The House price in Sydney is still around $1 mil in some decent suburbs. 10-15km to the CBD. not a really big fall. If those suburbs fall by another 40% then it's really a big fall but I see that it's back to more sustainable level since the house price (I mean standalone houses with land) has almost doubled -100% increase - in the last 10 years, so 40% drop is not a big fall..!! it's just back to the normal cycle of price rise and it's what it should be now.
