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Latrobe's Top Non-Residential Building Hotspots: Million-Dollar Commercial Developments Galore!
The sum total dollar value of all buildings within the SA2 region which are not classified as residential (Eg: commercial, industrial), measured in millions of dollars.The Total non-residential building value data can be useful for property investors and those looking to move to a new suburb. For property investors, this data can provide insights into the potential for commercial development in a particular area, which could increase property values in the future. For those looking to move, this data can give an indication of the types of businesses and services available in the area, which could impact the livability of the suburb. For example, a suburb with a high non-residential building value may have more job opportunities and a wider range of amenities, such as shops, restaurants, and entertainment venues. This could make the suburb more attractive to potential residents who value convenience and a vibrant community. Data from 2023
| Area | Value |
|---|---|
| 1. Wonthaggi - Inverloch | $89,100m |
| 2. Bairnsdale | $55,600m |
| 3. Lakes Entrance | $34,500m |
| 4. Traralgon - West | $26,900m |
| 5. Morwell | $20,200m |
| 6. Moe - Newborough | $18,500m |
| 7. Trafalgar (Vic.) | $16,500m |
| 8. Drouin | $15,600m |
| 9. Traralgon - East | $14,600m |
| 10. Churchill | $14,000m |
|
11. |
$12,200m |
|
12. |
$11,900m |
|
13. |
$11,700m |
|
14. |
$10,200m |
|
15. |
$9,850m |
|
16. |
$9,420m |
|
17. |
$9,140m |
|
18. |
$6,370m |
|
19. |
$5,720m |
|
20. |
$4,890m |
|
21. |
$3,150m |
|
22. |
$2,680m |
|
23. |
$1,930m |
|
24. |
$1,540m |
|
25. |
$693m |
|
26. |
$0m |
|
27. |
$0m |
