Check Latest Mortgage Rates for Perth in April 2026
Perth is a major metropolitan market in Western Australia, Australia, with a median home price of approximately A$625,000. Below you'll find the latest estimated mortgage rates for Perth, updated daily to reflect current lending conditions. Use these rates alongside our free calculators to estimate your monthly payment, compare loan types, and plan your home purchase or refinance with confidence.
Perth Mortgage Rates
Estimated rates as of 2026-04-04
| Product | Rate | APR | Monthly / A$100K |
|---|---|---|---|
| Variable Rate | 6.06% | 6.18% | A$603 |
| 1-Year Fixed | 5.86% | 5.96% | A$636 |
| 2-Year Fixed | 5.66% | 5.76% | A$624 |
| 3-Year Fixed | 5.56% | 5.64% | A$618 |
| Investment Loan | 6.36% | 6.51% | A$623 |
Rates shown are estimated averages based on current market conditions and may vary by lender, credit score, loan amount, and property type. Contact a licensed mortgage professional for personalized rate quotes.
Perth Mortgage Market Overview
The Perth housing market in Western Australia represents one of the most competitive mortgage lending markets in Australia. With a median home price of A$625,000, buyers in Perth have access to a range of mortgage products from both national and local lenders.
As a major metropolitan area, Perth benefits from intense lender competition, which often translates to slightly more favorable mortgage rates compared to smaller markets. Jumbo loans are particularly common here due to higher property values, and buyers may find special incentives from lenders competing for market share.
When comparing mortgage rates in Perth, remember that your actual rate depends on several factors including your credit score, down payment amount, debt-to-income ratio, and the property type. Rates shown on this page reflect market-wide averages and may differ from the specific rate you're offered.
For the most accurate picture of your mortgage costs in Perth, Western Australia, we recommend using our free mortgage payment calculator alongside these rates. This combination gives you a realistic understanding of both the interest rate landscape and your actual monthly payment obligation.
Frequently Asked Questions About Mortgages in Perth
Mortgage rates in Perth, Western Australia are updated daily on this page. As of today, rates vary by loan type — for example, fixed-rate mortgages and adjustable-rate products will have different rates. Scroll up to our rate table for the most current figures. Remember that individual lender quotes may differ based on your credit profile and loan amount.
The median home price in Perth is approximately A$625,000. This figure includes single-family homes, condos, and townhomes across the Perth metropolitan area. Prices can vary significantly by neighborhood — use our Mortgage Affordability Calculator to determine how much home you can comfortably afford based on your specific income and expenses.
Perth is a major housing market in Australia. Whether it's a good time to buy depends on your personal financial situation, career plans, and how long you plan to stay. Use our mortgage calculators to model different scenarios — compare monthly payments at current rates, estimate closing costs, and calculate your break-even point for buying vs. renting.
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Calculate Your Monthly Payment in Perth
Use current Perth rates with our free mortgage calculator to see your exact monthly payment, interest costs, and amortization schedule.