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Top Suburbs in Central Coast NSW: Unveiling the Best Neighborhoods Based on Impressive Floor Space Ratio of 0.725
The proportion of floor space allowed in relation to land size. A high value indicates a greater amount of floor space can be built on the land, potentially increasing property value and density.
The "Area in: Floor space ratio: 0.725" data can be useful for property investors and those looking to move as it provides an indication of the amount of floor space that can be built on a given area of land. This information can be used to assess the potential value of a property and its development potential. For example, a suburb with a high floor space ratio may be more attractive to property developers as it allows for greater density and potentially higher returns on investment. On the other hand, for those looking to move, a high floor space ratio may indicate a more crowded and less livable suburb, while a lower ratio may suggest a more spacious and desirable area. Overall, this data can provide valuable insights into the property market and help inform decision-making for a range of stakeholders.
Data from 2023