Homes Under 400K
Across the combined capital cities, 28% of homes sold over the 12 months to June 2014 were priced below $400,000.
In regional areas the figure was a much higher 63.9%. There has been a substantial reduction in housing under $400,000 over the past decade.
10 years ago, 69.3% of capital city home sales and 86.4% of regional home sales were below $400,000.