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Residence
Unit 1502
Level 15
Harbour Views Meet Metro Luxury: Crows Nest's Most Exclusive Address Residences
Falcon & Alexander — Unit 1502 | 2B/2B/1C
8 Alexander St Crows Nest NSW 2065 · Crows Nest, NSW 2065
62ASPIRE
$2,380,000
1.4% gross yield
Residence Configuration
2
Bedrooms
2
Bathrooms
1
Car Space
97m²
Total Area
Aspect: Building F
Financial Analysis
Purchase Price
$2,380,000
NSW Stamp Duty
$113,310
Est. Weekly Rent
$650/wk
Gross Yield
1.42%
Year 1 After-Tax Cashflow
$-35,228
Est. Mortgage (80% LVR)
$2688/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 an ASPIRE Score™ of 62/100, this $2,380,000 apartment presents a yield of 1.42%, significantly below the suburb's 4.8% median. Its premium 15th-floor, 2-bedroom configuration targets a luxury metro-adjacent lifestyle just blocks from the new station, appealing to high-income professionals. The estimated first-year after-tax cashflow of -$35,228 highlights a strategy prioritising long-term capital growth over immediate income, supported by Crows Nest's 12.2% annual unit price growth.
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Crows Nest Suburb Profile
2065 · Median $950K
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