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matto I follow cycles, from my experience it has happend in Perth, Melb and inner city Syd. What about u, any other markets that I have missed:)

I think this is a hard question to answer. What I am seeing is properties sub $400K getting snapped up, sold within 1-2 weeks, but the price must be realistic, this is the Perth market. However, the expensive properties over $600K are just sitting on the market. I think generally speaking...