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South Gippsland Shire

Building approvals

The value of building approvals in South Gippsland Shire was $9m in the 2017-18 Aug FYTD financial year.

This dataset shows the total assessed value of building approvals for construction in South Gippsland 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: $965 Residential: $8,375 NonResidential: $17,983 Residential: $58,549 NonResidential: $13,591 Residential: $55,061 NonResidential: $17,081 Residential: $60,334 NonResidential: $14,229 Residential: $48,570 NonResidential: $34,437 Residential: $55,253 NonResidential: $38,209 Residential: $74,179 NonResidential: $12,894 Residential: $74,940 NonResidential: $41,815 Residential: $75,918 NonResidential: $15,139 Residential: $64,477 NonResidential: $25,038 Residential: $57,702 NonResidential: $13,432 Residential: $51,408 NonResidential: $15,013 Residential: $55,491 NonResidential: $11,098 Residential: $54,771 NonResidential: $14,996 Residential: $53,160 NonResidential: $7,341 Residential: $43,601 NonResidential: $9,230 Residential: $34,789
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
South Gippsland ShireVictoria
Financial yearResidential $('000)Non-residential $('000)Total $('000)Residential $('000)Non-residential $('000)Total $('000)South Gippsland Shire as a % of Victoria
2017-18 Aug FYTD8,3759659,3404,015,1532,648,2946,663,4460.14%
2016-1758,54917,98376,53222,918,65712,364,47335,283,1300.22%
2015-1655,06113,59168,65122,248,8259,138,81931,387,6440.22%
2014-1560,33417,08177,41516,853,3908,897,32425,750,7140.30%
2013-1448,57014,22962,79916,853,3908,897,32425,750,7140.24%
2012-1355,25334,43789,68914,454,6088,283,30222,737,9090.39%
2011-1274,17938,209112,38814,757,4898,405,49523,162,9830.49%
2010-1174,94012,89487,83316,817,3257,481,26124,298,5860.36%
2009-1075,91841,815117,73315,094,0908,928,23624,022,3260.49%
2008-0964,47715,13979,61611,459,0707,319,00318,778,0730.42%
2007-0857,70225,03882,74011,703,0039,793,83421,496,8370.38%
2006-0751,40813,43264,8409,959,6657,870,29117,829,9560.36%
2005-0655,49115,01370,5048,928,5606,979,72715,908,2870.44%
2004-0554,77111,09865,8699,706,1675,044,03814,750,2050.45%
2003-0453,16014,99668,15610,140,4114,871,90715,012,3180.45%
2002-0343,6017,34150,9439,890,7825,037,61914,928,4010.34%
2001-0234,7899,23044,0199,009,6824,525,54613,535,2280.33%

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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