Bridging Between Two Northbridge Investment Assets

If your company or trust is settling one investment property in Northbridge while another one is still being sold, that gap is usually fundable as a single facility secured over both assets and repaid when the sale completes, and what tends to decide it is the calendar rather than the credit, because so few houses change hands here that the asset you want comes up on its own schedule rather than yours.

Key facts for Northbridge (2063), 12 months to September 2026

• Median four-bedroom house: $4.865 million. Three-bedroom: $3.62 million. Five-bedroom: $6.18 million.
• Four-bedroom houses take about 49 days to sell. Five-bedroom houses take about 77 days.
• Auction clearance is 45% on four-bedroom houses and 48% on five-bedroom.
• Only 74 house sales and 24 unit sales in the past twelve months.
• 80% of Northbridge households are owner-occupiers, and 61% are family households.

Can a company bridge between a purchase and a sale in Northbridge?

Usually yes, as long as the debt at its worst moment sits inside 75% of the combined value of the two assets, and that's the test we run before anything else. The borrower needs to be a company, a trust with a corporate trustee, an SMSF, or an individual where the loan isn't NCCP-regulated, and the money has to be going into a business or an investment. We've set out a scenario along these lines elsewhere, which shows what bridging looks like when the sale hasn't happened yet and why the term you write matters more than the rate you pay.

A worked Northbridge example

Say a company owns a three-bedroom Northbridge investment house worth about $3.62 million with $1.2 million still owing to a bank, and it has exchanged on a four-bedroom at $4.865 million that settles in January, well before the three-bedroom sale completes.

At 71.3% this fits with roughly $315,000 of room beneath the cap, which will absorb a modest valuation difference but not a bad one.

When the three-bedroom sells at $3.62 million, about $98,000 of selling costs come out, roughly $3.52 million repays the facility, and end debt of around $2.53 million sits at about 52% against the retained four-bedroom, which a bank can take out on ordinary terms. A sale 10% under expectation removes about $362,000 from that repayment, which is more than the whole headroom, so size the facility off a conservative sale price.

How long would a Northbridge house take to sell?

Domain puts four-bedroom houses at about 49 days and five-bedroom at about 77 days, though the published figure only describes the houses that actually sold and says nothing at all about the ones still sitting on the market.

Sydney house values fell 3.3% in the June 2026 quarter after three rate rises early in the year, clearance dropped to 48% and a record 29.3% of auctions were withdrawn, so if the exit is a sale rather than a refinance then that's what you size the term against, and you'd rather have eighteen months and not need them than have six and run out in a soft market.

What actually settles here

No private mortgage settled against a Northbridge property in the 90 days to August 2026, though five settled across northern Sydney in that window, one each in Neutral Bay and Willoughby East, two in Ryde and one in Frenchs Forest, ranging from $250,000 to $3.28 million, being two business investments, a refinance, a purchase and a construction line.

Nationally there were 196 in the same 90 days, 115 first mortgages and 81 seconds, at a median loan of $765,500 with 82% secured by residential property, and the purpose split runs refinance 55, purchase 42, working capital 39, business investment 26, construction 19, debt consolidation 10, bridging 3 and subdivision 2. Only three of the 196 were bridging, which surprises people, because most of what private credit does is refinance and release capital rather than cover the gap between two settlements.

We see it on the lower north shore more often than that split suggests, though a bank will usually do it more cheaply where the group's servicing carries both positions and you've got a couple of months to arrange it.

What Vía Private lends on

What we will not do

We don't do consumer credit regulated by the National Credit Act, so if the property is a home you live in and the money is for something personal then we're not the right lender. We don't fund construction or development, and we don't lend against vacant land or pre-DA sites. Beyond that we won't lend where there's no credible exit, and we won't lend against a valuation we haven't tested ourselves.

Questions people ask

Can a company settle a Northbridge investment purchase before the property it is selling settles? Yes. A bridging facility takes security over both properties and is repaid from the sale proceeds. Peak debt must stay inside 75% of the combined value, and the borrower must be a company, trust, SMSF or a non-NCCP individual borrowing for business or investment purposes.

How long does it take to sell a house in Northbridge? About 49 days for four-bedroom and 77 days for five-bedroom houses on Domain data for the 12 months to September 2026, with auction clearance between 45% and 48%. Only 74 houses sold in the year, so allow longer than the median.

Is the LVR tighter when the asset being bought is worth more than the one being sold? Usually yes. The purchase is large relative to the existing security, so peak debt rises faster than combined value. A cash contribution is often what brings the position back inside 75%.

Does my income matter? Less than it would at a bank. Short-term property-secured lending is assessed mainly on the security and the exit, and interest is commonly prepaid or capitalised rather than paid from income.

What happens if the sale does not complete before the facility expires? The facility is extended or refinanced and interest keeps accruing on a larger balance. Write a longer term than you expect to need, and ask for the rollover fee and the default margin before you sign.

Getting a Northbridge scenario looked at

Most of the scenarios we see come through accredited mortgage brokers, so if you're already working with one, send them this page and they can put it to us. If you'd rather come to us first, email begin@viaprivate.com.au with the property, the amount you need, what it's for and how you plan to repay it.

Nearby: Castlecrag · Willoughby · Cammeray · Mosman · Lane Cove

---

Figures are indicative and for illustration only. Median values are Domain suburb data for the 12 months to September 2026. Market commentary is from the Domain House Price Report, June quarter 2026. Settlement counts are from a private lending panel covering 196 mortgages funded nationally in the 90 days to August 2026. Transfer duty is calculated at Revenue NSW 2026-27 rates. Vía Private lends to companies, trusts and SMSFs for business and investment purposes only and does not provide consumer credit regulated by the National Credit Act. This page is general information and does not take your objectives or circumstances into account. Last reviewed 13 September 2026.