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Top Residential Zones in Mornington Peninsula: Unveiling the Best Suburbs for Your Dream Home
The total land area, measured in square kilometres. which is zoned as residential zones. which refers to those areas of land which are predominantly taken up by housing, and incorporates a wide spectrum of low-density and high-density dwellings.
The "Area in Residential Zones" data can be extremely useful for property investors and those looking to move to a new suburb. This data provides insights into the livability of a suburb, as it indicates the amount of land that is dedicated to residential use. For property investors, this data can help them identify suburbs that have a high demand for housing, which can lead to higher rental yields and capital growth. For those looking to move, this data can help them identify suburbs that have a good balance of residential and commercial areas, which can provide easy access to amenities such as shops, schools, and parks. Additionally, suburbs with a high proportion of residential land are likely to have a quieter and more peaceful atmosphere, which can be appealing to families and retirees.
Data from 2022