Cradle Coast RegionEconomic profile
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King Island Council area

Building approvals

The value of building approvals in King Island Council area was $7m in the 2016-17 Apr FYTD financial year.

This dataset shows the total assessed value of building approvals for construction in Cradle Coast Region by financial year in millions of dollars. The dataset is updated monthly to include the current financial year to date, and includes residential and non-residential building approvals separately. The percentage of the state total is shown.

Building approvals for an area can be highly variable over time, particularly in the non-residential sector. Construction may take several years from the date of approval. A high rate of building approvals can indicate a growth area with a construction-led economy. A low rate of building approvals may indicate a settled area with established infrastructure, or an area with little growth. Note that this dataset is not adjusted for inflation.

Value of total building approvals
Value of total building approvals NonResidential: $4,851 Residential: $1,780 NonResidential: $1,294 Residential: $3,715 NonResidential: $328 Residential: $2,265 NonResidential: $2,285 Residential: $1,358 NonResidential: $1,000 Residential: $680 NonResidential: $5,033 Residential: $1,580 NonResidential: $2,725 Residential: $1,608 NonResidential: $1,342 Residential: $2,471 NonResidential: $156 Residential: $1,505 NonResidential: $250 Residential: $884 NonResidential: $55 Residential: $1,142 NonResidential: $0 Residential: $1,107 NonResidential: $0 Residential: $732 NonResidential: $610 Residential: $961 NonResidential: $540 Residential: $938 NonResidential: $828 Residential: $609
Source: Australian Bureau of Statistics, Building Approvals, Australia, catalogue number 8731.0. Compiled and presented in economy.id by .id the population experts
Value of total building approvals
King Island Council areaTasmania
Financial yearResidential $('000)Non-residential $('000)Total $('000)Residential $('000)Non-residential $('000)Total $('000)King Island Council area as a % of Tasmania
2016-17 Apr FYTD1,7804,8516,631529,755409,003938,7580.71%
2015-163,7151,2945,009719,107557,0231,276,1300.39%
2014-152,2653282,593583,038685,0251,268,0630.20%
2013-141,3582,2853,643582,624682,8401,265,4640.29%
2012-136801,0001,680507,715427,389935,1040.18%
2011-121,5805,0336,612610,376424,1061,034,4810.64%
2010-111,6082,7254,333801,023454,6851,255,7090.35%
2009-102,4711,3423,813801,393753,1051,554,4980.25%
2008-091,5051561,661764,833500,9701,265,8030.13%
2007-088842501,134689,500502,6531,192,1530.10%
2006-071,142551,197635,198398,4941,033,6920.12%
2005-061,10701,107567,404283,224850,6280.13%
2004-057320732540,237320,134860,3710.09%
2003-049616101,571553,856187,018740,8750.21%
2002-039385401,478324,746201,475526,2210.28%
2001-026098281,436272,872168,115440,9870.33%

Source: Australian Bureau of Statistics, Building Approvals, Australia, catalogue number 8731.0. Compiled and presented in economy.id by .id The population experts

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