Investing in a property in Australia or elsewhere overseas is "still very viable", an expert has claimed.
Nick Marr, chief executive officer at Homesgofast.com, said that the way in which many investors operate has changed since the global financial crisis.
He said that many have adopted a different mindset and become "more realistic".
"Earning a quick buck very quickly is now something of the past and in fact promises of over-inflated price gains can put some people off. A housing market with a bubble about to burst is not attractive," Mr Marr added.
He went on to say that investors are comparing what they can achieve elsewhere, in banks and stocks, but see that overseas property is still a very workable option.
Last month, hotspotting.com.au founder Terry Ryder wrote in a piece for the Australian newspaper that talk of a housing bubble in Australia was all just "hot air".
Posted by Craig Francis