Mortgage-rate evidence for Tasmania
Use a dated market benchmark beside local property prices. This is evidence for budgeting—not personalised advice, a live product comparison or an offer of credit.
New owner-occupier loans · Reserve Bank of Australia
Published rates
| Measure | Rate | What it is |
|---|---|---|
| New owner-occupier loans | 6.24% | average lending rate |
| New owner-occupier principal and interest | 6.16% | average lending rate |
| New investment loans | 6.41% | average lending rate |
Australian housing lending averages covering fixed and variable loans. They are national context for local property searches.
What the benchmark means for repayments
Illustrative monthly capital-and-interest repayments over 25 years, using the first benchmark above. They exclude fees, insurance, taxes and lender-specific pricing.
| Mortgage | Illustrative rate | Monthly repayment |
|---|---|---|
| A$100,000 | 6.24% | A$659 |
| A$250,000 | 6.24% | A$1,648 |
| A$500,000 | 6.24% | A$3,295 |
Rates can change without notice. Eligibility, loan-to-value, deposit, term, fees, credit assessment and property type affect the rate available. Confirm the latest product information with a regulated local lender or adviser. tasmanianproperties.com does not arrange mortgages, recommend a lender or receive payment for inclusion here.