Elevation

Elevation provides an indication of the steepness of the terrain in a suburb. A high elevation can inidcate a hilly suburb, while a low value can inidcate a flat suburb. A hillier property can be harder to develop, but a hillier suburb overall will often have greater amounts of green space due to development constraints. Elevation also contributes to the flooding risk (or lack thereof) in a suburb. In a suburb with a high hilliness index, there is often large fluctuations in housing prices, due to changes in the views and outlooks of different places. Resultantly in hilly suburbs, market segementation into high, medium and low segments is all the more important for understanding the market in the suburb.