Cradle Coast RegionEconomic profile
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Coastal Urban Economic Region

Building approvals

The value of building approvals in Coastal Urban Economic Region was $186m in the 2018-19 Jun FYTD financial year.

This dataset shows the total assessed value of building approvals for construction in Cradle Coast 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: $71,225 Residential: $114,645 NonResidential: $65,242 Residential: $128,678 NonResidential: $136,195 Residential: $115,661 NonResidential: $53,403 Residential: $116,814 NonResidential: $50,122 Residential: $117,600 NonResidential: $50,216 Residential: $103,577 NonResidential: $103,100 Residential: $88,907
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
Coastal Urban Economic RegionTasmania
Financial yearResidential $('000)Non-residential $('000)Total $('000)Residential $('000)Non-residential $('000)Total $('000)Coastal Urban Economic Region as a % of Tasmania
2018-19 Jun FYTD114,64571,225185,870993,805708,1811,701,98610.92%
2017-18128,67865,242193,921852,586676,2071,528,79312.68%
2016-17115,661136,195251,856680,121488,1071,168,22821.56%
2015-16116,81453,403170,218719,107557,0231,276,13013.34%
2014-15117,60050,122167,722583,038685,0251,268,06313.23%
2013-14103,57750,216153,793582,624682,8401,265,46412.15%
2012-1388,907103,100192,007507,715427,389935,10420.53%

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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