Is the Australia property bubble about to burst by 50% ?

Is the Australia real estate bubble about to burst by 50% ?

Australia is facing a massive property bubble and investors will be hardest hit with no tenants and banks re-possessing apartments.

“Australia now has one of the biggest housing bubbles in history”

http://www.fool.com.au/2016/02/24/are-australian-house-prices-set-to-crash/

“Australia real estate 50% drop in property values” http://www.afr.com/news/economy/employment/uncovering-the-big-aussie-short-20160223-gn130w

“An overseas Melbourne CBD apartment investor might sign a contract to buy an apartment for 0,000 in 2016 but by the time it’s finished in 2018 the bank values the property at just 0,000″

http://www.abc.net.au/news/2016-02-05/off-the-plan-apartments-carry-high-risks/7144040