Ding Real EstateIntegrated Property Financial Advisory
CPA Public Practice·AFSL Since 2001·Licensed Real Estate·$300M+ Settled
Residence
Unit 1006
Level 10
Harbour Views Meet Metro Luxury: Crows Nest's Most Exclusive Address Residences
Falcon & Alexander — Unit 1006 | 2B/2B/1C
8 Alexander St Crows Nest NSW 2065 · Crows Nest, NSW 2065
62ASPIRE
$2,570,000
1.3% gross yield
Residence Configuration
2
Bedrooms
2
Bathrooms
1
Car Space
92m²
Total Area
Aspect: Building F
Financial Analysis
Purchase Price
$2,570,000
NSW Stamp Duty
$123,760
Est. Weekly Rent
$650/wk
Gross Yield
1.32%
Year 1 After-Tax Cashflow
$-39,398
Est. Mortgage (80% LVR)
$2903/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 $2,570,000, this 2 bedroom apartment in Crows Nest represents a significant $1.62 million premium over the suburb's $950,000 median unit price, targeting a premium, low-yield segment for capital-focused investors. This high-floor, two-bathroom residence offers a low-maintenance lifestyle in a metro-adjacent hub celebrated for its 88/100 walkability and vibrant cafe culture. With an ASPIRE Score™ of 62/100, investors should note the estimated first-year after-tax cashflow of -$39,398, underscoring a strategy reliant on Crows Nest's strong 42.1% five-year unit growth.
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Related Insights
Crows Nest Suburb Profile
2065 · Median $950K
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