oz banks wont lend you money for overseas property and overseas...

oz banks wont lend you money for overseas property and overseas banks wont lend to foreigners. so you need cash. rental returns are a lot higher since the gfc. friend of mine is moving to paris next week for work. leaving his 1.5 acre 6 bed , pool etc here for a 2bed apartment. his rent will be 50% higher than mortgage payments here on a 800k property.
if you've got cash then there are opportunities.