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Illawarra's Top Suburbs Revealed: Ranking by Floor Space Ratio of 2.75
The amount of floor space allowed per unit of land. A high value indicates a higher density of buildings and potentially more urbanization in the area.
The proportion of floor space ratio (FSR) of 2.75 is a crucial piece of information for property investors and those looking to move to a new suburb. This data indicates the maximum amount of floor space that can be built on a given plot of land, relative to its size. A higher FSR means that more floor space can be built on a smaller plot of land, which can be attractive to property developers and investors. However, a high FSR can also lead to overcrowding and reduced livability in a suburb. Therefore, this data can be useful for those who prioritize livability and want to avoid overcrowded areas. For example, families with children may prefer suburbs with lower FSRs, as they offer more open space and a better quality of life. Similarly, retirees may prefer suburbs with lower FSRs, as they offer a quieter and more peaceful environment. Overall, the FSR data can help property investors and homebuyers make informed decisions about where to invest or live, based on their priorities and preferences.
Data from 2023