What is the price of Unit 1506 at Falcon & Alexander, Crows Nest?

Unit 1506 is priced at $2,720,000.

What is the rental yield for this apartment?

Unit 1506 has an estimated gross rental yield of 1.2%.

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

The price is a 186% premium over Crows Nest’s median unit price of $950,000.

What amenities are nearby Unit 1506?

The apartment is near Crows Nest Metro Station, vibrant cafes, dining, and offers easy CBD access.

What is the ASPIRE Intelligence Score for this property?

Unit 1506 has an ASPIRE Intelligence Score of 62 out of 100.

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Residence

Unit 1506

Level 15

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

Name: Unit 1506 — Harbour Views Meet Metro Luxury: Crows Nest's Most Exclusive Address Residences
Brand: Local Knowledge Property
Price: 2720000 AUD
Availability: InStock

Falcon & Alexander — Unit 1506 | 2B/2B/1C

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

62ASPIRE

$2,720,000

1.2% gross yield

Residence Configuration

Bedrooms

Bathrooms

Car Space

94m²

Total Area

Aspect: Building F

Financial Analysis

Purchase Price

$2,720,000

NSW Stamp Duty

$132,010

Est. Weekly Rent

$650/wk

Gross Yield

1.24%

Year 1 After-Tax Cashflow

$-42,690

Est. Mortgage (80% LVR)

$3072/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

This property's ASPIRE Intelligence™ Score of 62/100 highlights a significant premium positioning, underscored by its $2,720,000 price point commanding a 186% premium over the suburb's $950,000 median for units. This level 15, two-bedroom, two-bathroom apartment offers a prime Crows Nest configuration for professionals seeking a low-maintenance, high-amenity lifestyle moments from the new Metro station. The estimated first-year after-tax cashflow of -$42,690 reflects a strategic, growth-focused acquisition, where robust 12.2% annual unit growth is prioritised over immediate yield in this high-demand, 1.8% vacancy rate market.