Shire of NillumbikEconomic profile
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Nillumbik Shire

Building approvals

The value of building approvals in Nillumbik Shire was $23m in the 2017-18 Sep FYTD financial year.

This dataset shows the total assessed value of building approvals for construction in Nillumbik Shire 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: $500 Residential: $22,521 NonResidential: $40,927 Residential: $135,613 NonResidential: $17,549 Residential: $103,919 NonResidential: $23,309 Residential: $91,934 NonResidential: $35,324 Residential: $92,363 NonResidential: $9,750 Residential: $83,475 NonResidential: $26,020 Residential: $90,735 NonResidential: $30,882 Residential: $109,679 NonResidential: $48,464 Residential: $100,641 NonResidential: $23,232 Residential: $78,518 NonResidential: $9,142 Residential: $81,413 NonResidential: $21,900 Residential: $83,145 NonResidential: $17,499 Residential: $81,297 NonResidential: $8,671 Residential: $81,580 NonResidential: $11,803 Residential: $89,466 NonResidential: $19,337 Residential: $68,131 NonResidential: $14,430 Residential: $63,644
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
Nillumbik ShireVictoria
Financial yearResidential $('000)Non-residential $('000)Total $('000)Residential $('000)Non-residential $('000)Total $('000)Nillumbik Shire as a % of Victoria
2017-18 Sep FYTD22,52150023,0215,926,7294,487,77410,414,5030.22%
2016-17135,61340,927176,54022,907,09712,416,40835,323,5050.50%
2015-16103,91917,549121,46822,248,8259,138,81931,387,6440.39%
2014-1591,93423,309115,24316,853,3908,897,32425,750,7140.45%
2013-1492,36335,324127,68616,853,3908,897,32425,750,7140.50%
2012-1383,4759,75093,22514,454,6088,283,30222,737,9090.41%
2011-1290,73526,020116,75514,757,4898,405,49523,162,9830.50%
2010-11109,67930,882140,56116,817,3257,481,26124,298,5860.58%
2009-10100,64148,464149,10515,094,0908,928,23624,022,3260.62%
2008-0978,51823,232101,75011,459,0707,319,00318,778,0730.54%
2007-0881,4139,14290,55511,703,0039,793,83421,496,8370.42%
2006-0783,14521,900105,0459,959,6657,870,29117,829,9560.59%
2005-0681,29717,49998,7978,928,5606,979,72715,908,2870.62%
2004-0581,5808,67190,2519,706,1675,044,03814,750,2050.61%
2003-0489,46611,803101,26910,140,4114,871,90715,012,3180.67%
2002-0368,13119,33787,4699,890,7825,037,61914,928,4010.59%
2001-0263,64414,43078,0759,009,6824,525,54613,535,2280.58%

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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