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Newcastle and Lake Macquarie's Top Suburbs: Unveiling the Data-driven Rankings Based on a 0.625 Floor Space Ratio
The total number of sites with a floor space ratio of 0.625. 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 data on the website "Sites with: Floor space ratio: 0.625" could be useful for property investors and those looking to move to a new suburb. The floor space ratio is an important factor to consider when investing in property or looking for a new home. A higher floor space ratio means that there is more potential for development and expansion, which could increase the value of the property in the future. On the other hand, a lower floor space ratio could mean that the suburb is more established and has a lower density, which could be more appealing for those looking for a quieter and more livable environment. For example, families with children may prefer suburbs with lower density and more green spaces, while young professionals may prefer suburbs with higher density and more amenities. Overall, the data on floor space ratio could provide valuable insights into the potential for growth and livability of different suburbs.
Data from 2023