Would it be good UX to have exploring on a left panel and property editing on the right panel?

I am working on the UX of a low-code development platform where I need to have an tree explorer and a properties panel for different items in both the explorer and the components in the middle section.

My thoughts are to go for a layout similar to Axure, Sketch and other such tools where the exploring panels would be on the left side while the property editing and configuration on the right side.

What do you think of this? Do you know of any research done on this paradigm?