What is the price of Unit 2002 at Falcon & Alexander, Crows Nest?

Unit 2002 is priced at $2,650,000.

What is the estimated rental yield for this apartment?

The estimated gross rental yield is 1.3% based on an estimated rent of $650 per week.

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

At $2,650,000, Unit 2002 is significantly above the suburb’s median unit price of $950,000, reflecting its luxury status and location.

What is the ASPIRE Intelligence Score for this property?

The ASPIRE Intelligence Score for Unit 2002 is 62 out of 100.

What lifestyle can buyers expect in Crows Nest?

Buyers can enjoy urban living with excellent dining, cafes, direct Metro access, and proximity to both CBD and harbourside amenities.

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Residence

Unit 2002

Level 20

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

Name: Unit 2002 — Harbour Views Meet Metro Luxury: Crows Nest's Most Exclusive Address Residences
Brand: Local Knowledge Property
Price: 2650000 AUD
Availability: InStock

Falcon & Alexander — Unit 2002 | 2B/2B/1C

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

62ASPIRE

$2,650,000

1.3% gross yield

Residence Configuration

Bedrooms

Bathrooms

Car Space

97m²

Total Area

Aspect: Building F

Financial Analysis

Purchase Price

$2,650,000

NSW Stamp Duty

$128,160

Est. Weekly Rent

$650/wk

Gross Yield

1.28%

Year 1 After-Tax Cashflow

$-41,154

Est. Mortgage (80% LVR)

$2993/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 $2,650,000 apartment sits well above Crows Nest's $950,000 unit median, targeting premium capital growth over immediate yield. This high-floor 2 bedroom apartment offers a coveted north-east aspect in a luxury building just moments from the new metro station. The $650 weekly rent translates to a 1.28% yield, resulting in a first-year outlay of $41,154, positioning this as a strategic, high-conviction play for long-term Lower North Shore wealth creation.