30% clearance rate report for Sydney, page-5

Good to see the two over heated markets are the lowest of all states and not rising particularly rapidly.

The report also doesn't state whether or not it includes offset funds, which is an annoyingly hard statistic to find data for given almost all property owners use them. I know of a couple who has $10m property debt, completely offset with cash for the time being.

Everyone I know uses offset accounts as savings accounts, every cent of cash that any half financially savvy person has is sitting in their offset account. No credit crunch for them, $10m war chest ready to go... 

Even the ABS' indebtedness report states 

"The modelling of this item does not account for differences in loan conditions, such as whether loans had a fixed or variable rate, size of offset accounts, or whether households are ahead in their mortgage payments."What!!?? How can this be an indebtedness report without knowing how in debt the people are...???

http://www.abs.gov.au/ausstats/[email protected]/Lookup/by%20Subject/6523.0~2015-16~Feature%20Article~Household%20Debt%20and%20Over-indebtedness%20(Feature%20Article)~101

So for my own decision-making purposes any research not including offset funds renders it unreliable.

This is one helpful report, albeit a little old now.

https://www.rba.gov.au/publications/smp/2015/aug/pdf/box-e-offset-account-balances-and-housing-credit.pdf