What is the price of Unit 904 at Falcon & Alexander in Crows Nest?

Unit 904 is priced at $1,500,000.

What is the rental yield for Unit 904 in Crows Nest?

The estimated gross rental yield is 2.3% based on a weekly rent of $650.

How does the price of Unit 904 compare to the Crows Nest median unit price?

Unit 904 is priced $550,000 above the suburb's $950,000 median unit price.

What makes living at Falcon & Alexander special?

Direct Metro access, premium location, a spacious 72m² layout, and vibrant dining and urban lifestyle.

What infrastructure improvements have impacted Crows Nest property values?

The opening of Crows Nest Metro Station in 2024 has driven significant growth and demand.

Ding Real EstateIntegrated Property Financial Advisory

CPA Public Practice·AFSL Since 2001·Licensed Real Estate·$300M+ Settled

About Contact

Residence

Unit 904

Level 9

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

Name: Unit 904 — Harbour Views Meet Metro Luxury: Crows Nest's Most Exclusive Address Residences
Brand: Ding Real Estate
Price: 1500000 AUD
Availability: InStock

Falcon & Alexander — Unit 904 | 1B/1B/0C

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

64ASPIRE

$1,500,000

2.3% gross yield

Residence Configuration

Bedroom

Bathroom

Car Spaces

72m²

Total Area

Aspect: Building F

Financial Analysis

Purchase Price

$1,500,000

NSW Stamp Duty

$64,910

Est. Weekly Rent

$650/wk

Gross Yield

2.25%

Year 1 After-Tax Cashflow

$-15,914

Est. Mortgage (80% LVR)

$1694/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 $1.5M, this investment presents a significant $550,000 premium over Crows Nest's $950,000 median, targeting capital growth over immediate yield. This coveted 72m² 1 bedroom apartment on level 9 offers a lock-and-leave lifestyle directly connected to the new Metro, appealing to high-income professionals. While the ASPIRE Score™ of 64/100 reflects a yield of 2.25%, strategic investors are targeting the suburb's 42.1% 5-year unit growth to offset the first-year cashflow position.