High density units are units or flats in a development that has ≥6 floors, or >50 accommodation units.
- Units must have an area ≥40sqm (based solely on the living area) and at least one separate bedroom
- Differing max LVRs apply - high density units will be considered up to a max LVR of 80%. With LMI approval, P&I OO applications up to 95% LVR (including LMI) and 90% LVR (including LMI) for investment.
- Excludes units located in Restricted Postcodes or within high density developments or off the plan - different max LVRs will apply. Please refer to your BDM