What is the price of Unit 1408 at Falcon & Alexander, Crows Nest?

Unit 1408 is priced at $2,690,000.

What is the rental yield for this apartment?

The estimated gross rental yield is 1.3% based on an estimated rent of $650 per week.

How close is Unit 1408 to public transport?

Unit 1408 is just steps from the new Crows Nest Metro Station, offering direct access to the Sydney CBD.

Is Crows Nest a good suburb for long-term growth?

Crows Nest units have seen 42.1% price growth over five years, with strong demand and new metro connectivity supporting future value.

What makes Unit 1408 unique?

Located on the 14th floor, it offers expansive harbour views, premium finishes, and a prime address in Sydney's Lower North Shore.

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Residence

Unit 1408

Level 14

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

Name: Unit 1408 — Harbour Views Meet Metro Luxury: Crows Nest's Most Exclusive Address Residences
Brand: Ding Real Estate
Price: 2690000 AUD
Availability: InStock

Falcon & Alexander — Unit 1408 | 2B/2B/1C

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

62ASPIRE

$2,690,000

1.3% gross yield

Residence Configuration

Bedrooms

Bathrooms

Car Space

96m²

Total Area

Aspect: Building F

Financial Analysis

Purchase Price

$2,690,000

NSW Stamp Duty

$130,360

Est. Weekly Rent

$650/wk

Gross Yield

1.26%

Year 1 After-Tax Cashflow

$-42,032

Est. Mortgage (80% LVR)

$3038/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

Commanding a 14th-floor premium with a $2,690,000 price point, this two-bedroom apartment offers a sophisticated Crows Nest lifestyle steps from the new Metro, yet its 1.26% yield and an ASPIRE Score™ of 62 signal a premium for position over immediate income. Investors should note the strong $650/week rental demand from professionals, but prepare for an initial cashflow position with a first-year shortfall of $-42,032 after tax.