Hobart most affordable location in australia

Hobart in Tasmania has been named as the most affordable destination for property in Australia.

41.2 per cent of the properties on sale in the city were marketed at less than AU$300,000 (£197,769), according to figures from RP Data.

In contrast, Canberra is the most expensive location in which to buy Australian real estate, with just 8.8 per cent of sales coming in lower than this amount.