Sales over $1 million accounted for only 5.4% of all sales across Australia, according to RP Data researcher Cameron Kusher.
In the capital city markets, home sales at prices in excess of $1 million accounted for 7.4%.Click to enlarge
Sydney snared the largest amount of high-end property sales, with 11.1% of houses and apartments selling above $1 million.
Hobart accounted for the lowest number of sales in the $1 million-plus premium bracket, with just 1.2%, followed by Darwin's 2.3%.
Perth sits in the middle, with 6.5% of sales in the $1 million plus range.
Throughout Australia, 48.3% of all homes sold were at prices below $400,000.
Within capital cities, its 37.2% of all sales priced below $400,000.
The data covered the year to August 2012.