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Unlocking Central West NSW's Hidden Gems: Exploring the Average Floor Space Ratio of Suburbs
The average floor-space ratio across all sites. The floor space ratio is the ratio of a new building's total floor area in relation to the size of the site it is being built on.
The Average Floor Space Ratio data can be a valuable tool for property investors and those looking to move to a new suburb. This data provides insight into the average amount of floor space available per property in a particular suburb, which can be an important factor in determining the livability of an area. For example, families with children may prioritize suburbs with larger floor space ratios to accommodate their needs. Additionally, property investors may use this data to identify suburbs with high demand for larger properties, which could potentially lead to higher rental yields or property values. Overall, the Average Floor Space Ratio data can provide valuable insights into the livability and investment potential of different suburbs.
Data from 2023