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The value of building approvals in Hume City was $826m in the 2016-17 Feb FYTD financial year.

This dataset shows the total assessed value of building approvals for construction in Hume City 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 Non-residential: $252,353 Residential: $573,553 Non-residential: $398,271 Residential: $656,580 Non-residential: $167,154 Residential: $576,650 Non-residential: $957,237 Residential: $432,171 Non-residential: $378,515 Residential: $443,060 Non-residential: $422,289 Residential: $371,701 Non-residential: $342,009 Residential: $376,988 Non-residential: $265,906 Residential: $421,144 Non-residential: $353,651 Residential: $275,745 Non-residential: $487,092 Residential: $284,833 Non-residential: $334,212 Residential: $249,382 Non-residential: $409,424 Residential: $253,339 Non-residential: $133,270 Residential: $296,488 Non-residential: $231,550 Residential: $366,529 Non-residential: $204,062 Residential: $297,083 Non-residential: $166,470 Residential: $297,194
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
Hume CityVictoria
Financial yearResidential $('000)Non-residential $('000)Total $('000)Residential $('000)Non-residential $('000)Total $('000)Hume City as a % of Victoria
2016-17 Feb FYTD573,553252,353825,90615,607,8337,850,60223,458,4363.52%
2015-16656,580398,2711,054,85222,241,5159,115,54931,357,0643.36%
2014-15576,650167,154743,80516,853,3908,897,32425,750,7142.89%
2013-14432,171957,2371,389,40816,853,3908,897,32425,750,7145.40%
2012-13443,060378,515821,57414,454,6088,283,30222,737,9093.61%
2011-12371,701422,289793,99014,757,4898,405,49523,162,9833.43%
2010-11376,988342,009718,99716,817,3257,481,26124,298,5862.96%
2009-10421,144265,906687,05015,094,0908,928,23624,022,3262.86%
2008-09275,745353,651629,39611,459,0707,319,00318,778,0733.35%
2007-08284,833487,092771,92511,703,0039,793,83421,496,8373.59%
2006-07249,382334,212583,5959,959,6657,870,29117,829,9563.27%
2005-06253,339409,424662,7638,928,5606,979,72715,908,2874.17%
2004-05296,488133,270429,7589,706,1675,044,03814,750,2052.91%
2003-04366,529231,550598,08010,140,4114,871,90715,012,3183.98%
2002-03297,083204,062501,1449,890,7825,037,61914,928,4013.36%
2001-02297,194166,470463,6649,009,6824,525,54613,535,2283.43%

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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