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Haven't been through 20 years but been through three markets China HK Aus. Seems its all the same in every country except maybe Japan

I pick inner city Melb over outer. Outer has run already and run hard. Unless you mean very outer like beyond Ferntree Gully

Yes bit of room left in Melbourne, and lots of room in Brisbane. Sydney is dead.

Crashing 20-30% is pretty naive view to be honest.

I always see these types of comments in a boom. Then they all disappear in the downturn.

Blood on the street if interest rates are bumped up a "notch"? Maybe if they leap-frogged.