What is the price of Unit 701 at Falcon & Alexander, Crows Nest?

Unit 701 is priced at $1,350,000.

What is the estimated rental yield for this apartment?

The estimated gross rental yield is 2.5% based on $650 per week rent.

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

Unit 701 is priced $400,000 above the Crows Nest median unit price of $950,000.

Is Crows Nest a good suburb for professionals?

Yes, Crows Nest is highly walkable, close to the CBD, and popular with young professionals due to its dining, transport, and lifestyle.

What is the ASPIRE Intelligence Score for Unit 701?

Unit 701 has an ASPIRE Intelligence Score of 68 out of 100.

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Residence

Unit 701

Level 7

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

Name: Unit 701 — Harbour Views Meet Metro Luxury: Crows Nest's Most Exclusive Address Residences
Brand: Ding Real Estate
Price: 1350000 AUD
Availability: InStock

Falcon & Alexander — Unit 701 | 1B/1B/0C

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

68ASPIRE

$1,350,000

2.5% gross yield

Residence Configuration

Bedroom

Bathroom

Car Spaces

61m²

Total Area

Aspect: Building F

Financial Analysis

Purchase Price

$1,350,000

NSW Stamp Duty

$56,660

Est. Weekly Rent

$650/wk

Gross Yield

2.50%

Year 1 After-Tax Cashflow

$-12,622

Est. Mortgage (80% LVR)

$1525/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

Positioned as a strategic entry into Crows Nest's high-growth unit market, priced $400,000 above the suburb median, this 61m² 1-bedroom apartment offers a low-maintenance urban lifestyle steps from the new Metro station. While its $1,350,000 price point delivers a 2.5% yield, the suburb's 12.2% annual unit growth provides a powerful capital upside, reflected in its solid 68/100 ASPIRE Score™. Savvy investors can leverage the $56,660 stamp duty cost against strong rental demand in a suburb with a tight 1.8% vacancy rate for long-term wealth creation.