Before making a first investment purchase, be clear about your objective: are you prioritising rental income, long-term appreciation, or a mix of both? This affects everything from the type of property to the location you should be considering.
Residential properties near established or emerging employment hubs tend to attract steadier rental demand, while commercial spaces can offer different yield and risk profiles depending on the tenant category and lease structure.
Whatever you choose, avoid treating any single property as a guaranteed outcome. Real estate, like any asset class, carries risk, and thorough due diligence on the specific property matters more than general market sentiment.