1. Not Quite the Flip They Hoped For…

    Remember our tale of the house flip hopefuls over at 58 Cascade Street in Paddington from February? Back then, we factored in that the owners were about $3.288m deep on their acquisition and renovation of the property. The property, which failed to sell with $4m+ expectations last month, has now lowered its asking price to $3.5m. Agents Hamish Robertson and Joe Abboud of McGrath maintain the listing.