Whilst i'm hoping for precipitous falls personally, i think it's more realistic to expect a range of 15-30% in the next three to five years. After all the US market has thus far fallen 36% (it's still falling though) and we are in much better shape economically than they were when the GFC kicked off and also today.
Predicting exact falls and increases in markets is foolhardy. I just prefer to think about what factors effect that market the most and which direction do these factors indicate the market is going....atm with property, all indicators are saying it's going down.
