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Bridging Loan OO

Bridging loans are suitable for customers who are looking to purchase a new property while awaiting sale of their existing proper and seek short-term finance to cover paying both loans.

Home loansBank updated 7 Oct 2026

At a glance

Max LVR
70%
Features
redraw, extra repayments

Rates

The one rate Great Southern Bank publishes for this home loan.

TypeApplies toTermBandRateComparisonConditions
VariableInterest Only repayment: 70% maximum LVROwner occupied, Interest only--10.06%10.17%-

Rate changes

One change logged, newest first.

DateRateWasNowChange
7 Oct 2026Variable, Owner occupied, Interest only9.81%10.06%up 0.25

Each change is logged the night it appears in the rates Great Southern Bank publishes. See how every lender answered the RBA on the rate tracker.

Fees

11 fees published, grouped by when they're charged.

  1. When you take it out$235Security Adminstration Fee
  2. While you hold itNo fee published
  3. When you close it or pay it off$500Discharge Fee

When you take it out1

  • Security Adminstration Fee

    For each security offered to the Great Southern Bank loan. A securities administration fee applies to all secured credit facilities. The securities administration fee represents the average cost base…

    $235

When particular things happen9

  • Account Information Fee

    Account informaton fee is payable when customer request the following: - An annual audit certificate on a Great Southern Bank account - A copy of a cheque or Visa voucher - Personal information, trac…

    $20
  • Application Fee

    Bridging loan application fee payable at time of making the application and non-refundable.

    $350
  • Arrears Letter Fee

    Payable where Great Southern Bank sends you a letter in relation to arrears on your account.

    $22
  • Bridging Loan Establishment Fee

    Bridging loan establishment fee applies for a bridging loan which includes the cost of processing the application and the preparation of the Great Southern Bank loan documentation.

    $400
  • Default Notice Fee

    Default notice fee is payable where Great Southern Bank sends you a default notice in relation to outstanding arrears on your account.

    $33
  • Production Fee

    If you request a title held by Great Southern Bank to be produced to a relevant state’s land titles office for any purpose, a production fee is payable.

    $100
  • Re-documentation Fee

    Where a borrower requests, and Great Southern Bank agrees, to a restructure of a loan between approval and funding and that change requires amended documentation to be prepared, a fee will be payable.

    $300
  • Telegraphic transfer fee within Australia

    Local telegraphic transfer to an account at a financial institution within Australia. Payable where you request a local telegraphic transfer to an account at a financial institution within Australia.

    $35
  • Variation Fee

    A variation fee is payable if you request any changes to the Credit Contract or Security - for example: - Re-arrange and/or substitute a security on a mortgage - Consent to any dealings in relation t…

    $300

When you close it or pay it off1

  • Discharge Fee

    If you pay out the loan partially or in full where a discharge of security is required, or you request a discharge of a security, a discharge fee is payable (per release or transaction).

    $500

Features

RedrawExtra repaymentsGuarantor optionDigital banking
  • $0 Monthly or annual fees.

Eligibility and limits

  • Minimum age 18
  • Residency: You must be an Australian citizen or Australian resident to hold an account with Great Southern Bank
  • Available to individuals
  • Amount $100,000 to $5,000,000
  • Maximum LVR 70%

Published by Great Southern Bank under the Consumer Data Right, last changed by them on 7 Oct 2026. Figures are shown as the institution publishes them and can change without notice; confirm on their site before applying. The Finance Algorithm earns nothing from any product listed here.