City of MonashEconomic profile

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City of Monash

Building approvals

The value of building approvals in the City of Monash was $681m in the 2016-17 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 Non-residential: $370,053 Residential: $310,551 Non-residential: $407,417 Residential: $596,789 Non-residential: $667,906 Residential: $615,025 Non-residential: $223,627 Residential: $425,962 Non-residential: $361,811 Residential: $381,470 Non-residential: $214,514 Residential: $344,664 Non-residential: $369,993 Residential: $451,194 Non-residential: $249,690 Residential: $365,113 Non-residential: $263,820 Residential: $230,911 Non-residential: $270,038 Residential: $286,051 Non-residential: $277,082 Residential: $235,167 Non-residential: $240,147 Residential: $198,125 Non-residential: $261,159 Residential: $213,220 Non-residential: $256,570 Residential: $231,088 Non-residential: $132,044 Residential: $175,548 Non-residential: $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 FYTD310,551370,053680,60411,854,6176,004,00917,858,6263.81%
2015-16596,789407,4171,004,20622,300,3349,075,05431,375,3883.20%
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

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