Cradle Coast RegionEconomic profile
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Greater Burnie Economic Region

Building approvals

The value of building approvals in Greater Burnie Economic Region was $66m 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: $15,400 Residential: $50,178 NonResidential: $25,483 Residential: $59,650 NonResidential: $36,579 Residential: $55,684 NonResidential: $31,235 Residential: $62,214 NonResidential: $35,800 Residential: $50,232 NonResidential: $21,638 Residential: $51,995 NonResidential: $80,851 Residential: $53,221
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
Greater Burnie Economic RegionTasmania
Financial yearResidential $('000)Non-residential $('000)Total $('000)Residential $('000)Non-residential $('000)Total $('000)Greater Burnie Economic Region as a % of Tasmania
2018-19 Jun FYTD50,17815,40065,578993,805708,1811,701,9863.85%
2017-1859,65025,48385,133852,586676,2071,528,7935.57%
2016-1755,68436,57992,263680,121488,1071,168,2287.90%
2015-1662,21431,23593,449719,107557,0231,276,1307.32%
2014-1550,23235,80086,033583,038685,0251,268,0636.78%
2013-1451,99521,63873,634582,624682,8401,265,4645.82%
2012-1353,22180,851134,071507,715427,389935,10414.34%

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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