Australia’s housing market has recorded its fastest monthly price rise in more than two years, sparking renewed criticism of Labor’s five per cent deposit scheme .

National property values jumped 1.1 per cent in the October 2025 figures, likely driven by the five per cent deposit scheme , according to property analytics firm Cotality.

The price surge comes a month after Labor’s first home buyers’ scheme was widened to allow young voters to purchase a home with a deposit as low as five per cent.

UNSW economics professor Gigi Foster told SkyNews.com.au that the five per cent deposit scheme’s design made higher prices inevitable.

She noted “ unlimited places, higher property price caps, and no income restrictions ”, as flagged by Housing Australia, all served to exacerbate demand wi

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