Compare Home loans in Hobart

Find home loans from a wide range of Australian lenders that best suit your needs, whether you're investing, refinancing or looking to buy your first home. Compare interest rates, mortgage repayments, fees and more.

Compare Home loans in Hobart

Premium Home Loan Fixed 3 Years (LVR < 80%)SpecialApply for a 3 month break in repayments for environmental upgrades to your home
Advertised rate
4.04%
Fixed - 3 years
Comparison rate*
4.66%
Monthly repayment
$1,199
Real Time Rating™

3.85 / 5

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Discount Variable Home Loan
Advertised rate
4.64%
Variable
Comparison rate*
4.69%
Monthly repayment
$1,288
Real Time Rating™

3.15 / 5

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Premium Home Loan Fixed 2 Years (LVR < 80%)SpecialApply for a 3 month break in repayments for environmental upgrades to your home
Advertised rate
4.09%
Fixed - 2 years
Comparison rate*
4.73%
Monthly repayment
$1,207
Real Time Rating™

3.63 / 5

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Extra Investment Loan (Interest Only)
Advertised rate
5.18%
Variable
Comparison rate*
4.75%
Monthly repayment
$1,370
Real Time Rating™

2.53 / 5

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Premium Home Loan Fixed 1 Year (LVR < 80%)SpecialApply for a 3 month break in repayments for environmental upgrades to your home
Advertised rate
3.99%
Fixed - 1 year
Comparison rate*
4.78%
Monthly repayment
$1,192
Real Time Rating™

3.46 / 5

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Choice Package Tailored Home Loan (Principal and Interest) ($250k-$750k)
Advertised rate
4.39%
Variable
Comparison rate*
4.78%
Monthly repayment
$1,250
Real Time Rating™

3.76 / 5

Compare
3 Year Special Economiser Home Loan (Low Doc)
Advertised rate
4.29%
Intro 36 months
Comparison rate*
4.78%
Monthly repayment
$1,306
Real Time Rating™

3.52 / 5

Compare
Choice Package Tailored Home Loan Fixed (Principal and Interest) 5 Years
Advertised rate
4.09%
Fixed - 5 years
Comparison rate*
4.80%
Monthly repayment
$1,207
Real Time Rating™

3.71 / 5

Compare
Choice Package Tailored Home Loan Fixed (Principal and Interest) 3 Years
Advertised rate
3.94%
Fixed - 3 years
Comparison rate*
4.84%
Monthly repayment
$1,185
Real Time Rating™

3.56 / 5

Compare
Extra Investment Loan - 4 Year Introductory Rate (Interest Only) (First Home Buyer)
Advertised rate
4.19%
Intro 48 months
Comparison rate*
4.85%
Monthly repayment
$1,331
Real Time Rating™

3.61 / 5

Compare
Choice Package Tailored Home Loan Fixed (Principal and Interest) (First Home Buyer Special) 2 YearsSpecialDiscount off the 2 years Package Fixed Rate (Principal and Interest) for a loan of $150k+ for first home buyers purchasing residential properties only
Advertised rate
3.69%
Fixed - 2 years
Comparison rate*
4.86%
Monthly repayment
$1,149
Real Time Rating™

3.43 / 5

Compare
Premium Home LoanSpecialApply for a 3 month break in repayments for environmental upgrades to your home
Advertised rate
4.82%
Variable
Comparison rate*
4.86%
Monthly repayment
$1,315
Real Time Rating™

3.33 / 5

Compare
Basic Investment Loan (Principal and Interest)SpecialEstablishment fee waived for Variable Basic Home Loans until 30 September 2018
Advertised rate
4.87%
Variable
Comparison rate*
4.91%
Monthly repayment
$1,322
Real Time Rating™

2.93 / 5

Compare
Premium Plus Package Variable Rate Home Loan (Principal and Interest) (Amounts < $500k)
Advertised rate
4.57%
Variable
Comparison rate*
4.94%
Monthly repayment
$1,277
Real Time Rating™

3.42 / 5

Compare
Choice Package Tailored Home Loan Fixed (Principal and Interest) 1 Year
Advertised rate
3.89%
Fixed - 1 year
Comparison rate*
4.96%
Monthly repayment
$1,178
Real Time Rating™

3.21 / 5

Compare
Choice Package Tailored Home Loan (Interest Only) ($250k-$750k)
Advertised rate
4.92%
Variable
Comparison rate*
4.96%
Monthly repayment
$1,330
Real Time Rating™

2.77 / 5

Compare
Choice Package Tailored Home Loan Fixed (Interest Only in Arrears) 3 Years
Advertised rate
4.29%
Fixed - 3 years
Comparison rate*
4.98%
Monthly repayment
$1,236
Real Time Rating™

2.74 / 5

Compare
Choice Package Tailored Home Loan Fixed (Interest Only in Advance) 3 Years
Advertised rate
4.19%
Fixed - 3 years
Comparison rate*
4.99%
Monthly repayment
$1,221
Real Time Rating™

2.82 / 5

Compare
Choice Package Tailored Home Loan Fixed (Principal and Interest) 4 Years
Advertised rate
4.59%
Fixed - 4 years
Comparison rate*
5.01%
Monthly repayment
$1,280
Real Time Rating™

3.06 / 5

Compare
Premium Investment Loan Fixed 3 Years (Principal and Interest)
Advertised rate
4.54%
Fixed - 3 years
Comparison rate*
5.04%
Monthly repayment
$1,273
Real Time Rating™

3.29 / 5

Compare
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Home loans in Hobart

The centre of Australia’s most southern state, the city of Hobart is both the governmental and financial hub of Tasmania. It has an extensive historical influence and is therefore attractive to international and interstate tourists.

Hobart’s home loan sector and property market can fluctuate with external factors but minimal housing and development causes a demand for properties in the city. If you are looking to buy or invest in Hobart it is important to research the city and weigh up the positives and negatives carefully.

What is Hobart like?

Hobart is located on the Derwent River with properties situated on both sides of the waterway. Due to its location the city is economically reliant on marine activities, mainly, from cargo and cruise ships as well as research teams going to and from the Antarctic. The city has a mild climate with strong winds and low temperatures a feature during six months of the year.

Hobart features streets of historic homes and buildings that serve to attract tourists and further bolster the city’s economy. In addition to housing the state’s governmental bodies and parliament, Hobart is also the base for several national and multinational companies, including, Incat, Nyrstar and Cadbury’s Chocolate Factory.     

What do I need to know about Hobart’s economy and property market?

Historically and over recent decades, Hobart and the rest of Tasmania was well known for having one of the worst employment rates in the country. This is slowly improving but Tasmania is still struggling below most other states. This is reflected in the property market with generally lower property prices and low sale rates. The more affordable prices have brought investors to the city looking to capitalise on a buyer’s market. This, in turn, has created a slight property shortage with fewer properties being placed on the market than in previous years. 

How does this compare to other capital cities in Australia? 

Mainly due to its low levels of employment opportunities and industry, Hobart is less in demand than other Australian cities. Both Sydney and Melbourne have a steady economy despite external factors, where Hobart is more reliant on the performance of local industries and government policy. The city can be more closely compared to Perth and Darwin, which also suffer from the effects of isolation. 

Why should I get a home loan in Hobart?

Due to a current upturn in industry and tourism, Hobart may be a good choice for investors and first time homebuyers. Median property prices are lower than many other capital cities with many historic or character properties on offer. Hobart can be an affordable option if you are looking at purchasing a property in a capital city but don’t want to contend with the expensive prices and supply problems of either Sydney or Melbourne. The city’s home loan sector is regulated mostly by the federal government with some input from the state government and is therefore similar to other states and cities in Australia. 

What issues may I face?

If you are looking at getting a home loan in Hobart, you will have to pay similar fees and duties as in the other cities in Australia. The local council will also impose some biannual rates. Due to increasing investor interest there may be a growing shortage of properties on the market and you may have less property options in the more popular suburbs.

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^Words such as "top", "best", "cheapest" or "lowest" are not a recommendation or rating of products. This page compares a range of products from selected providers and not all products or providers are included in the comparison. There is no such thing as a 'one- size-fits-all' financial product. The best loan, credit card, superannuation account or bank account for you might not be the best choice for someone else. Before selecting any financial product you should read the fine print carefully, including the product disclosure statement, fact sheet or terms and conditions document and obtain professional financial advice on whether a product is right for you and your finances.

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