# Property Types

The table below defines the list of accepted values within the `Security.PropertyType` parameter of the API request payload. This is a hierarchical list, allowing property types to be specified to up to three levels of granularity. This parameter is used to determine

<table border="1" cellpadding="0" cellspacing="0" data-sheets-root="1" dir="ltr" id="bkmrk-propertytype.name-pr" style="width: 95.9259%;"><colgroup><col style="width: 3.19497%;" width="20"></col><col style="width: 3.19497%;" width="20"></col><col style="width: 46.8063%;" width="268"></col><col style="width: 46.8063%;" width="318"></col></colgroup><thead><tr><td colspan="3" data-sheets-value="{"1":2,"2":"PropertyType.Name"}">**PropertyType.Name**  
</td><td data-sheets-value="{"1":2,"2":"PropertyType.Code"}">**PropertyType.Code**</td></tr></thead><tbody><tr><td colspan="3" data-sheets-value="{"1":2,"2":"Residential Property"}">**Residential Property**</td><td data-sheets-value="{"1":2,"2":"ResidentialProperty"}">`ResidentialProperty`</td></tr><tr><td> </td><td colspan="2" data-sheets-value="{"1":2,"2":"FreeHold Residential"}">FreeHold Residential</td><td data-sheets-value="{"1":2,"2":"FreeHoldResidential"}">`FreeHoldResidential`</td></tr><tr><td> </td><td colspan="2" data-sheets-value="{"1":2,"2":"Terraced Housing"}">Terraced Housing</td><td data-sheets-value="{"1":2,"2":"TerracedHousing"}">`TerracedHousing`</td></tr><tr><td>  
</td><td>  
</td><td data-sheets-value="{"1":2,"2":"Fee Simple / Cross Lease"}">Fee Simple / Cross Lease</td><td data-sheets-value="{"1":2,"2":"FeeSimpleCrossLease"}">`FeeSimpleCrossLease`</td></tr><tr><td>  
</td><td>  
</td><td data-sheets-value="{"1":2,"2":"Unit Title"}">Unit Title</td><td data-sheets-value="{"1":2,"2":"UnitTitle"}">`UnitTitle`</td></tr><tr><td> </td><td colspan="2" data-sheets-value="{"1":2,"2":"Townhouse"}">Townhouse</td><td data-sheets-value="{"1":2,"2":"Townhouse"}">`Townhouse`</td></tr><tr><td> </td><td colspan="2" data-sheets-value="{"1":2,"2":"Lifestyle Block"}">Lifestyle Block</td><td data-sheets-value="{"1":2,"2":"LifestyleBlock"}">`LifestyleBlock`</td></tr><tr><td> </td><td> </td><td data-sheets-value="{"1":2,"2":"0 to 10 ha"}">0 to 10 ha</td><td data-sheets-value="{"1":2,"2":"0to10ha"}">`0to10ha`</td></tr><tr><td> </td><td> </td><td data-sheets-value="{"1":2,"2":">10 ha"}">&gt;10 ha</td><td data-sheets-value="{"1":2,"2":"over10ha"}">`over10ha`</td></tr><tr><td> </td><td colspan="2" data-sheets-value="{"1":2,"2":"Leasehold Residential"}">Leasehold Residential</td><td data-sheets-value="{"1":2,"2":"LeaseholdResidential"}">`LeaseholdResidential`</td></tr><tr><td colspan="3" data-sheets-value="{"1":2,"2":"Apartments "}">**Apartments**</td><td data-sheets-value="{"1":2,"2":"Apartments "}">`Apartments`</td></tr><tr><td> </td><td colspan="2" data-sheets-value="{"1":2,"2":"Freehold Apartment"}">Freehold Apartment</td><td data-sheets-value="{"1":2,"2":"FreeholdApartment"}">`FreeholdApartment`</td></tr><tr><td> </td><td> </td><td data-sheets-value="{"1":2,"2":">50sqm"}">&gt;50sqm</td><td data-sheets-value="{"1":2,"2":"over50sqm"}">`over50sqm`</td></tr><tr><td> </td><td> </td><td data-sheets-value="{"1":2,"2":"40-50sqm"}">40-50sqm</td><td data-sheets-value="{"1":2,"2":"40to50sqm"}">`40to50sqm`</td></tr><tr><td> </td><td> </td><td data-sheets-value="{"1":2,"2":"38-40sqm"}">38-40sqm</td><td data-sheets-value="{"1":2,"2":"38to40sqm"}">`38to40sqm`</td></tr><tr><td> </td><td> </td><td data-sheets-value="{"1":2,"2":"<38sqm"}">&lt;38sqm</td><td data-sheets-value="{"1":2,"2":"under38sqm"}">`under38sqm`</td></tr><tr><td> </td><td colspan="2" data-sheets-value="{"1":2,"2":"Leasehold Apartment"}">Leasehold Apartment</td><td data-sheets-value="{"1":2,"2":"LeaseholdApartment"}">`LeaseholdApartment`</td></tr><tr><td> </td><td colspan="2" data-sheets-value="{"1":2,"2":"Serviced Apartment"}">Serviced Apartment</td><td data-sheets-value="{"1":2,"2":"ServicedApartment"}">`ServicedApartment`</td></tr><tr><td> </td><td colspan="2" data-sheets-value="{"1":2,"2":"Student Accommodation"}">Student Accommodation</td><td data-sheets-value="{"1":2,"2":"StudentAccommodation"}">`StudentAccommodation`</td></tr><tr><td> </td><td colspan="2" data-sheets-value="{"1":2,"2":"Bedsitter / Studio / Warehouse Apartments"}">Bedsitter / Studio / Warehouse Apartments</td><td data-sheets-value="{"1":2,"2":"BedsitterStudioWarehouseApartments"}">`BedsitterStudioWarehouseApartments`</td></tr><tr><td colspan="3" data-sheets-value="{"1":2,"2":"New Build / Construction"}">**New Build / Construction**</td><td data-sheets-value="{"1":2,"2":"NewBuildConstruction"}">`NewBuildConstruction`</td></tr><tr><td> </td><td colspan="2" data-sheets-value="{"1":2,"2":"Fixed Price Contracts"}">Fixed Price Contracts</td><td data-sheets-value="{"1":2,"2":"FixedPriceContracts"}">`FixedPriceContracts`</td></tr><tr><td> </td><td colspan="2" data-sheets-value="{"1":2,"2":"Labour Only / Self (Owner) Build"}">Labour Only / Self (Owner) Build</td><td data-sheets-value="{"1":2,"2":"LabourOnlySelfOwnerBuild"}">`LabourOnlySelfOwnerBuild`</td></tr><tr><td> </td><td colspan="2" data-sheets-value="{"1":2,"2":"Relocations"}">Relocations</td><td data-sheets-value="{"1":2,"2":"Relocations"}">`Relocations`</td></tr><tr><td colspan="3" data-sheets-value="{"1":2,"2":"Vacant Land"}">**Vacant Land**</td><td data-sheets-value="{"1":2,"2":"VacantLand"}">`VacantLand`</td></tr><tr><td> </td><td colspan="2" data-sheets-value="{"1":2,"2":"Serviced Vacant Land"}">Serviced Vacant Land</td><td data-sheets-value="{"1":2,"2":"ServicedVacantLand"}">`ServicedVacantLand`</td></tr><tr><td> </td><td colspan="2" data-sheets-value="{"1":2,"2":"Unserviced Vacant Land"}">Unserviced Vacant Land</td><td data-sheets-value="{"1":2,"2":"UnservicedVacantLand"}">`UnservicedVacantLand`</td></tr><tr><td> </td><td colspan="2" data-sheets-value="{"1":2,"2":"Lifestyle without Dwelling"}">Lifestyle without Dwelling</td><td data-sheets-value="{"1":2,"2":"LifestyleWithoutDwelling"}">`LifestyleWithoutDwelling`</td></tr><tr><td colspan="3" data-sheets-value="{"1":2,"2":"Other"}">**Other**</td><td data-sheets-value="{"1":2,"2":"Other"}">`Other`</td></tr><tr><td> </td><td colspan="2" data-sheets-value="{"1":2,"2":"Multiple dwellings on one title"}">Multiple dwellings on one title</td><td data-sheets-value="{"1":2,"2":"MultipleDwellingsOnOneTitle"}">`MultipleDwellingsOnOneTitle`</td></tr><tr><td> </td><td> </td><td data-sheets-value="{"1":2,"2":"3 dwellings"}">3 dwellings</td><td data-sheets-value="{"1":2,"2":"3Dwellings"}">`3Dwellings`</td></tr><tr><td> </td><td> </td><td data-sheets-value="{"1":2,"2":"4 dwellings"}">4 dwellings</td><td data-sheets-value="{"1":2,"2":"4Dwellings"}">`4Dwellings`</td></tr><tr><td> </td><td> </td><td data-sheets-value="{"1":2,"2":"5 dwellings"}">5 dwellings</td><td data-sheets-value="{"1":2,"2":"5Dwellings"}">`5Dwellings`</td></tr><tr><td> </td><td> </td><td data-sheets-value="{"1":2,"2":"6 dwellings"}">6 dwellings</td><td data-sheets-value="{"1":2,"2":"6Dwellings"}">`6Dwellings`</td></tr><tr><td> </td><td> </td><td data-sheets-value="{"1":2,"2":"7 or more dwellings"}">7 or more dwellings</td><td data-sheets-value="{"1":2,"2":"7OrMoreDwellings"}">`7OrMoreDwellings`</td></tr></tbody></table>

The `Code` value should always be used to reference Property Types.

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#### LVR

The property type is key in determining the applicable LVR rules for each lender – particularly their 'Maximum LVR'. The `Security.PropertyType` can be provided at any level of the above hierarchy, however more granular choices will yield more accurate results.

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#### Proposed Changes

Some of the options in the above list are being used to capture property *size* more so than type. In a future release, those options will be removed from the Property Type list and will be re-introduced as dedicated parameters accepting more specific numerical values:

- Lifestyle Block – 'Land Size' (ha)
- Apartments – 'Floor Area' (sqm)
- Multiple Dwellings on One Title – 'Dwellings' (#)