As of November 2024, the average fixed mortgage interest rate for Australian owner-occupier borrowers with an outstanding loan with a mortgage term equal to or less than three years was around 3.8 percent. In comparison, the average interest rate for outstanding owner-occupier loans greater than three years was approximately six percent. New fixed loan interest rates for owner-occupiers were around two and 0.5 percent higher that month, respectively.
Average owner-occupier fixed mortgage interest rate in Australia from November 2019 to November 2024, by mortgage term
Profit from the additional features of your individual account
Currently, you are using a shared account. To use individual functions (e.g., mark statistics as favourites, set
statistic alerts) please log in with your personal account.
If you are an admin, please authenticate by logging in again.
Learn more about how Statista can support your business.
Reserve Bank of Australia. (January 13, 2025). Average owner-occupier fixed mortgage interest rate in Australia from November 2019 to November 2024, by mortgage term [Graph]. In Statista. Retrieved February 03, 2025, from https://www.statista.com/statistics/1450728/australia-average-owner-occupier-fixed-mortgage-interest-rate-by-mortgage-term/?__sso_cookie_checker=failed
Reserve Bank of Australia. "Average owner-occupier fixed mortgage interest rate in Australia from November 2019 to November 2024, by mortgage term." Chart. January 13, 2025. Statista. Accessed February 03, 2025. https://www.statista.com/statistics/1450728/australia-average-owner-occupier-fixed-mortgage-interest-rate-by-mortgage-term/?__sso_cookie_checker=failed
Reserve Bank of Australia. (2025). Average owner-occupier fixed mortgage interest rate in Australia from November 2019 to November 2024, by mortgage term. Statista. Statista Inc.. Accessed: February 03, 2025. https://www.statista.com/statistics/1450728/australia-average-owner-occupier-fixed-mortgage-interest-rate-by-mortgage-term/?__sso_cookie_checker=failed
Reserve Bank of Australia. "Average Owner-occupier Fixed Mortgage Interest Rate in Australia from November 2019 to November 2024, by Mortgage Term." Statista, Statista Inc., 13 Jan 2025, https://www.statista.com/statistics/1450728/australia-average-owner-occupier-fixed-mortgage-interest-rate-by-mortgage-term/?__sso_cookie_checker=failed
Reserve Bank of Australia, Average owner-occupier fixed mortgage interest rate in Australia from November 2019 to November 2024, by mortgage term Statista, https://www.statista.com/statistics/1450728/australia-average-owner-occupier-fixed-mortgage-interest-rate-by-mortgage-term/?__sso_cookie_checker=failed (last visited February 03, 2025)
Average owner-occupier fixed mortgage interest rate in Australia from November 2019 to November 2024, by mortgage term [Graph], Reserve Bank of Australia, January 13, 2025. [Online]. Available: https://www.statista.com/statistics/1450728/australia-average-owner-occupier-fixed-mortgage-interest-rate-by-mortgage-term/?__sso_cookie_checker=failed
