Up to 2.2 hectares (5.4 acres): Up to 95% of the property value.
Up to 11 hectares (27.2 acres): Up to 95% of the property value (note that some lenders would restrict your loan to 80% of the property value).
Up to 60 hectares (148.3 acres): Up to 80% of the property value (note that most lenders would decline your loan but some specialise in hobby farms).
Up to 97 hectares (240 acres): Up to 80% of the property value.
Over 97 hectares: On a case by case basis.
Commercial farms: Up to 60% of the property value (all loans are assessed on a case by case basis using rural farm guidelines).
Guarantor loans: Borrow up to 100% with select lenders only.
If there's a house on the block: If there's a house on the land already, then you may be able to borrow 95% of the property value for properties up to 50 hectares in size.
For your reference, one hectare is equal to 10,000 m2 or 2.47 acres.
Note: Most lenders will have trouble approving mortgages for vacant land if the land is over 2.2 hectares in size. We have access to several lenders who can consider larger blocks of land depending on the strength of your application.