Steven Cross
Proving housing affordability is still an issue for many potential home buyers, RP Data’s Property Pulse report showed that just 7.1 per cent of capital city suburbs have a median house price less than $300,000.
In Canberra, there wasn’t a single suburb with a median house price under $300,000.
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Melbourne recorded just 2.6 per cent of all suburbs with a median under $300,000; Perth recorded 3.8 per cent of all suburbs, Sydney 4.2 per cent, Darwin 5.4 per cent, Brisbane 13.1 per cent and Adelaide 11 per cent.
Hobart had the highest proportion of suburbs, at 41 per cent, with a median price under $300,000.
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