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SHOROC Region

Building approvals

The value of building approvals in the SHOROC Region was $844m in the 2016-17 Apr FYTD financial year.

This dataset shows the total assessed value of building approvals for construction in SHOROC 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: $230,437 Residential: $613,206 NonResidential: $481,488 Residential: $845,621 NonResidential: $839,366 Residential: $696,475 NonResidential: $79,912 Residential: $546,793 NonResidential: $86,354 Residential: $507,148 NonResidential: $104,010 Residential: $562,392 NonResidential: $160,573 Residential: $620,249 NonResidential: $264,486 Residential: $579,448 NonResidential: $85,326 Residential: $549,193 NonResidential: $290,642 Residential: $811,571 NonResidential: $151,784 Residential: $518,309 NonResidential: $147,206 Residential: $459,162 NonResidential: $178,004 Residential: $442,630 NonResidential: $118,377 Residential: $515,648 NonResidential: $115,181 Residential: $390,969 NonResidential: $130,499 Residential: $464,329
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
SHOROC RegionNew South Wales
Financial yearResidential $('000)Non-residential $('000)Total $('000)Residential $('000)Non-residential $('000)Total $('000)SHOROC Region as a % of New South Wales
2016-17 Apr FYTD613,206230,437843,64320,627,32311,133,81031,761,1332.66%
2015-16845,621481,4881,327,10924,507,07111,286,90935,793,9803.71%
2014-15696,475839,3661,535,84115,651,70312,000,97727,652,6805.55%
2013-14546,79379,912626,70515,651,70312,000,97727,652,6802.27%
2012-13507,14886,354593,50211,981,0137,883,81519,864,8292.99%
2011-12562,392104,010666,40210,757,6996,796,49917,554,1983.80%
2010-11620,249160,573780,82210,894,8646,777,25017,672,1134.42%
2009-10579,448264,486843,93410,185,41510,692,55520,877,9694.04%
2008-09549,19385,326634,5197,586,2806,945,49514,531,7754.37%
2007-08811,571290,6421,102,2129,289,6129,558,69218,848,3035.85%
2006-07518,309151,784670,0938,994,5787,944,81416,939,3933.96%
2005-06459,162147,206606,3678,709,3326,579,39115,288,7243.97%
2004-05442,630178,004620,6349,462,2076,380,76715,842,9753.92%
2003-04515,648118,377634,02510,500,4375,395,36715,895,8043.99%
2002-03390,969115,181506,1509,917,9265,831,99215,749,9193.21%
2001-02464,329130,499594,8289,003,5094,395,14013,398,6494.44%

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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