Hi, Curious to see if anyone knows how the bank views the land value and dwelling value split in their assessments on borrowing? Especially on recently renovated homes that are facing now facing headwinds. For example, there are homes in Ipswich that have asking prices in which the asking sale price is over 300% more than the land value. They are recently renovated, with large capital investments. Here is one below, asking 595 k, current land value 175 k. https://www.realestate.com.au/property-house-qld-east+ipswich-133443662 I cant see the bank, knowing the land is worth 180 k, being happy to stump up a loan of say 500 k to support a house like this given the majority of the loan will be for the the asset which depreciates.My guess is they'd want a large deposit for the borrower to offset risk. To build an equivalent house new would probably cost something similar, but how do you think the bank would treat this? Thanks?