What is the price of Unit 1002 at Falcon & Alexander in Crows Nest?

Unit 1002 is priced at $2,230,000.

What is the estimated rental yield for this apartment?

The estimated gross yield for Unit 1002 is 1.5%, with an expected rent of $650 per week.

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

This apartment is priced significantly above the Crows Nest median unit price of $950,000, reflecting its premium features and location.

What are the lifestyle benefits of living in Crows Nest?

Crows Nest offers metro connectivity, vibrant dining and cafes, a high walkability score, and proximity to both the CBD and harbourside recreation.

Is Crows Nest a good suburb for professionals?

Yes, Crows Nest is highly sought-after by professionals due to its urban convenience, new metro station, and active social scene.

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Residence

Unit 1002

Level 10

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

Name: Unit 1002 — Harbour Views Meet Metro Luxury: Crows Nest's Most Exclusive Address Residences
Brand: Ding Real Estate
Price: 2230000 AUD
Availability: InStock

Falcon & Alexander — Unit 1002 | 2B/2B/1C

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

63ASPIRE

$2,230,000

1.5% gross yield

Residence Configuration

Bedrooms

Bathrooms

Car Space

97m²

Total Area

Aspect: Building F

Financial Analysis

Purchase Price

$2,230,000

NSW Stamp Duty

$105,060

Est. Weekly Rent

$650/wk

Gross Yield

1.52%

Year 1 After-Tax Cashflow

$-31,936

Est. Mortgage (80% LVR)

$2519/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

Secured with a competitive $2,230,000 price point against the $950,000 suburb median, this 10th-floor, 2-bedroom apartment investment offers immediate equity upside. This north-facing unit in Crows Nest's premier precinct delivers a low-maintenance, metro-adjacent lifestyle for professionals, with an ASPIRE Score™ of 63/100. While the $650 weekly rent yields 1.52%, investors should note the first-year after-tax cashflow position of -$31,936, positioning this for capital growth over short-term income.