Despite strength in depth at scrum-half, Habberfield has featured in 13 GUINNESS PRO12 encounters this term, nine of those appearances coming from the bench.
But the 23-year-old academy product embraces the competition he has and hopes to make his mark at the Liberty Stadium.
"I've been part of the system here a few years now, I've grown up here, so I'm excited about what the future brings," Habberfield told the Ospreys website.
"I'm really enjoying my rugby and I'm fortunate that I've been able to get a lot of game time this season so far.
"When you look at the other nines in the squad, with Brendon Leonard playing well and Rhys Webb back at the weekend, it makes you realise the standard I have to hit consistently every week if I want to stay around the matchday 23.
"It's good to have that challenge, it makes sure I keep working to push my own game on. I'm looking forward to competing with them for another three years.
"They are different types of players, but they offer so much on and off the field and are people I can keep learning from. I know that with those two in the squad, if I do get selected, then I'll be doing okay."
To buy tickets for the GUINNESS PRO12 Grand Final click here. Also follow us on Facebook, join the conversation on Twitter, sign up to our YouTube channel for extensive match highlights and sign up for our newsletter for regular updates on the GUINNESS PRO12.