Great Southern Bank Home Loan Rates December 2025

Explore Great Southern Bank home loan offers to find some of the most competitive mortgage rates, fees, and features available for you.

Monthly repayment below is based on a $500,000 loan amount over 30 years.

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LenderHome LoanInterest Rate Comparison Rate* Monthly Repayment Repayment type Rate Type Offset Redraw Ongoing Fees Upfront Fees Max LVR Lump Sum Repayment Extra Repayments Split Loan Option TagsFeaturesLinkComparePromoted ProductDisclosure
5.19% p.a.
6.90% p.a.
$2,742
Principal & Interest
Fixed
$0
$835
95%
  • Owner Occupier
  • Fixed 2 Years
  • Principal & Interest
  • 5% Min Deposit
  • Redraw
  • Extra Repayments
  • More details
5.19% p.a.
6.72% p.a.
$2,742
Principal & Interest
Fixed
$0
$835
95%
  • Owner Occupier
  • Fixed 3 Years
  • Principal & Interest
  • 5% Min Deposit
  • Redraw
  • Extra Repayments
  • More details
5.39% p.a.
5.45% p.a.
$2,246
Interest-only
Variable
$0
$835
70%
  • Owner Occupier
  • Variable
  • Interest-only
  • 30% Min Deposit
  • Redraw
  • Extra Repayments
  • More details
5.39% p.a.
5.45% p.a.
$2,805
Principal & Interest
Variable
$0
$835
70%
  • Owner Occupier
  • Variable
  • Principal & Interest
  • 30% Min Deposit
  • Redraw
  • Extra Repayments
  • More details
5.39% p.a.
7.27% p.a.
$2,805
Principal & Interest
Fixed
$0
$835
95%
  • Investor
  • Fixed 2 Years
  • Principal & Interest
  • 5% Min Deposit
  • Redraw
  • Extra Repayments
  • More details
5.39% p.a.
7.07% p.a.
$2,805
Principal & Interest
Fixed
$0
$835
95%
  • Investor
  • Fixed 3 Years
  • Principal & Interest
  • 5% Min Deposit
  • Redraw
  • Extra Repayments
  • More details
5.39% p.a.
7.11% p.a.
$2,805
Principal & Interest
Fixed
$0
$835
95%
  • Owner Occupier
  • Fixed 1 Year
  • Principal & Interest
  • 5% Min Deposit
  • Redraw
  • Extra Repayments
  • More details
5.44% p.a.
5.50% p.a.
$2,267
Interest-only
Variable
$0
$835
70%
  • Owner Occupier
  • Variable
  • Interest-only
  • 30% Min Deposit
  • Offset
  • Redraw
  • Extra Repayments
  • More details
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Important Information and Comparison Rate Warning

What you need to know about Great Southern Bank home loans

Great Southern Bank began life in 1946 (as Credit Union Australia) and re-branded in 2021, keeping its member-owned structure while sharpening its focus on 'helping all Australians own their own home'.

You might find Great Southern Bank a good fit if you:

  • Prefer a customer-owned alternative to the big banks
    Because members are the only shareholders, surplus earnings are reinvested into better pricing, service and community programs rather than dividends.

  • Are a first-home buyer seeking to use the 5% Deposit Scheme
    More than a quarter of the bank's FY25 lending went to first-timers, and it participates in the 5% Deposit Scheme that helps cut LMI costs for eligible borrowers.

  • Like face-to-face support and digital banking
    The bank's extensive branch network centres on Queensland, NSW, and Victoria, while the bank offers online banking, an app, and a call centre.

  • Want multiple home loan options
    Great Southern Bank houses a full suite of home loan products, including variable, and fixed rates, offset accounts, and investor products.

  • Want a longer loan term
    Great Southern Bank is one of few lenders advertising loan terms of up to 40 years in an effort to help first time buyers into the market.

  • Value responsible growth and sustainability
    Great Southern Bank released a 2025-28 Climate Transition Plan and reports on progress toward net-zero operations.

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