What is the price of Unit 906 at Falcon & Alexander, Crows Nest?

Unit 906 is priced at $2,540,000.

What is the rental yield for Unit 906 in Crows Nest?

The estimated gross rental yield for Unit 906 is 1.3%.

How does Unit 906 compare to the median unit price in Crows Nest?

Unit 906 is priced at a significant premium, with the Crows Nest median unit price at $950,000.

What amenities are near Unit 906 in Crows Nest?

Unit 906 is steps from the new Crows Nest Metro station, vibrant Willoughby Road dining, and close to CBD and harbourside parks.

Is Crows Nest a good suburb for property growth?

Crows Nest has seen 42.1% unit price growth over five years, driven by strong demand and new infrastructure.

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Residence

Unit 906

Level 9

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

Name: Unit 906 — Harbour Views Meet Metro Luxury: Crows Nest's Most Exclusive Address Residences
Brand: Local Knowledge Property
Price: 2540000 AUD
Availability: InStock

Falcon & Alexander — Unit 906 | 2B/2B/1C

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

62ASPIRE

$2,540,000

1.3% gross yield

Residence Configuration

Bedrooms

Bathrooms

Car Space

92m²

Total Area

Aspect: Building F

Financial Analysis

Purchase Price

$2,540,000

NSW Stamp Duty

$122,110

Est. Weekly Rent

$650/wk

Gross Yield

1.33%

Year 1 After-Tax Cashflow

$-38,739

Est. Mortgage (80% LVR)

$2869/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

Priced at a 167% premium to the Crows Nest median unit price, this $2.54 million apartment targets the prestige investor. Your 92sqm two-bedroom, two-bathroom residence delivers a low-maintenance, high-amenity lifestyle steps from the new Metro station, aligning with the suburb's 88/100 walkability. The resulting ASPIRE Score of 62/100 signals this is a capital growth play, where the $650 weekly rent reflects strong tenant demand, albeit with an annual cashflow shortfall of -$38,739 requiring a strategic, long-term investment horizon.