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Richmond's Top Suburbs Revealed: Ranking by Floor Space Ratio Proportion
Floor space ratio: Proportion of building floor area to land area. A high value indicates a more densely built environment, while a low value indicates a more spacious environment.The proportion of floor space ratio (FSR) data can be a valuable tool for property investors and those looking to move to a new suburb. A high FSR indicates that the suburb has a higher density of buildings, which can be attractive to investors looking for opportunities to develop or purchase properties with potential for higher rental yields. However, a high FSR may also indicate a lack of open space and green areas, which may not be desirable for those seeking a more livable environment. On the other hand, a low FSR may indicate a more spacious and green suburb, which may be more attractive to families or those seeking a quieter lifestyle. Overall, the FSR data can provide valuable insights into the character and livability of a suburb, helping investors and homebuyers make informed decisions about where to invest or settle down. Data from 2023
| Area | Value |
|---|---|
| 1. Byron Bay | 14.0% |
