What is the price of Unit 1402 at 8 Alexander St, Crows Nest?

Unit 1402 is priced at $2,350,000.

What is the gross rental yield for Unit 1402?

The estimated gross rental yield is 1.4% based on a weekly rent of $650.

How has the Crows Nest unit market performed over 5 years?

Unit prices in Crows Nest have grown 42.1% over the past five years.

What makes this apartment unique in Crows Nest?

Unit 1402 offers a high-floor position, 97m² of living space, premium views, and direct access to the new Metro station.

What amenities are nearby Unit 1402?

Residents enjoy proximity to the Crows Nest Metro Station, vibrant Willoughby Road dining, and easy CBD access.

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Residence

Unit 1402

Level 14

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

Name: Unit 1402 — Harbour Views Meet Metro Luxury: Crows Nest's Most Exclusive Address Residences
Brand: Local Knowledge Property
Price: 2350000 AUD
Availability: InStock

Falcon & Alexander — Unit 1402 | 2B/2B/1C

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

62ASPIRE

$2,350,000

1.4% gross yield

Residence Configuration

Bedrooms

Bathrooms

Car Space

97m²

Total Area

Aspect: Building F

Financial Analysis

Purchase Price

$2,350,000

NSW Stamp Duty

$111,660

Est. Weekly Rent

$650/wk

Gross Yield

1.44%

Year 1 After-Tax Cashflow

$-34,569

Est. Mortgage (80% LVR)

$2654/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 1.44% gross yield, this $2.35M investment is positioned for premium capital growth in a suburb where unit prices have surged 42.1% over five years. This high-floor, 97m² 2 bedroom apartment in Crows Nest offers a dynamic lifestyle at the doorstep of the new Metro station and vibrant Willoughby Road. Despite a first-year cashflow of -$34,569, its ASPIRE Score of 62/100 reflects strong future potential driven by Crows Nest’s undersupply and a 1.8% vacancy rate.