Here it comes.., page-3

Some reasonable commentary in that article.

"A report by economists George Tharenou and Carlos Cacho said there were still strong dwelling commencements, low interest rates and strong population and employment growth.
But surging household debt, low wages growth and dwindling foreign investment presented a risk to the cooling housing market.
Adding to the risks were measures by bank regulators to reduce lending for investment property."

"Mr Tharenou said he stood by a previous assessment calling the top of the housing boom, but the outlook was now closer to a “plateau” than a correction.

But that could change if the RBA increased interest rates.
“If the RBA hikes rates too early or too much, then we could see a crash,” he said.
“During the boom housing prices levered up and increased debt levels, which has created a scenario where households have never been more sensitive to rate changes.
“When rates do rise, as we expect they will in 2019, there is some possibility that household reaction will be greater than it has been in the past.”
Most analysts are tipping the RBA to begin raising cash rates from record lows at the end of this year, but a string of strong economic data, including employment growth and consumer confidence, could see an earlier lift.

Emphasis Added.