City of MonashEconomic profile
Skip to content

City of Monash

Building approvals

The value of building approvals in the City of Monash was $1,325m in the 2016-17 Apr FYTD financial year.

This dataset shows the total assessed value of building approvals for construction in City of Monash 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: $831,017 Residential: $493,511 NonResidential: $407,417 Residential: $596,789 NonResidential: $667,906 Residential: $615,025 NonResidential: $223,627 Residential: $425,962 NonResidential: $361,811 Residential: $381,470 NonResidential: $214,514 Residential: $344,664 NonResidential: $369,993 Residential: $451,194 NonResidential: $249,690 Residential: $365,113 NonResidential: $263,820 Residential: $230,911 NonResidential: $270,038 Residential: $286,051 NonResidential: $277,082 Residential: $235,167 NonResidential: $240,147 Residential: $198,125 NonResidential: $261,159 Residential: $213,220 NonResidential: $256,570 Residential: $231,088 NonResidential: $132,044 Residential: $175,548 NonResidential: $161,525 Residential: $170,217
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
City of MonashVictoria
Financial yearResidential $('000)Non-residential $('000)Total $('000)Residential $('000)Non-residential $('000)Total $('000)City of Monash as a % of Victoria
2016-17 Apr FYTD493,511831,0171,324,52819,169,8879,728,13328,898,0194.58%
2015-16596,789407,4171,004,20622,248,8259,138,81931,387,6443.20%
2014-15615,025667,9061,282,93116,853,3908,897,32425,750,7144.98%
2013-14425,962223,627649,58916,853,3908,897,32425,750,7142.52%
2012-13381,470361,811743,28014,454,6088,283,30222,737,9093.27%
2011-12344,664214,514559,17914,757,4898,405,49523,162,9832.41%
2010-11451,194369,993821,18816,817,3257,481,26124,298,5863.38%
2009-10365,113249,690614,80315,094,0908,928,23624,022,3262.56%
2008-09230,911263,820494,73111,459,0707,319,00318,778,0732.63%
2007-08286,051270,038556,08911,703,0039,793,83421,496,8372.59%
2006-07235,167277,082512,2499,959,6657,870,29117,829,9562.87%
2005-06198,125240,147438,2728,928,5606,979,72715,908,2872.76%
2004-05213,220261,159474,3789,706,1675,044,03814,750,2053.22%
2003-04231,088256,570487,65810,140,4114,871,90715,012,3183.25%
2002-03175,548132,044307,5939,890,7825,037,61914,928,4012.06%
2001-02170,217161,525331,7429,009,6824,525,54613,535,2282.45%

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

v17.09.14-1.0.1