Queensland launches new deposit scheme as housing market faces affordability wall
1 report, 1 independent
Updated Sat 00:00
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What happened
Queensland launched a new unshackled deposit scheme on October 24, 2026. This follows a period where changes to the federal deposit scheme led to a rush of 20,125 buyers using taxpayer-backed loans. This demand drove up property values in many markets across the state.
From realestate.com.au
Why it matters
The new scheme comes as the previous demand-fueled property growth has encountered economic resistance. Rising interest rates and increased living costs have reduced borrowing power, making it difficult for young buyers to enter the market.
From realestate.com.au
Who's involved
- QueenslandThe state introducing the new unshackled deposit scheme.
- City of Gold CoastA local government area where property prices surged during the previous scheme.
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The entities involved
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Queensland
state of Australia