Bedrooms
2
Bathrooms
1
Car Space
91m²
Total Area
Aspect: Building F
Financial Analysis
Purchase Price
$2,590,000
NSW Stamp Duty
$124,860
Est. Weekly Rent
$650/wk
Gross Yield
1.31%
Year 1 After-Tax Cashflow
$-39,837
Est. Mortgage (80% LVR)
$2925/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 its $2.59 million price commanding a premium, this 2 bedroom apartment Crows Nest investment achieves a modest ASPIRE Score™ of 62/100, reflecting complex economics. This ninth-floor haven offers two sophisticated bathrooms and direct access to the new Metro, embedding luxury within a walkable urban village. Savvy investors note the estimated $650/wk rent yields 1.31%, with a first-year after-tax cashflow position of -$39,837 underscoring a strategy focused on long-term capital growth over immediate income.
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Related Insights
Crows Nest Suburb Profile
2065 · Median $950K
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