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'If you think Aussie property prices are high now, you've seen nothing yet'

A leading national commentator argues Australia's seemingly high property prices are a mirage, with the next two years set to deliver rich rewards for local and international real estate investors who take the plunge now.

Steve Douglas, Chairman, SMATS Group, delivers property market update in Singapore.
Steve Douglas, Chairman, SMATS Group, says that despite recent price increases, Australian property is incredibly cheap by global standards. (Image source: Craig Francis)

The head of the company that looks after more Australian landlords than any other accounting firm in the world has argued that despite recent property rises, Australia’s capital cities real estate was still far more affordable than comparable major centres globally.

While the biggest cities Sydney and Melbourne were worthy of buyer attention, it was the smaller state capitals that represented the best investment value for international and local…

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