ACREAGE PROPERTY VALUES โ COULD YOUR BUSINESS LOAN BE AT RISK?
/๐๐๐ฅ๐๐๐๐ ๐ฃ๐ฅ๐ข๐ฃ๐๐ฅ๐ง๐ฌ ๐ฉ๐๐๐จ๐๐ฆ & ๐๐จ๐ฆ๐๐ก๐๐ฆ๐ฆ ๐๐ข๐๐ก๐ฆ ๐ก
๐ช๐ต๐ ๐ฎ๐ฐ๐ฐ๐๐ฟ๐ฎ๐๐ฒ ๐๐ฎ๐น๐๐ฎ๐๐ถ๐ผ๐ป๐ ๐บ๐ฎ๐๐๐ฒ๐ฟ.
Following this weekโs RBA interest rate increase, thereโs an important aspect of property ownership and business lending thatโs worth understanding.
Many business owners use their homes, acreage properties or commercial properties as security for business loans and overdrafts.
When property values change, it can affect the loan-to-value ratio and potentially influence lending reviews, refinancing arrangements or borrowing capacity.
But hereโs something particularly relevant to acreage owners.
๐ก๐ผ ๐๐๐ผ ๐ฎ๐ฐ๐ฟ๐ฒ๐ฎ๐ด๐ฒ ๐ฝ๐ฟ๐ผ๐ฝ๐ฒ๐ฟ๐๐ถ๐ฒ๐ ๐ฎ๐ฟ๐ฒ ๐ฒ๐ ๐ฎ๐ฐ๐๐น๐ ๐ฎ๐น๐ถ๐ธ๐ฒ.
Elevation, topography, location, usable land, improvements and the selection of genuinely comparable sales can all make a significant difference to an assessment of value.
Valuers regularly contact me for local market insights and relevant sales evidence across the Hawkesbury. Sometimes that means looking beyond the immediate suburb to find properties that offer meaningful comparisons.
A formal bank-commissioned valuation serves a different purpose from a real estate market appraisal, and the two wonโt necessarily produce the same figure.
Importantly, a change in property value doesnโt automatically mean a bank will require additional security or capital. Individual lending agreements and circumstances matter.
๐ฅ In todayโs video, I explain how property valuations relate to business lending, why local acreage knowledge is important and what owners should consider when their lending arrangements come up for review.
๐ช๐ผ๐๐น๐ฑ ๐๐ผ๐ ๐น๐ถ๐ธ๐ฒ ๐ฎ ๐ฐ๐๐ฟ๐ฟ๐ฒ๐ป๐ ๐บ๐ฎ๐ฟ๐ธ๐ฒ๐ ๐ฎ๐ฝ๐ฝ๐ฟ๐ฎ๐ถ๐๐ฎ๐น ๐ผ๐ณ ๐๐ผ๐๐ฟ ๐ฎ๐ฐ๐ฟ๐ฒ๐ฎ๐ด๐ฒ ๐ฝ๐ฟ๐ผ๐ฝ๐ฒ๐ฟ๐๐?
I can provide an informed assessment supported by relevant local sales evidence, which may assist your discussions with your lender or their appointed valuer.
๐ https://acreage.gregvincent.tv/appraisal
Greg Vincent | McGrath Hawkesbury
๐ฟ๐๐๐ฅ ๐๐ค๐๐๐ก ๐๐ฃ๐ค๐ฌ๐ก๐๐๐๐. ๐๐๐๐ง๐๐ฉ๐ ๐๐๐๐๐.
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