Hovea speciosa is a flowering plant in the family Fabaceae, endemic to eastern Australia.

It has purple pea flowers, linear leaves with long, rusty hairs on the lower surface.

Hovea speciosa is a shrub to 3 m (9.8 ft) high and stems with brownish to grey, short, densely matted, curled or more or less straight, flattened to nearly spreading hairs.

The leaves are variable, they may be strap-like, narrow-elliptic or club-shaped, 2.5–6 cm (0.98–2.36 in) long and 3–7 mm (0.12–0.28 in) wide, midrib slightly recessed, the base rounded or almost pointed, margins rolled or curved under, apex almost pointed, notched or rounded.

Flowering occurs from August to September and the fruit is a broadly elliptic-shaped pod, 12–14 mm (0.47–0.55 in) long and 9–11 mm (0.35–0.43 in) deep, sessile, outer surface densely covered with long, gold-brownish, slightly flattened hairs.