In the last 5 or 6 decades, sharemarket returns and property returns over the long-run are very similar. And they have fast outpaced wage inflation. One thing's for sure. The average Australian's buying power will keep diminishing.At the end of the day it's all about the risk-reward spectrum and efficient frontier.

I agree. I feel that a lot of people are not selling into this sort of market at the moment, adopting a wait-and-see approach. So the turnover should be smaller. Would the clearance rate be more reflective of new suburbs like Hoppers Crossing, where all the young guns are diving into the market for FOHG