Sorry I should be a bit more specific in my previous email. I should have mentioned I would like to short Sydney market, as the market is at its peak in this cycle in my opinion.
The auction in recent two weeks in Eastwood, Epping and Beecroft are not as hot as last few months (less bidders).
I'm actually thinking about to put my PPOR on the market, and rent in my preferred suburb for a while (north shore somewhere). If opportunity comes up (eg drop 10 - 15%) from current level, then buy. Maybe this is more realistic way to short the market.