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I agree always look for something that can be developed in years to come that's where the value is

I think Adelaide is too small to buy a property and speculate a certain ethnicity will pay a premium price for it. Anyone will live wherever they can best afford..

Places like Prospect have already had strong growth IMO and won't see anything in next few years. Even further out like Enfield, Pooraka are demanding high prices

Not sure if what you want exists. You want cash flow neutral with good capital growth, close to the city and not Elizabeth area? I suppose it depends what you mean by cash flow neutral...do you mean so rent covers minimum repayments of 80% of principal +interest loan ?