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Southern Highlands and Shoalhaven's Urban Landscape: Unpacking the Floor Space Ratio of 1.05 in Suburban Rankings
The maximum amount of floor space allowed on a property compared to its land size is 1.05. A high value indicates a property with a larger building or a smaller land size.
The "Area in: Floor space ratio: 1.05" 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, if a suburb has a high floor space ratio, it may be more attractive to property developers who are looking to build high-density housing. On the other hand, if a suburb has a low floor space ratio, it may be more attractive to those looking for larger properties with more outdoor space. Additionally, the data can also be used to assess the livability of a suburb, as a high floor space ratio may indicate a more crowded and less spacious environment, while a low floor space ratio may indicate a more spacious and livable environment.
Data from 2023