What is the price of Unit 1008 at Falcon & Alexander in Crows Nest?

Unit 1008 is priced at $2,620,000.

What is the estimated rental yield for this apartment?

The estimated gross rental yield is 1.3%.

What makes this Crows Nest apartment unique?

It offers a north-facing, high-floor outlook, luxury finishes, and direct access to the new Crows Nest Metro Station.

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

The price of $2,620,000 is significantly above the suburb's median unit price of $950,000, reflecting its luxury status.

Is Crows Nest a good suburb for professionals?

Yes, Crows Nest is popular among young professionals due to its proximity to CBD, metro access, and vibrant lifestyle.

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Residence

Unit 1008

Level 10

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

Name: Unit 1008 — Harbour Views Meet Metro Luxury: Crows Nest's Most Exclusive Address Residences
Brand: Ding Real Estate
Price: 2620000 AUD
Availability: InStock

Falcon & Alexander — Unit 1008 | 2B/2B/1C

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

62ASPIRE

$2,620,000

1.3% gross yield

Residence Configuration

Bedrooms

Bathrooms

Car Space

91m²

Total Area

Aspect: Building F

Financial Analysis

Purchase Price

$2,620,000

NSW Stamp Duty

$126,510

Est. Weekly Rent

$650/wk

Gross Yield

1.29%

Year 1 After-Tax Cashflow

$-40,495

Est. Mortgage (80% LVR)

$2959/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

With a 1.29% rental yield, this premium 2 bedroom apartment Crows Nest investment presents a strategic play for capital growth over immediate income. Positioned on the 10th floor with a north-facing aspect in building F, the $2,620,000 residence offers a lifestyle anchored by the new metro station and Willoughby Road's vibrant scene. The ASPIRE Score of 62/100 reflects a $40,495 first-year cashflow deficit, targeting an investor focused on the suburb's 12.2% annual growth to offset short-term holding costs.