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Central West NSW's Suburban Landscape: Unpacking the Floor Space Ratio and its Impact on Aggregate Data Rankings
The maximum amount of floor space allowed on a property compared 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: 0.775" data can be useful for property investors and those looking to move to a new suburb. For property investors, this data can help them identify suburbs with high potential for development and growth. A high floor space ratio indicates that there is potential for more buildings and higher density living, which can lead to increased demand for property in the area. For those looking to move, this data can help them identify suburbs with a higher livability score. A higher floor space ratio can indicate that there are more amenities and services available in the area, such as shops, restaurants, and public transport. This can make the suburb more attractive to potential residents who are looking for a convenient and comfortable lifestyle. Overall, the "Area in: Floor space ratio: 0.775" data can provide valuable insights for property investors and those looking to move to a new suburb.
Data from 2023