What is the price of Unit 1603 at Falcon & Alexander, Crows Nest?

Unit 1603 is priced at $3,500,000.

What is the rental yield for this apartment in Crows Nest?

The estimated gross yield for Unit 1603 is 1.0% based on a weekly rent of $650.

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

At $3.5 million, this apartment is positioned as a luxury offering, well above the suburb's median unit price of $950,000.

What are the lifestyle benefits of living in Crows Nest?

Crows Nest offers excellent Metro connectivity, a vibrant dining and cafe scene, high walkability, and proximity to CBD and harbourside recreation.

What is the ASPIRE Intelligence Score for Unit 1603?

The ASPIRE Intelligence Score for this apartment is 61 out of 100.

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Residence

Unit 1603

Level 16

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

Name: Unit 1603 — Harbour Views Meet Metro Luxury: Crows Nest's Most Exclusive Address Residences
Brand: Local Knowledge Property
Price: 3500000 AUD
Availability: InStock

Falcon & Alexander — Unit 1603 | 3B/2B/2C

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

61ASPIRE

$3,500,000

1.0% gross yield

Residence Configuration

Bedrooms

Bathrooms

Car Spaces

118m²

Total Area

Aspect: Building F

Financial Analysis

Purchase Price

$3,500,000

NSW Stamp Duty

$174,910

Est. Weekly Rent

$650/wk

Gross Yield

0.97%

Year 1 After-Tax Cashflow

$-59,809

Est. Mortgage (80% LVR)

$3953/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 median unit price of $950,000 and a suburb growth rate of 12.2% over the past year, this $3,500,000 three-bedroom apartment offers a luxury holding in a booming market. The Level 16 residence provides a premium Crows Nest lifestyle with direct Metro access, catering to high-income professionals seeking space and convenience. While the yield is 0.97%, the investment is geared for substantial capital growth, evidenced by its ASPIRE Score™ of 61/100 and underpinned by a vacancy rate of just 1.8%.