Home Loan Interest Rates Australia 2024. The average new home loan in australia is $640,998 for owner occupier homes, including loans for purchases of established properties, construction loans and refinancing of existing home loans. When comparing home loans, checking out the current average home loan interest rate on this page gives you a quick and easy way to compare rates for different mortgages on the market at any given.

15 basis point increase to 6.14% p.a. We take a look at what’s in store for interest rates in 2024.