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Bridging Loans in Sans Souci

When a purchase in Sans Souci can't wait for a bank, brokers come to us. Vertex Capital writes bridging loans, second mortgages and development finance secured against Sans Souci property — decisions from a Sydney credit desk, a letter of offer typically within 24 hours, and settlement from 3 business days.

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The Sans Souci market, from settled sales

Our view of Sans Souci starts with settled sales data, not listing prices. The figures below come from NSW Valuer General records covering the last 12 months.

House median (12 mo)$2.74m67 settled sales
House YoY change+14.3%median vs prior year
Unit median (12 mo)$1.05m114 settled sales
DAs lodged (24 mo)109$65.55m est. construction

What we lend in Sans Souci

On a typical Sans Souci unit at the current median of $1.05m, a first-mortgage facility at our 75% LVR guide supports borrowing up to around $787,500. Second mortgages run to 65% combined LVR and commercial security to 70%. Rates start at 9.7% p.a. with establishment fees from 1.65% — all business-purpose, secured by real property.

Typical scenarios: bridging a Sans Souci purchase before an existing property settles, refinancing a maturing facility, releasing equity for business use, or settling an auction purchase the bank can't fund in time.

Development activity in Sans Souci

109 development applications were lodged in Sans Souci over the last 24 months, with a combined estimated construction cost of $65.55m (NSW Planning Portal open data). The largest live applications right now:

SiteEst. costTypeStatus
73 Vista Street Sans Souci 2219$2.23mDemolitionAdditional Information Requested
305 The Grand Parade Sans Souci 2219$1.58mDemolitionUnder Assessment

Site acquisitions, DA-approved land and residual stock in Sans Souci are all fundable — development finance up to 65% LVR, with early exits allowed once presales or refinance land.

Frequently asked questions

How much can I borrow against a property in Sans Souci?

Up to 75% LVR on a first mortgage. With the Sans Souci unit median at $1.05m over the last 12 months, that supports facilities up to around $787,500 on a typical property, subject to valuation.

How fast can a bridging loan settle in Sans Souci?

A letter of offer typically issues within 24 hours of receiving the scenario, and settlement can occur in as little as 3 business days once valuation and legals are in place.

What does a bridging loan in Sans Souci cost?

Rates from 9.7% p.a. and establishment fees from 1.65% of the facility. Interest is usually retained at settlement or capitalised, so there are no monthly repayments during the term.

Do you fund development sites in Sans Souci?

Yes — Sans Souci has had 109 DAs lodged in the last 24 months, and we lend against development sites, DA-approved land and residual stock at up to 65% LVR.

Have a live Sans Souci scenario?

Send the security address, loan amount and exit — formal terms typically within 24 hours.

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Nearby areas we lend in

HurstvilleCarltonKogarahRockdalePenshurstBrighton-Le-SandsMortdaleOatley

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