HSBC Australia

HSBC Australia is a subsidiary bank of one of the world’s largest financial institutions, HSBC. Known for offering a wide range of home loan services, HSBC is popular among expats living abroad.

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As an Australian expat, see what home loans are available at HSBC Australia.

HSBC 2 Year Fixed-Rate

Expats looking for security can find it with the HSBC fixed-rate package. With this loan, customers can be confident that their repayments will be the same every month. 

HSBC offers competitive rates and the option to split with variable loans. The minimum loan amount is $50,000.

Other HSBC’s fixed rates are available for 1, 2, 3 and 5 years, but the 2-year fixed-rate is the most popular.

Standard Variable-Rate 

Most borrowers prefer to go with variable rate loans to utilise the offset account and save on interest payments. Borrowers have access to a 100% offset account and the flexibility to redraw additional payments for free. 

This variable-rate home loan is great for purchasing both existing properties and for construction projects.

Home Value Loan 

Home Value Loan is HSBC’s featured variable rate product. Borrowers can make extra repayments without paying additional fees and are able to redraw the additional amount should they require the funds.

This loan requires one-off fees such as valuation fee, establishment fee and settlement fee, but no monthly or annual fees will be charged after.

Pros and Cons

Take a look at the pros and cons of HSBC Australia’s home loans

Pros Cons
Good interest rates to HSBC Australia premier customers.
HSBC Australia only does home loans with an LVR of up to 60% for expats.
Larger deposits will allow customers to secure lower interest rates.
Known for hefty overseas income shading.
Flexibility with prepayments.
Not suitable for first home buyers with a lower deposit.
HSBC is a very large global bank with branches and ATMs in 70+ countries.
Interest rates are less competitive than others in the market.

Allow us to find you the perfect home loan.​

Apply online to get expert recommendations with real interest rates and repayments.

Pros Cons
Westpac accepts the majority of foreign currency income.
Australian income tax rates are applied to foreign income.
Open to adjusting loan on complicated scenarios.
Maximum Loan Value Ratio (LVR) of 70%.
Free features are available for customers like offset accounts and redraw facilities.
Does not accept refinance applications, if you wanted to refinance to Westpac from a different financial institution

Mortgage Features

Here are the main features of HSBC’s mortgage packages.

Feature Details
Deposit Size
HSBC has a maximum LVR of 60%, meaning you’ll need a 40% deposit.
Repayment Options
Unlimited free extra repayments with a home value loan.
Cashback offers
HSBC offers customers cashback when refinancing a home loan.
Interest Rates
2-year fixed-rate of 2.29% for expats investing in property in Australia. Variable-rate loans at 2.54%.
Expat Information
Buyers from overseas will need a lower LVR.

Mortgage Features

Best interest rates for HSBC premier customers living overseas.

Cashback is available when refinancing to HSBC.

Free extra repayments every year are available with home loan packages.

A large presence in Hong Kong.

How Do I Apply?

When you apply for a home loan with HSBC Australia, you are required to provide a number of documents.


  • Don’t need to be a previous HSBC customer.
  • Over the age of 18

Documents required

When you apply for a home loan with HSBC Australia, you are required to provide a number of documents.

Form of Identification

Passport, driver licence, birth certificate etc.


Bank account statements showing three months of salary income.

Details on any other loans (housing, personal, or car loans).

Overseas rental income.

Property details.

Allow us to find you the perfect home loan.​

Apply online to get expert recommendations with real interest rates and repayments.

Other Related Products

Premier Loan

Premier customers are able to enjoy discounted interest rates and fees. They can also benefit from Premier Mastercard with HSBC rewards, no annual credit card fee, and a personal relationship manager.

Everyday Global Account

Make life easier with an all-in-one currency account for your everyday banking needs. No ATM or transaction fees when at home or overseas.

More home loan questions

HSBC Australia offers a variety of features on their home loans for those looking to purchase in Australia. These features include unlimited free extra repayments on variable home loans and cashback offers for those looking to refinance with HSBC. Buyers from overseas will be required to have a maximum LVR of 60%.

Yes. HSBC is a global financial institution that is becoming more and more popular with overseas buyers looking to purchase a property in Australia. You’ll be required to provide a deposit of 40%, but this will allow you to secure a lower interest rate than those with lower deposits.

Yes. Australian expats living abroad are able to secure a home loan with HSBC. HSBC offers a wide range of financial services which are becoming more popular with expats living abroad. If you want to buy property in Australia, you’ll be required to have a maximum LVR of 60%.