For a start the median price for units and houses in Balmain have fallen -11% and -10% just in the past 6 months. Looking ahead they will be definitely not be going up in the short term, best case it will be steady.
Another bubble like we have seen since the new millennium is a pipe dream where easy credit and property investment was a ticket for easy money. Long term cap growth, better off in a term deposit unless it is an investment for your kids and you will never need the money.
