Sydney's pricing is rediculous to say the least, I was working in real estate when we experienced the housing crash in 03-04, and just b4 the crash, housing was so unaffordable, a correction was immenent. Stamp duty and capital gains tax was at an all time high, and is still on the up. Sydneys western suburbs or the hills district is where the highest increases were experienced due to Parramatta becoming the next big Urban sprawl. Check out anything around Silverwater and Ryde, as in my oppinion, they will be the best value for money and an overall good investment.
