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Richmond's Suburban Landscape: Unveiling the Top-Ranked Neighborhoods by Floor Space Ratio 0.2
The maximum amount of floor space allowed on a property relative to its land size. A high value indicates a more densely populated area with taller buildings and potentially higher property values.The Area in: Floor space ratio: 0.2 ranking can be a valuable resource for property investors and those looking to move to a new suburb. A low floor space ratio indicates that the suburb has a lower density of buildings, which can translate to a more spacious and less crowded living environment. This can be particularly appealing to families with children or those who value a quieter and more relaxed lifestyle. Additionally, a lower floor space ratio may also indicate that the suburb has more green spaces and parks, which can contribute to a higher quality of life and better overall health outcomes. For property investors, a low floor space ratio may indicate that there is potential for future development or renovation opportunities, as there may be more available land to work with. Overall, the Area in: Floor space ratio: 0.2 ranking can provide valuable insights into the livability and investment potential of different suburbs. Data from 2023
| Area | Value |
|---|---|
| 1. Byron Bay | 0.6 sq km |
| 2. Suffolk Park | 0.2 sq km |
| 3. New Brighton | 0.0 sq km |
| 4. Broken Head | 0.0 sq km |
| 5. Mullumbimby | 0.0 sq km |
| 6. Brunswick Heads | 0.0 sq km |
| 7. Ocean Shores | 0.0 sq km |
