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Mornington Peninsula's Commercial Zone Proportions: A Ranking of Suburbs
The percentage of land zoned for commercial use. A high value indicates a greater availability of commercial services and employment opportunities, but may also lead to increased traffic and noise pollution.
The proportion of commercial zones data can be useful for property investors and those looking to move as it provides insights into the livability of a suburb. For instance, a high proportion of commercial zones may indicate a bustling and vibrant community with plenty of job opportunities and amenities. This could be attractive to young professionals or families looking for a convenient and lively neighborhood. On the other hand, a low proportion of commercial zones may suggest a quieter and more residential area, which could be appealing to retirees or those seeking a peaceful environment. Additionally, the data could also be useful for businesses looking to establish themselves in a particular suburb, as it provides an indication of the local market and potential customer base.
Data from 2022