What is the price of Unit 1007 at Falcon & Alexander, Crows Nest?

Unit 1007 is priced at $2,570,000.

What is the estimated rental yield for this apartment?

The estimated gross rental yield for Unit 1007 is 1.3%.

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

This apartment is priced significantly above the suburb's $950,000 median, reflecting its luxury and position.

What amenities are nearby Unit 1007 in Crows Nest?

The apartment is steps from the new Crows Nest Metro Station, Willoughby Road cafes, and has easy CBD access.

What is the ASPIRE Intelligence Score for this property?

Unit 1007 at Falcon & Alexander has an ASPIRE Intelligence Score of 62 out of 100.

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Residence

Unit 1007

Level 10

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

Name: Unit 1007 — Harbour Views Meet Metro Luxury: Crows Nest's Most Exclusive Address Residences
Brand: Local Knowledge Property
Price: 2570000 AUD
Availability: InStock

Falcon & Alexander — Unit 1007 | 2B/2B/1C

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

62ASPIRE

$2,570,000

1.3% gross yield

Residence Configuration

Bedrooms

Bathrooms

Car Space

94m²

Total Area

Aspect: Building F

Financial Analysis

Purchase Price

$2,570,000

NSW Stamp Duty

$123,760

Est. Weekly Rent

$650/wk

Gross Yield

1.32%

Year 1 After-Tax Cashflow

$-39,398

Est. Mortgage (80% LVR)

$2903/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

Positioned at Crows Nest's premier address, this 2 bedroom apartment Crows Nest investment is priced at a significant $2,570,000 premium to the suburb's $950,000 unit median, reflecting its exclusive positioning. This 10th-floor, 94m² residence delivers a low-maintenance, high-convenience lifestyle directly benefiting from the new Metro Station. With an ASPIRE Score™ of 62/100, investors should note the estimated first-year after-tax cashflow of -$39,398, anticipating strong capital growth to offset the 1.32% yield in this high-demand rental precinct.