Understanding acceptable securities and maximum LVR

You’ll need to order an upfront valuation through PropertyHub prior to submitting the application to ensure the application is within our credit policy. View our article on ordering a valuation to obtain a current valuation.

To find out the category for the security property’s location, you’ll need to enter the postcode into the Macquarie Serviceability Calculator. To do this:

1. Open the Macquarie Serviceability Calculator
2. Under ‘Security Details’ enter the Postcode (e.g. 2089)
3. Once entered, the category will automatically update (e.g. ‘NSW Cat 1’)

The table below outlines the maximum LVR based on application type (purchase or refinance), loan purpose (owner occupied or investor) and repayment type (principal and interest or interest only).

Our premium property/luxury policy for high value properties, takes into consideration the LVR, property value and property location (e.g. regional or metro). The location category can be determined by inputting the postcode into the Macquarie Serviceability Calculator.

The table below outlines the maximum allowable LVR for each property limit.

*Subject to all LVR limits identified throughout the policy also being met and the outcome of the valuation.

For more information, read the Macquarie Residential Home Loans Credit Guidelines.  

The size of the land the security is based on can impact the maximum LVR. The below table outlines the maximum LVRs based on land size.

The maximum LVR for high-density apartments or units is 80%.

A high-risk security is determined by the postcode. In the Macquarie Serviceability Calculator, enter the postcode and a pop-up will appear to alert you that the postcode is considered a high-risk location.

The maximum LVR for high-density apartments or units is 80%. Where any portion of the loan is interest only, the LVR is capped at 70%.

A high-density security is determined by the postcode, not the building. In the Macquarie Serviceability Calculator, enter the postcode and a pop-up will appear to alert you that the postcode is considered a high-risk location.

If the internal living space is over 40sqm and there’s a separate bedroom, we may consider lending.

It’s important to check that there are comparable sales in the area that are similar in size (<50sqm internally). Refer to Business Development Manager (BDM) prior to submission.

Off the plan purchases can have a maximum LVR of 90% (inclusive of low deposit fee capitalisation). If the property is also in a high-density postcode, the maximum LVR would be 80%. Check the postcode in the Macquarie Serviceability Calculator.

A stratum title is only available in Victoria and can have a maximum LVR of 85% (inclusive of low deposit fee capitalisation).