What is the price of Unit 2007 at 8 Alexander St, Crows Nest?

Unit 2007 is priced at $2,920,000.

What is the rental yield for this apartment?

The estimated gross yield for Unit 2007 is 1.2%.

How close is this property to the Crows Nest Metro Station?

Unit 2007 is within walking distance of the new Crows Nest Metro Station.

What is the median unit price in Crows Nest?

The median unit price in Crows Nest is $950,000.

What lifestyle amenities are nearby?

Crows Nest offers vibrant dining, cafes, harbourside parks, and direct CBD access.

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Residence

Unit 2007

Level 20

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

Name: Unit 2007 — Harbour Views Meet Metro Luxury: Crows Nest's Most Exclusive Address Residences
Brand: Local Knowledge Property
Price: 2920000 AUD
Availability: InStock

Falcon & Alexander — Unit 2007 | 2B/2B/1C

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

62ASPIRE

$2,920,000

1.2% gross yield

Residence Configuration

Bedrooms

Bathrooms

Car Space

91m²

Total Area

Aspect: Building F

Financial Analysis

Purchase Price

$2,920,000

NSW Stamp Duty

$143,010

Est. Weekly Rent

$650/wk

Gross Yield

1.16%

Year 1 After-Tax Cashflow

$-47,080

Est. Mortgage (80% LVR)

$3298/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

Commanding a premium price of $2,920,000, this two-bedroom apartment investment in Crows Nest presents a strategic entry point into a suburb with a formidable 42.1% five-year unit growth. Unit 2007 offers a modern two-bedroom, two-bathroom layout within a luxury complex positioned to capitalise on the new metro connectivity and vibrant local lifestyle. While the yield of 1.16% reflects its premium positioning, investors should note the $47,080 first-year after-tax cashflow shortfall, prioritising long-term capital growth in this high-demand, low-vacancy market.