It's a good area, or was 20 years ago, we carried out plenty of improvements to the houses running down to grafton street, elswick, sandbeck, cockburn, malwood etc... don't know if you are planning to rent or buy but just be careful as every house has subsided somewhat, all the front door frames are between an inch and 2 inches out or plumb, its as if they are all falling towards the river, we used to have problems when we replaced the frames and put them in plumb as they looked terrible because the rest of the house was leaning over