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my gut says you're right, steve. for the same price as something with potential in ceduna i can pick up a property with potential in newcastle - with 62times the population.
the only difference being is the speculation factor ... and i don't know if i want to speculate any more.
Statistically, Golden Grove has one of the highest incidences of house break ins throughout the whole of Adelaide (I think it was actually no.1 for a few years in a row, but don't know where to find stats).
Statistically, Golden Grove has one of the highest incidences of house break ins throughout the whole of Adelaide (I think it was actually no.1 for a few years in a row, but don't know where to find stats).
I have family in Wynn Vale (next to Golden Grove) and 1 IP in Greenwith and have heard of no issues with crime. In fact I'll probably move into my IP in Greenwith next year.
really though Salisbury is not that bad, you can get some good middle to late aged tennants who are house proud and will always pay rent (as long as you dont go to high past their pension affordability)
steve, what are your thoughts up along the train line - devon park, croydon park, kilburn north etc? i know train line is a selling factor in sydney and melbourne, but does it have the same potential future draw in adelaide?
p.s. what council would the areas be in for a zoning density map?
There is also a new development where all the govt. housing has been demolished in Kilburn - the name escapes me at present, but it's the area between Kitchner & Livingstone streets.
Not bad PM.
Things to bare in mind is it's fairly far north in Kilburn with a lot of Semi's in the area, and pretty close to the industrial area as well. Take a quick drive around the area (or Google street view it) and get a feel for it.
Stayed in Ceduna for a week for the eclipse a few years back. Very high Aboriginal population, and has the country's biggest drive-through (or did when I was there). I know I spent most of the week drunk so anything I say is probably wildly inaccurate - they actually did run out of Coopers while we were there - but it just struck me as a dusty, sleepy little town with lots of beer and oysters, out in the middle of nowhere. Spose it could be a hub of mining activity by now, you never know.Ceduna has again been named as one of the “boom towns” predicted to have the largest increases in housing prices in Australia.