It's probably better to consider what you hope to achieve out of your investment. Positively Geared Property is helpful if you're trying to build a sustainable income, whereas Negatively Geared Property is better if you're trying to make gains from capital growth in the long term.

Obviously this will depend a little on your individual position, but for myself I imagine it a bit like this.

To accumulate capital over the long term, negative gearing is a preferable option. But to generate income to help with lifestyle and living expenses, obviously positively geared investments are preferable.

Either way you'll hopefully make a profit.