Average owner-occupier mortgage interest rate Australia 2024, by rate type

Published by Statista Research Department, Dec 11, 2024

In December 2024, the average variable mortgage interest rate for owner-occupiers in Australia was 7.08 percent. That same month, the average owner-occupier fixed mortgage interest rate was around 0.6 percent lower than the average variable mortgage interest rate.

Average mortgage interest rate for owner-occupiers in Australia as at December 2024, by rate type

© Statista 2024
Download
Show detailed source information?
Register for free
Already a member?
Log in
Source

Use Ask Statista Research Service

Release date

December 2024

Region

Australia

Survey time period

as at December 2024

Supplementary notes

Average interest rate figures were calculated through the average of all interest rates for loans that:
- Are for owner-occupiers.
- Have principal-and-interest repayments.
- Have maximum insured LVRs of 80% or higher (available for borrowers with at least 20% deposits).

Release date is date of access.

Citation formats
Access all statistics starting from $2,388 USD yearly *

* For commercial use only

Basic Account

For single users
$0 USD
Always free
Access limited to Free Statistics. Premium Statistics are not included.
  • Free Statistics
Based on your interests

Starter Account

For single users
$199 USD
per month, billed annually 1
Buy now
  • Free Statistics
  • Premium Statistics

    • The statistic on this page is a Premium Statistic and is included in this account.

Professional Account

For teams of up to 5 people
$959 USD
per month, billed annually 1
Buy now
  • Free + Premium Statistics
  • Reports
  • Market Insights

1 All prices do not include sales tax. The account requires an annual contract and will renew after one year to the regular list price.

Compare accounts

Statistics on " Mortgages in Australia "

The most important statistics
The most important statistics
The most important statistics
The most important statistics
The most important statistics

Other statistics that may interest you Mortgages in Australia

Overview

7

Mortgage lenders

8

Owner-occupiers

7

First home buyers

7

Investors

3

Further Content: You might find this interesting as well

Topics

Mortgages in Australia Mortgage industry in the U.S.Mortgage industry worldwide: developed marketsResidential housing market in AustraliaReal estate industry in New Zealand
Access all statistics starting from $2,388 USD yearly *

* For commercial use only

Basic Account

For single users
$0 USD
Always free
Access limited to Free Statistics. Premium Statistics are not included.
  • Free Statistics
Based on your interests

Starter Account

For single users
$199 USD
per month, billed annually 1
Buy now
  • Free Statistics
  • Premium Statistics

    • The statistic on this page is a Premium Statistic and is included in this account.

Professional Account

For teams of up to 5 people
$959 USD
per month, billed annually 1
Buy now
  • Free + Premium Statistics
  • Reports
  • Market Insights

1 All prices do not include sales tax. The account requires an annual contract and will renew after one year to the regular list price.

Compare accounts
Learn more about how Statista can support your business.