What is the price of Unit 1908 at Falcon & Alexander in Crows Nest?

Unit 1908 is priced at $5,350,000.

What is the estimated rental yield for this apartment?

The estimated gross yield is 0.6%, with an estimated rent of $650 per week.

How does Unit 1908 compare to the Crows Nest median unit price?

Unit 1908 is significantly above the Crows Nest median unit price of $950,000, reflecting its size, views, and prestige.

What public transport options are available in Crows Nest?

Crows Nest Metro Station provides direct access to Sydney CBD and surrounds, with a public transport rating of 9/10.

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

Crows Nest has seen 12.2% unit price growth in the past year and 42.1% over five years, indicating strong long-term prospects.

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Residence

Unit 1908

Level 19

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

Name: Unit 1908 — Harbour Views Meet Metro Luxury: Crows Nest's Most Exclusive Address Residences
Brand: Ding Real Estate
Price: 5350000 AUD
Availability: InStock

Falcon & Alexander — Unit 1908 | 3B/2B/1C

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

61ASPIRE

$5,350,000

0.6% gross yield

Residence Configuration

Bedrooms

Bathrooms

Car Space

163m²

Total Area

Aspect: Building F

Financial Analysis

Purchase Price

$5,350,000

NSW Stamp Duty

$374,500

Est. Weekly Rent

$650/wk

Gross Yield

0.63%

Year 1 After-Tax Cashflow

$-100,412

Est. Mortgage (80% LVR)

$6043/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 $5.35 million price point, this 3 bedroom apartment Crows Nest investment has an ASPIRE Score™ of 61/100, significantly underperforming the suburb's 12.2% median unit growth. Its 163m² tri-level residence provides luxury space and immediate Metro access, yet its $650/wk estimated rent creates a 0.63% yield and a forecast first-year cashflow deficit of over $100,000, demanding scrutiny against the suburb's 4.8% average yield.