What is the price of Unit 1608 at 8 Alexander St, Crows Nest?

Unit 1608 is priced at $2,750,000.

What is the estimated rental yield for Unit 1608?

The estimated gross rental yield is 1.2%.

How does Unit 1608 compare to the Crows Nest median unit price?

The price of $2.75M is significantly higher than the Crows Nest median of $950,000.

What makes this Crows Nest apartment unique?

Unit 1608 offers 16th-floor views, luxury finishes, and direct Metro access in a premium address.

Is Crows Nest a good suburb for property growth?

Yes, Crows Nest has seen 42.1% unit price growth over five years, with strong local demand.

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Residence

Unit 1608

Level 16

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

Name: Unit 1608 — Harbour Views Meet Metro Luxury: Crows Nest's Most Exclusive Address Residences
Brand: Local Knowledge Property
Price: 2750000 AUD
Availability: InStock

Falcon & Alexander — Unit 1608 | 2B/2B/1C

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

62ASPIRE

$2,750,000

1.2% gross yield

Residence Configuration

Bedrooms

Bathrooms

Car Space

96m²

Total Area

Aspect: Building F

Financial Analysis

Purchase Price

$2,750,000

NSW Stamp Duty

$133,660

Est. Weekly Rent

$650/wk

Gross Yield

1.23%

Year 1 After-Tax Cashflow

$-43,348

Est. Mortgage (80% LVR)

$3106/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

While this 2 bedroom apartment in Crows Nest commands a premium at $2.75M, its ASPIRE Score™ of 62/100 indicates this price point significantly outpaces the local median of $950,000. Unit 1608 offers a 16th-floor perspective in 'Building F' within a metro-adjacent luxury development, catering to professionals seeking ultimate convenience. The estimated first-year cashflow of -$43,348 highlights a strategy focused on long-term capital growth, supported by the suburb's strong 12.2% annual unit growth, rather than immediate rental yield.