Are there any particularly good pockets of Brighton (and areas to avoid)?

Is proximity to the bay and shopping centre (on Beaconsfield Terrace) more important than proximity to Sandgate and the parks in the south of Brighton?
We're from Sydney and looking at buying an investment property in Brighton, so would very much appreciate local advice.
Question asked via Homely.com.au The opinions expressed here are those of the individual and not those of Ray White.
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