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That is such a sensible way of looking at property. I did the same in a lower social economic area in Brisbane. 6 years on it is now quite desirable but Brisbane friends at the time told us not to touch it! We've had good tenants and the rental yield was excellent. Now we are laughing.

I dont know anymore. But I think no suburb in SA is ranked in the worse 25 suburbs in australia fro crime. Here is an interesting article about Davoren Pk http://www.sensational-adelaide.com/forum/viewtopic.php?f=4&t=2495

It is also a suburb plagued with being on the news alot, and has some stigma attached to it because it used to be lower socio-economic area. I do have friends who are middle income earners who live there as it is affordable. I think it will have good growth in the long run but you need to...

Prices are coming down in Adelaide. I would look closer to city. I put an offer on a 1 bedroom unit in small block at Parkside (2K or less from city) and it was $16K less than the lower end of asking price. The owner considered it but went for a better offer which was only slightly higher...