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CPA Public Practice·AFSL Since 2001·Licensed Real Estate·$300M+ Settled
Residence
Unit 2102
Level 21
Harbour Views Meet Metro Luxury: Crows Nest's Most Exclusive Address Residences
Falcon & Alexander — Unit 2102 | 2B/2B/1C
8 Alexander St Crows Nest NSW 2065 · Crows Nest, NSW 2065
62ASPIRE
$2,700,000
1.3% gross yield
Residence Configuration
2
Bedrooms
2
Bathrooms
1
Car Space
97m²
Total Area
Aspect: Building F
Financial Analysis
Purchase Price
$2,700,000
NSW Stamp Duty
$130,910
Est. Weekly Rent
$650/wk
Gross Yield
1.25%
Year 1 After-Tax Cashflow
$-42,251
Est. Mortgage (80% LVR)
$3050/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
Despite a low headline yield of 1.25%, this 21st-floor, 2-bedroom apartment in Crows Nest offers a strategic entry into a market where units have surged 42.1% in 5 years, providing unrivalled Metro connectivity and urban lifestyle. The north-facing residence in this luxury building commands a premium at $2,700,000, reflecting its exclusive Lower North Shore address and walkability to vibrant Willoughby Road. With vacancy rates at a tight 1.8%, the $650/week rent underpins strong demand, though investors should note the current negative cashflow, as highlighted by its ASPIRE Score of 62/100.
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Related Insights
Crows Nest Suburb Profile
2065 · Median $950K
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