I believe property investment is always profitable in any stable country. Where you can make the difference is to choose the right location for the property :)
That is put very straight forward and it makes sense. For the less you buy it, the more money you make. With the world economy it is right now I would say now is a good time to invest in property
I also think that investment in Aus is a great investement. There are many beautiful places which attract many foreigners. I would not mind having a property in Aus
It is difficult to spot a good investment nowadays with the unstable economy world wide. However, I think NZ and AUS is pretty good investments :biggrin:
Thanks for all the tips. Although I did not start the thread, it really gave me many answers to my questions since I am also looking into buying property in Sydney.