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Article from Eureka Report was written by Adam Carr MIW, Hm.. that's interesting. The premium subscription article that I read from the Eureka Report was written by Adam Carr (http://www.eurekareport.com.au/contributor/adam-carr) So I guess, we need the information from ABS then...

Here it is, http://www.eurekareport.com.au/article/2015/6/1/property-investment/why-australian-house-prices-are-cheap Anyone can try it for 3 weeks free of obligations and no need for credit card. See it yourself and hopefully you can learn some more :-)

There is no big proeprty crash just a slight correction I guess... Hi mate, Most of the Investment Properties in Australia here is tightly controlled by the banks and also mostly the IP is owned by the top earners in Australia, so when the price is plummetting down, the owner still not forced...

Yes, you are right. from this week, somehow I've been gettin a call and follow up from the RE agent who plans to auction at the end of this month. Not sure why they called me and willing to organize evening or night inspection as well. I guess, the market started to cool down a bit slowly.

Do you mean there is a reduced sellers activity this week onwards ?

I've amended the graph title: it's about Australia?s three speed property market ? by lending

Rate increase = property drop ? Mr. Bay, Do you mean as per this graph taken from premium Eureka Report website: Australia?s three speed property market ? by lending Those dips in June 2000, June 2004, June 2008 and June 2010 (exception) was due to the rate increase by RBA ?

Mt. Druitt NSW ? No man don't buy in NSW, buy in Brisbane suburbs that is not flood prone (outside CBD 5KM+)

RBA = Master of Puppet ? So what about the RBA ? are they just the puppet ?

Yeah, and also: The auctioned house last weekend in West Ryde Gaza St. asking Price $1.2m sold price was +$610.000 !!! and also the house price in Westmead where it start from $1.1m and above why ? the median price is just $836.000 !!! if that is not a bubble then I guess that's hyper...

I hope that you guys area all correct.... Ah I see, You guys and girls are very great source of inspiration and knowledge to me. It seems yes you are make more sense. I'll stick with the number and figures collected from statistics (at the back of property mags) and my basic due...

ah I see. I guess, my scope of crash here is in Sydney proeprty market :-)

How come people here is so sure that no property bubble or crash be it small 1 - 29% or large 30%+ ? is there any pattern that can be seen to predict this ? According to the Online newspaper and people in my office / church it is coming for sure. Anyhow.... we'll see about that...

No, it is for real I guess. obviously it won't be a catastrophic like in USA. Why is it naive ? ok, let say that it is going sideways with a slight dip or price correction into 20% below market trends :D I'm still waiting for the price crash to come because so far I've been looking for 3...

But at least you've bought something after you've joined this forum ?

Yes, somehow I've been affected by the cautious thinking of people like Windyzz recently. For Example, the main topic was the far remote area in Sydney Northwest like in Schofields, Riverstone and The Ponds is skyrocketing to the expensive suburbs level when it is still being build. So most of...

Crash is for sure next year Well based on my friend talks over the lunch and in the dinner with different ethnic communities, it seems that all of them agreed that next year or the year after that Sydney property market will be crashing down with 20 - 30% price dip to the existing market...

Ah yes, thanks for the clarification Sk8ter :-)

Is that possible here in Sydney ? I thought the banks has been made aware since the GFC by tightening the lending practice.

whoa, is that the waterfront apartment or a house ?