The amount of doom and gloom is very interesting with what is going on here and in many cases I can accept that although hoping prices drop to affect others because they want the Aussie dream is disappointing. Anyways I was wondering if people could give me there realistic drop amount for a house which is in Perth going for $635000. The house is a 4 bed 2 bathroom house. If the market is to drop as many are predicting, realistically what will the price of that go to? A drop of 20% makes it $508000. Is that what people are expecting or lower?? I look forward to constructive posts.
