House prices under $600k have hit a record low

Houses listed under $600,000 have hit a record low since the start of the COVID-19 pandemic over two years ago.

Across Australia, the number of properties listed under $600,000 on dropped to 35.8 per cent in October.

In Sydney, just 1.8 per cent of all available properties were listed under $600,000 or less, according to PropTrack’s latest Insight Report.

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