As at July 2024, the average fixed interest rate for a 1-year standard investor residential mortgage in Australia was 6.81 percent. In comparison, the average fixed rate for a 5-year standard mortgage was 6.84 percent.
Average fixed interest rate for standard residential investor mortgages in Australia as at July 2024, by mortgage term
Based on investment loans available for 600,000 AUD, 80% LVR and interest-only payments. Excludes first home buyer only and introductory home loans; except for minimum variable rates which include introductory loans.
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Canstar Blue. (July 15, 2024). Average fixed interest rate for standard residential investor mortgages in Australia as at July 2024, by mortgage term [Graph]. In Statista. Retrieved November 13, 2024, from https://www-statista-com.ezproxy.canberra.edu.au/statistics/1449179/australia-average-fixed-standard-investor-mortgage-interest-rate-by-mortgage-term/
Canstar Blue. "Average fixed interest rate for standard residential investor mortgages in Australia as at July 2024, by mortgage term." Chart. July 15, 2024. Statista. Accessed November 13, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/1449179/australia-average-fixed-standard-investor-mortgage-interest-rate-by-mortgage-term/
Canstar Blue. (2024). Average fixed interest rate for standard residential investor mortgages in Australia as at July 2024, by mortgage term. Statista. Statista Inc.. Accessed: November 13, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/1449179/australia-average-fixed-standard-investor-mortgage-interest-rate-by-mortgage-term/
Canstar Blue. "Average Fixed Interest Rate for Standard Residential Investor Mortgages in Australia as at July 2024, by Mortgage Term." Statista, Statista Inc., 15 Jul 2024, https://www-statista-com.ezproxy.canberra.edu.au/statistics/1449179/australia-average-fixed-standard-investor-mortgage-interest-rate-by-mortgage-term/
Canstar Blue, Average fixed interest rate for standard residential investor mortgages in Australia as at July 2024, by mortgage term Statista, https://www-statista-com.ezproxy.canberra.edu.au/statistics/1449179/australia-average-fixed-standard-investor-mortgage-interest-rate-by-mortgage-term/ (last visited November 13, 2024)
Average fixed interest rate for standard residential investor mortgages in Australia as at July 2024, by mortgage term [Graph], Canstar Blue, July 15, 2024. [Online]. Available: https://www-statista-com.ezproxy.canberra.edu.au/statistics/1449179/australia-average-fixed-standard-investor-mortgage-interest-rate-by-mortgage-term/