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Colac Otway Shire

Building approvals

The value of building approvals in Colac Otway Shire was $5m in the 2018-19 Jul FYTD financial year.

This dataset shows the total assessed value of building approvals for construction in Colac Otway 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: $1,274 Residential: $3,521 NonResidential: $32,922 Residential: $67,410 NonResidential: $36,539 Residential: $54,173 NonResidential: $20,196 Residential: $44,814 NonResidential: $14,514 Residential: $34,678 NonResidential: $36,216 Residential: $39,874 NonResidential: $11,347 Residential: $39,940 NonResidential: $21,300 Residential: $37,052 NonResidential: $12,730 Residential: $40,104 NonResidential: $32,536 Residential: $38,547 NonResidential: $16,152 Residential: $53,624 NonResidential: $14,641 Residential: $43,870 NonResidential: $20,468 Residential: $42,897 NonResidential: $16,740 Residential: $36,875 NonResidential: $19,161 Residential: $46,466 NonResidential: $14,763 Residential: $41,060 NonResidential: $7,977 Residential: $41,720 NonResidential: $14,261 Residential: $30,949
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
Colac Otway ShireVictoria
Financial yearResidential $('000)Non-residential $('000)Total $('000)Residential $('000)Non-residential $('000)Total $('000)Colac Otway Shire as a % of Victoria
2018-19 Jul FYTD3,5211,2744,7951,960,4971,344,9123,305,4090.15%
2017-1867,41032,922100,33227,428,12714,932,29542,360,4210.24%
2016-1754,17336,53990,71222,975,35912,460,30635,435,6640.26%
2015-1644,81420,19665,01022,248,8259,138,81931,387,6440.21%
2014-1534,67814,51449,19216,853,3908,897,32425,750,7140.19%
2013-1439,87436,21676,09016,853,3908,897,32425,750,7140.30%
2012-1339,94011,34751,28714,454,6088,283,30222,737,9090.23%
2011-1237,05221,30058,35214,757,4898,405,49523,162,9830.25%
2010-1140,10412,73052,83316,817,3257,481,26124,298,5860.22%
2009-1038,54732,53671,08215,094,0908,928,23624,022,3260.30%
2008-0953,62416,15269,77611,459,0707,319,00318,778,0730.37%
2007-0843,87014,64158,51111,703,0039,793,83421,496,8370.27%
2006-0742,89720,46863,3659,959,6657,870,29117,829,9560.36%
2005-0636,87516,74053,6158,928,5606,979,72715,908,2870.34%
2004-0546,46619,16165,6269,706,1675,044,03814,750,2050.44%
2003-0441,06014,76355,82310,140,4114,871,90715,012,3180.37%
2002-0341,7207,97749,6979,890,7825,037,61914,928,4010.33%
2001-0230,94914,26145,2109,009,6824,525,54613,535,2280.33%

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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