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Bridging Loans in Thornton

Need short-term property finance in Thornton? Vertex Capital is a Sydney-based private lender writing bridging loans, second mortgages and development finance secured by property in Thornton and across NSW. No bank committees, no serviceability grind — a letter of offer typically within 24 hours and settlement from 3 business days.

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The Thornton market, from settled sales

Our view of Thornton 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)$840,100206 settled sales
House YoY change+3.0%median vs prior year
Unit median (12 mo)$677,00023 settled sales
DAs lodged (24 mo)117$37.72m est. construction

What we lend in Thornton

On a typical Thornton house at the current median of $840,100, a first-mortgage facility at our 75% LVR guide supports borrowing up to around $630,075. 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 Thornton 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 Thornton

117 development applications were lodged in Thornton over the last 24 months, with a combined estimated construction cost of $37.72m (NSW Planning Portal open data). The largest live applications right now:

SiteEst. costTypeStatus
31 Glenwood Drive Thornton 2322$2.98mIndustrial developmentUnder Assessment
16 Portabello Crescent Thornton 2322$1.80mDemolitionAdditional Information Requested
14 Eurimbla Street Thornton 2322$1.65mMulti-dwelling housingUnder Assessment

Site acquisitions, DA-approved land and residual stock in Thornton 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 Thornton?

Up to 75% LVR on a first mortgage. With the Thornton house median at $840,100 over the last 12 months, that supports facilities up to around $630,075 on a typical property, subject to valuation.

How fast can a bridging loan settle in Thornton?

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 Thornton 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 Thornton?

Yes — Thornton has had 117 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 Thornton scenario?

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

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Nearby areas we lend in

ChisholmEast MaitlandLochinvarGillieston HeightsRutherfordRaymond TerraceAberglasslynCessnock

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