What is the price of Unit 1602 at Falcon & Alexander, Crows Nest?

Unit 1602 is priced at $2,410,000.

What is the rental yield for Unit 1602 in Crows Nest?

Unit 1602 has an estimated gross rental yield of 1.4%.

How close is Unit 1602 to the Crows Nest Metro Station?

Unit 1602 is just steps from the new Crows Nest Metro Station, offering direct CBD access.

What is the ASPIRE Intelligence Score for this apartment?

The ASPIRE Score for Unit 1602 is 62 out of 100.

What is the median unit price and growth in Crows Nest?

Crows Nest's median unit price is $950,000 with 42.1% five-year growth.

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Residence

Unit 1602

Level 16

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

Name: Unit 1602 — Harbour Views Meet Metro Luxury: Crows Nest's Most Exclusive Address Residences
Brand: Local Knowledge Property
Price: 2410000 AUD
Availability: InStock

Falcon & Alexander — Unit 1602 | 2B/2B/1C

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

62ASPIRE

$2,410,000

1.4% gross yield

Residence Configuration

Bedrooms

Bathrooms

Car Space

97m²

Total Area

Aspect: Building F

Financial Analysis

Purchase Price

$2,410,000

NSW Stamp Duty

$114,960

Est. Weekly Rent

$650/wk

Gross Yield

1.40%

Year 1 After-Tax Cashflow

$-35,886

Est. Mortgage (80% LVR)

$2722/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 investment requires a strategic view beyond its initial 1.4% yield, instead capitalising on Crows Nest's 42.1% 5-year unit growth. This premium 16th-floor, 2 bedroom apartment capitalises on the suburb’s transformation via the new Metro, targeting professionals drawn to Willoughby Road's vibrant scene. The estimated first-year cashflow shortfall of $-35,886 is a calculated entry for a $2,410,000 asset in a high-growth, low-vacancy market where median prices have surged 12.2% annually.