% per annum - Source frequency: monthly · Methodology · Corrections
Australia's standard variable mortgage rate was 8.5% as of April 2026, and the trend is getting worse. The standard variable housing lending rate offered by major banks. This is the benchmark rate used for most existing variable-rate home loans. The standard variable rate directly determines mortgage repayment costs for millions of Australians and is a key input to housing affordability. Data is sourced from RBA Table F5 — Indicator Lending Rates and updated monthly.
The standard variable housing lending rate offered by major banks. This is the benchmark rate used for most existing variable-rate home loans.
The standard variable rate directly determines mortgage repayment costs for millions of Australians and is a key input to housing affordability.
GREEN = favourable trend within acceptable band of baseline. AMBER = flat or mild change. RED = unfavourable trend beyond threshold.
This data is sourced programmatically from official statistical APIs and data feeds (RBA Table F5 — Indicator Lending Rates), updated monthly. The source link above points to the human-readable publication page, which presents the same underlying data in a different format (e.g. Excel workbook, PDF release). Our pipeline fetches the machine-readable version automatically and converts it to the standardised format shown here.
See all sources and methodology on the data sources page.
