Cosidering to buy my first IP in Perth

Hi everyone,

I am looking to buy my first ever IP in Perth and hope to get some ideas here, thanks.

My thoughts about Perth current market;

1. Average property price is decreasing - good time buy
2. Rental market is flat - poor returns
3. Perth City apartments rental is struggling and price is flat due to over supply.
4. Outer suburbs which targeting the FHB is already around 500k mark.

Since I am new to the property market, I may have some silly questions to ask later.

Cosidering to buy my first IP in Perth