.png)
Compare For
Similar Fields
Premium access required for this page.
Please explore our plans
Richmond'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: 0.925 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 for development and the value of properties in a particular suburb. For example, a high floor space ratio may indicate that there is potential for high-density development, which could be attractive to investors looking to maximize their returns. On the other hand, a low floor space ratio may indicate that the suburb is more suited to low-density housing, which could be more attractive to families or those looking for a quieter, more spacious lifestyle. Additionally, the data can also be used to assess the livability of a suburb, as a high floor space ratio may indicate that there is less open space and greenery, which could impact the quality of life for residents. Data from 2023
| Area | Value |
|---|---|
| 1. Byron Bay | 0.6 sq km |
