In recent years, the value of mortgage debt outstanding in Australia has been growing for both owner-occupied and investment housing. As of December 2024, the mortgage debt secured on owner-occupier housing amounted to over *** trillion Australian dollars. In comparison, in December 2011, borrowers owed roughly *** billion Australian dollars.

Mortgage Rate in Australia decreased to 5.51 percent in September from 5.52 percent in August of 2025. This dataset includes a chart with historical data for Australia Mortgage Rate.

Mortgage lenders are dealing with the RBA's shift to a tighter monetary policy, as it fights heavy inflation. Since May 2022, the RBA has raised the benchmark cash rate, which flows to interest rates on home loans. This represents a complete reversal of the prevailing approach to monetary policy taken in recent years. Over the course of the pandemic, subdued interest rates, in conjunction with government incentives and relaxed interest rate buffers, encouraged strong mortgage uptake. With the RBA's policy reversal, authorised deposit-taking institutions will need to balance their interest rate spreads to ensure steady profit. A stronger cash rate means more interest income from existing home loans, but also steeper funding costs. Moreover, increasing loan rates mean that prospective homeowners are being cut out of the market, which will slow demand for new home loans. Overall, industry revenue is expected to rise at an annualised 0.4% over the past five years, including an estimated 2.2% jump in 2023-24, to reach $103.4 billion. APRA's regulatory controls were updated in January 2023, with new capital adequacy ratios coming into effect. The major banks have had to tighten up their capital buffers to protect against financial instability. Although the ‘big four’ banks control most home loans, other lenders have emerged to foster competition for new loanees. Technological advances have made online-only mortgage lending viable. However, lenders that don't take deposits are more reliant on wholesale funding markets, which will be stretched under a higher cash rate. Looking ahead, technology spending isn't slowing down, as consumers continue to expect secure and user-friendly online financial services. This investment is even more pressing, given the ongoing threat of cyber-attacks. Industry revenue is projected to inch upwards at an annualised 0.8% over the five years through 2028-29, to $107.7 billion.

As of the end of March 2025, the average mortgage interest rate for Australian owner-occupier borrowers was around *** percent. In comparison, the average investor interest rate was approximately *** percent. These rates refer to outstanding housing loans from banks and registered financial corporations. New loans financed in that month had even similar interest rates, at *** percent for owner-occupiers and *** percent for investors, respectively.

Home Loans in Australia increased to 58228.60 AUD Million in the third quarter of 2025 from 55597.40 AUD Million in the second quarter of 2025. This dataset provides - Australia Home Loans- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Australia Residential Mortgages: ADIs: Credit Outstanding data was reported at 2,288,546.400 AUD mn in Sep 2024. This records an increase from the previous number of 2,262,093.500 AUD mn for Jun 2024. Australia Residential Mortgages: ADIs: Credit Outstanding data is updated quarterly, averaging 2,000,551.000 AUD mn from Mar 2019 (Median) to Sep 2024, with 23 observations. The data reached an all-time high of 2,288,546.400 AUD mn in Sep 2024 and a record low of 1,790,106.800 AUD mn in Mar 2019. Australia Residential Mortgages: ADIs: Credit Outstanding data remains active status in CEIC and is reported by Australian Prudential Regulation Authority. The data is categorized under Global Database’s Australia – Table AU.KB024: Residential Mortgage: Credit Outstanding.

Market Size statistics on the Mortgages industry in Australia

As of November 2024, the average owner-occupier home loan interest rate was the highest in the Australian state of Western Australia, with an average rate of around **** percent. In comparison, the average mortgage interest rate in Victoria was at around **** percent.

Dataset underlying the Seniors First reverse mortgage comparison widget. Displays indicative rate types, features, and eligibility details for multiple Australian reverse-mortgage providers. Data is aggregated and refreshed periodically for consumer education.

In August 2025, the average variable mortgage interest rate for owner-occupiers in Australia was **** percent. That same month, the average owner-occupier fixed mortgage interest rate was around **** percent lower than the average variable mortgage interest rate.

This dataset provides values for 30 YEAR MORTGAGE RATE reported in several countries. The data includes current values, previous releases, historical highs and record lows, release frequency, reported unit and currency.

Australia Residential Mortgages: ADIs: Non Performing Loans: Mortgagee in Possession data was reported at 280.200 AUD mn in Dec 2024. This records a decrease from the previous number of 298.800 AUD mn for Sep 2024. Australia Residential Mortgages: ADIs: Non Performing Loans: Mortgagee in Possession data is updated quarterly, averaging 302.300 AUD mn from Mar 2019 (Median) to Dec 2024, with 24 observations. The data reached an all-time high of 743.900 AUD mn in Jun 2019 and a record low of 244.600 AUD mn in Mar 2021. Australia Residential Mortgages: ADIs: Non Performing Loans: Mortgagee in Possession data remains active status in CEIC and is reported by Australian Prudential Regulation Authority. The data is categorized under Global Database’s Australia – Table AU.KB025: Residential Mortgage: Non Performing Loans.

Australia Residential Mortgages: New Lending: ADIs: Term Loans: LVR: More Than 80% Less Than 90% data was reported at 43,665.500 AUD mn in Dec 2024. This records an increase from the previous number of 40,362.100 AUD mn for Sep 2024. Australia Residential Mortgages: New Lending: ADIs: Term Loans: LVR: More Than 80% Less Than 90% data is updated quarterly, averaging 36,154.300 AUD mn from Mar 2019 (Median) to Dec 2024, with 24 observations. The data reached an all-time high of 49,006.700 AUD mn in Dec 2021 and a record low of 21,242.900 AUD mn in Mar 2019. Australia Residential Mortgages: New Lending: ADIs: Term Loans: LVR: More Than 80% Less Than 90% data remains active status in CEIC and is reported by Australian Prudential Regulation Authority. The data is categorized under Global Database’s Australia – Table AU.KB023: Residential Mortgage: New Lending.

Australia Residential Mortgages: New Lending: ADIs: Term Loans: Investment: More Than 95% data was reported at 415.000 AUD mn in Dec 2024. This records a decrease from the previous number of 417.800 AUD mn for Sep 2024. Australia Residential Mortgages: New Lending: ADIs: Term Loans: Investment: More Than 95% data is updated quarterly, averaging 219.100 AUD mn from Mar 2019 (Median) to Dec 2024, with 24 observations. The data reached an all-time high of 417.800 AUD mn in Sep 2024 and a record low of 134.200 AUD mn in Jun 2019. Australia Residential Mortgages: New Lending: ADIs: Term Loans: Investment: More Than 95% data remains active status in CEIC and is reported by Australian Prudential Regulation Authority. The data is categorized under Global Database’s Australia – Table AU.KB023: Residential Mortgage: New Lending.

In 2024, the ten largest mortgage lenders in Australia comprised over ** percent of the mortgage market. The Commonwealth Bank of Australia and Westpac Banking Corporation were leading mortgage providers by value of gross mortgage lending and accounted for roughly ** and ** percent of gross mortgage lending respectively.

Mortgage credit interest rate, percent in Australia, September, 2025 The most recent value is 6.7 percent as of September 2025, a decline compared to the previous value of 6.71 percent. Historically, the average for Australia from January 2000 to September 2025 is 6.22 percent. The minimum of 3.64 percent was recorded in August 2021, while the maximum of 9.32 percent was reached in July 2008. | TheGlobalEconomy.com

Comprehensive dataset containing 1,981 verified Mortgage lender businesses in Australia with complete contact information, ratings, reviews, and location data.

This dataset provides values for MORTGAGE RATE reported in several countries. The data includes current values, previous releases, historical highs and record lows, release frequency, reported unit and currency.

Employment statistics on the Mortgages industry in Australia

The Finance sector's operating environment was previously characterised by record-low interest rates. Nonetheless, high inflation prompted the Reserve Bank of Australia (RBA) to hike the cash rate from May 2022 onwards. This shift allowed financial institutions to impose higher loan charges, propelling their revenue. Banks raised interest rates quicker than funding costs in the first half of 2022-23, boosting net interest margins. However, sophisticated competition and digital disruption have reshaped the sector and nibbled at the Big Four's dominance, weighing on ADIs' performance. In the first half of 2025, the fierce competition has forced ADIs to trim lending rates even ahead of RBA moves to protect their slice of the mortgage market. Higher cash rates initially widened net interest margins, but the expiry of cheap TFF funding and a fierce mortgage war are now compressing spreads, weighing on ADIs' profitability. Although ANZ's 2024 Suncorp Bank takeover highlights some consolidation, the real contest is unfolding in tech. Larger financial institutions are combatting intensified competition from neobanks and fintechs by upscaling their technology investments, strengthening their strategic partnerships with cloud providers and technology consulting firms and augmenting their digital offerings. Notable examples include the launch of ANZ Plus by ANZ and Commonwealth Bank's Unloan. Meanwhile, investor demand for rental properties, elevated residential housing prices and sizable state-infrastructure pipelines have continued to underpin loan growth, offsetting the drag from weaker mortgage affordability and volatile business sentiment. Overall, subdivision revenue is expected to rise at an annualised 8.3% over the five years through 2024-25, to $524.6 billion. This growth trajectory includes an estimated 4.8% decline in 2024-25 driven by rate cuts in 2025, which will weigh on income from interest-bearing assets. The Big Four banks will double down on technology investments and partnerships to counter threats from fintech startups and neobanks. As cybersecurity risks and APRA regulations evolve, financial institutions will gear up to strengthen their focus on shielding sensitive customer data and preserving trust, lifting compliance and operational costs. In the face of fierce competition, evolving regulations and shifting customer preferences, consolidation through M&As is poised to be a viable trend for survival and growth, especially among smaller financial institutions like credit unions. While rate cuts will challenge profitability within the sector, expansionary economic policies are poised to stimulate business and mortgage lending activity, presenting opportunities for strategic growth in a dynamic market. These trends are why Finance subdivision revenue is forecast to rise by an annualised 1.1% over the five years through the end of 2029-30, to $554.9 billion