New First Home Buyer Scheme: What It Means for Sellers

From 1 October 2025, the Government rolled out major changes for first-home buyers:

• Unlimited places in the Home Guarantee Scheme

• No income caps

• Higher property price caps (up to $1m in QLD cities/centres, $700k in other areas)

It’s welcome news for first-home buyers. But sellers should also take note — these changes could increase buyer activity and reshape the local market.

The Current Market “Vortex”

In Toowoomba, the market has felt a little stuck:

• Buyers are circling, ready to purchase.

• Many homeowners would like to sell, but only if they can secure their next home first.

• With limited stock, the cycle slows down.

How These Changes Could Unlock Movement

By making it easier for first home buyers to enter the market, the new rules can:

• Add more qualified buyers to the entry level

• Encourage activity at the bottom of the market, which may free up sellers to move into their next home

• Increase competition across open homes, auctions, and private sales

This doesn’t automatically change everything overnight — but it does create an environment where more buyers are ready to participate.

What Sellers Can Do

Every property journey is unique, but sellers can benefit from:

• Presenting their home well — professional marketing, styling, and photography make a difference.

• Understanding the buyer pool — especially first home buyers now entering new price brackets.

• Working with an experienced agent who can guide them through current conditions and help attract the right offers.

The October changes are a boost for buyers — and they could also provide fresh opportunities for sellers. If you’ve been curious about what your home might achieve, now is a good time to have that conversation.

Reach out anytime and let’s talk about what these changes might mean for your property.

This article provides general information only and is not intended as financial, legal, or investment advice. Government schemes and eligibility criteria may change, and individual circumstances vary. Before making property or financial decisions, you should seek independent advice from a qualified professional.