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I'm not seeing any sign of this boom ending in Sydney. Auction clearance rates still above 80%, housing finance rising, vacancy rates below 2%, and Sydney has less stock on the market than Melbourne, Brisbane, Perth or Adelaide. Supply is incredibly tight. Tightest in recorded history actually...

This is the highest ever preliminary Domain/APM clearance rate (although RPData recorded 91% last week, but Domain/APM was lower last week).

Sydney Northern Beaches house prices rise 10% in three months! http://news.domain.com.au/domain/real-estate-news/sydney-median-house-price-soars-past-900000-20150429-1mvpss.html

According to RP Data, Sydney posted an all-time record-high clearance rate of 92% this weekend... https://www.scribd.com/doc/263203560/Weekend-Market-Summary-Week-Ending-2015-April-26

It was bucketing down all day on Saturday in Sydney... I'm surprised anyone turned up for an auction at all!

The Sydney median house price rose above $900K in December according to Residex... http://somersoft.com/forums/showthread.php?p=1271888#post1271888

Even if the median house price hits one million (it's not there yet) that would still mean that half of all houses are priced under one million. And obviously units are much lower again - the median unit price is about $600K.

According to SQM Research... 'As at this morning, Sydney median asking prices for houses have now hit the $million$ dollar mark' (from Louis Christopher)

I have a PPOR and 3 IPs on the Northern Beaches, all purchased between 2005 and 2009. No other investments.

If you're talking about Australian Property Forum, that's not my site. I'm just a member there. It's run by a guy called Alex Barton. You post there as well, as 'tech_support' don't you? I just noticed this thread today, as I rarely look outside the Property Market Economics subforum of...