This image is from the City of Sydney's Sydney Streets exhibition : http://www.cityofsydney.nsw.gov.au/history/SydneyStreets

City of Sydney
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Margaret Street, 1932

Parked cars line the street in 1932. Combined with the low-rise sandstone buildings, the old cars give Margaret Street a totally different feel to what it’s like now. In 2003 the streetscape is dominated by office towers. Three things remain constant: the trees peering out from Wynyard Park on the left, the (former) Scotts Church on the right near the crest of the hill, and (of course) the steep gradient of the street itself.

(“Then” image: City of Sydney Archives, CRS 57/471; “Now” image: City of Sydney)