I find your evaluation very far from the mark, property prices have previously fallen over 50% so that can happen easily, we have only seen some slight corrections so far
Inflation -- shares prices are priced far above their true capitalized value
Housing is also way beyond their value
Personal debt in Australia is about the highest in the world
The Fed have been putting trillions of dollars into the system, helicopter money
Whether it is rampant inflation or deflation, it will have to be one or the other so IMHO it is not the time to buy for investment
There are certainly barrels of money out there floating around in the system wanting to find a home but none of the homes are very safe unless you go for PMs and they are more of a hedge that an investment