Charter Keck Cramer executive chairman Scott Keck says the housing market is "fully priced" with property values likely to drift sideways over the next few years. But, he ruled out any threat of a housing bubble and subsequent crash in prices.

Analysis of Australian Prudential Regulatory Authority data by finder.com.au shows the proportion of owner-occupier housing debt per adult compared to credit card and personal loan debt is at an all-time high of 89.3% – up from 80.6% in 2004.

Coming from Sydney, Boris Cheung expected there would be more choice for apartment rentals in Melbourne, but was surprised at just how selective he could be when he moved to the city late last year. He was the only person who turned up at a Saturday open for inspection in December for a near-new apartment in South Yarra.