I do not buy the bi-level house on a busy street facing a factory! 

I don't know what your budget looks like but this city is really inconsistent or "street by street."

See the attached maps of his/his related entity real estate investments (courtesy of The Wall Street Journal). 

One land speculation I bought 4 acres in sonoma County CA ( wine country) in 96 for 27k it was unbuildable at the time ( could not get a septic system on it) Well city grew to us The Graton Casino comes in right across the street and we sold a few years ago for over 2 mil to a land assemblage investment company.

This is North of Franklin.

And we bring the side fence to the front of the house so the sides are not exposed to the street all the other builders go cheap and put the fence to the back of the house and save the side yard fence run..

That said, there's quite a few homes in that area that have that challenge (no driveway/street parking).

Taree, in regional NSW (@ 4 hrs north of Sydney) is a pretty good area for investors interested in positive cash flow. 

We had an investment group willing to come in and zero-lot line a dilapidated apartment complex in Corvallis and give the tenants the opportunity to buy to help solve our affordability crisis here, but nonetheless, the city forced their hand by needing a half-street development after changing zoning that killed the deal.

Address 73 Truman Street Laundry.