Fabulous Clifftop Home

36 Wentworth St Dover Heights


Glorious, unobstructed views over the Tasman Sea to the East and Sydney city to the West, a rare offering for an astute buyer.

Set on a level 544m2 block ( 14.86 × 45m ) approximately, this 1920’s home is ideal for those seeking a blue-chip location. 

Completely liveable as is and would benefit from a renovation or full development.

Flooded in natural light showcasing a spacious, full-width kitchen and family room, with direct access to a large entertaining deck makes this an easy-living home. 

A sun -drenched rear garden adds to the allure of this location with its cul-de-sac address.

Price Guide is $5,500,000

Finance in Sydney 2019

It’s almost as if the major banks have hollered “head for the hills”, lock up your daughters.

Last week I had a client who had pre-approval to buy, but the bank would not give final finance approval until they could value the property and they would not value it unless she had exchanged contracts.

Whoa! Welcome to the world of over-reaction.

We exchanged with a 5 day cooling off and got the deal over the line- so what’s the lesson here? Be careful, as if you as an agent, know that they are not financed, you cannot exchange unconditionally.

Market Stabilises- Banks to lose out

With the banks suffering their worst month ever in PR terms as a  result of the results from the Royal Commission, their reaction in punishing borrowers by insisting on more onerous lending  criteria can only lead to tears for the borrowers and ultimately themselves as there now exits a perfect vacuum for a new lending model to come into being– watch this space !

Who Do You Believe?

Who do you believe? What is the clearance rate at auctions? Should I sell now or should I wait until later ? Auction versus private treaty?  Well, the answer is in all of these but WITHOUT A DOUBT, your property needs to be exposed to as many buyers as possible to achieve the highest price in any market.

How do you know that someone else would not pay a better price if you are selling off market to one buyer who supposedly will pay a premium?

Is this premium price the market price ?


What Does 2018 Bring to Sydney Real Estate

Sales are off to a healthy start but not at levels of consumer interest that we saw during mid 2017.

Commentators are still talking about a “crash” not realising that it would take  high unemployment, higher inflation, 2-3% hike in interest rates and a low dollar  before a major change in prices would occur.

Apartments in some corridors will experience a leveling off and we are seeing that now but this was expected with the withdrawal of the overseas buyers due to Federal and State taxation policies.

This market is all about confidence from buyers and sellers and that is there in abundance

Where Do you Put your Money?

Banks give you 2%,

Stockmarket is for those who can afford to lose, or have an appetite for risk.

Bitcoin is hard to understand and may be a bubble.

Cash under the bed means you need a really big bed.

So there you go- Sydney Real estate which has more than quadrupled since 1988!

Spring Selling Season Real Estate Sydney

So here we are in 2017 with the experts saying a crash is coming- again! Let’s be frank; Sydney expands by 80,000 people each year  and we barely build new dwellings ( houses and apartments) in sufficient numbers to satisfy 75% of that.

Until demand is less than supply, prices will remain as is , static or rising; it’s a simple law of economics

I thought it worthwhile referring you all to this site as it covers very well what’s likely to occur with a crackdown in China on property investing overseas, an excerpt from David Chin follows

“China’s release of a formal list of ‘banned’, ‘restricted’ or ‘encouraged’ overseas investments is a game changer for Australia’s property industry.

Overseas property (commercial, residential developments, hotels, theme parks) is now restricted (though not banned).

Chinese investors/developers can expect tougher government assessments that their deals are not ‘irrational’ and are within their ‘core’ business.

The result is increased uncertainty with the following consequences for property developers.

  1. Demand/supply balance for deals now favours a reduced buyer pool. Buyers will ‘wait and see’ to flush out distressed sales and/or negotiate harder.
  2. Property assets currently earmarked to be ‘flipped’ by speculative owners will become distressed sales if owners have limited funding sources/holding capacity.
  3. Plans by Chinese owners to roll their commercial properties into REITs (real estate investment trusts, hotel investment funds etc – another form of ‘flipping’?) for sale to other Chinese investors will want clarity on whether ‘equity investment funds’ now identified on the ‘restricted list’ will be a problem.
  4. But Chinese/Australian developers here for the long-term will benefit as speculative offshore developers will exit, leading to lower site costs, reduced construction activity and less supply of apartments.

However Chinese overseas individual investors into Australia are also facing headwinds. They include:

  1. 17% in combined transaction, interest rate and levy costs (on a $1m deal – a break-down of this 17% will be released ahead of my 20 Nov property event) acting as a major deterrent for new offshore buyers.
  2. Difficulty in getting Australian bank financing for settlement, but a number of non-bank lenders have stepped into this market in recent months. Mirvac and Lendlease recently announced settlement failures are still under 2%…but one should ask them how many settlements have been delayed past 30 June 2017. AV Jennings reported 5% of settlements were delayed.”


End Of Year

The financial year is almost over and let’s look at where you can buy affordable property. Apartments are proving a great seller on all points of the compass and our team would be pleased to walk you through the returns for an investment on each property plus the anticipated capital growth expected in each suburb.

Stand alone and semi type homes are in firm demand and we have favoured suburbs that may interest you

Give us a call on +61  618 473 780

Great Terrace for Sale- 115 Hargrave St Paddington , Guide $3,650,000

A Classic  Paddington Residence


Appealing to all, this classic wide-fronted terrace ( 6.2m ) sits prominently towards the Woollahra end of Hargrave St.

Entry level has 2 living areas, dining room plus a modern kitchen, polished floorboards throughout, separate full bathroom with laundry.

Level one accommodation offers a master with ensuite, 2 further bedrooms, full bathroom and a rear teen retreat /5th bedroom, with separate terrace and entry.

The attic bedroom is light-flooded with a full ensuite.

Outside we have a private paved courtyard ideal for lazy lunches and adjacent is the rear paved off-street parking accessed via auto roller door.



2 two spacious living rooms, polished floors

Large dining room for 8 persons

Modern kitchen with island bench

Fold back doors to the alfresco dining courtyard

Verandah off the front living room, balcony off the master bedroom

4 spacious bedrooms

Bright, airy teen retreat / 5th bedroom

4 bathrooms throughout on all levels

Reverse cycle air, alarm, gas bayonets on level one and outside for BBQ

Land 197m2 approx


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