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omg, 30 hectares in Gloucester, I wish I live there or somewhere close to there :(

IMHO Sydney's property is definitely overpriced, some maybe upto 50% in certain places. Here is one example: a house in North Parramatta ( http://www.domain.com.au/Property/For-Sale/House/NSW/North-Parramatta/?adid=2008094445 ) valued normally $400-$500K is being sold in the domain for asking...