Far North Queensland Regional Organisation of CouncilsEconomic profile
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FNQROC

Building approvals

The value of building approvals in the FNQROC was $454m in the 2018-19 Mar FYTD financial year.

This dataset shows the total assessed value of building approvals for construction in FNQROC 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: $202,966 Residential: $250,882 NonResidential: $438,604 Residential: $609,368 NonResidential: $404,995 Residential: $419,662 NonResidential: $221,717 Residential: $427,470 NonResidential: $144,067 Residential: $365,222 NonResidential: $27,555 Residential: $53,225 NonResidential: $40,934 Residential: $63,084 NonResidential: $167,974 Residential: $386,304 NonResidential: $441,439 Residential: $306,788 NonResidential: $323,206 Residential: $445,460 NonResidential: $764,972 Residential: $399,601 NonResidential: $456,618 Residential: $757,016 NonResidential: $276,649 Residential: $826,609 NonResidential: $231,989 Residential: $453,646 NonResidential: $321,217 Residential: $574,588 NonResidential: $89,168 Residential: $384,016 NonResidential: $188,664 Residential: $285,148 NonResidential: $115,485 Residential: $195,685
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
FNQROCQueensland
Financial yearResidential $('000)Non-residential $('000)Total $('000)Residential $('000)Non-residential $('000)Total $('000)FNQROC as a % of Queensland
2018-19 Mar FYTD250,882202,966453,8488,944,0705,276,89114,220,9603.19%
2017-18609,368438,6041,047,97213,918,7377,379,72621,298,4634.92%
2016-17419,662404,995824,65714,004,9178,146,86022,151,7773.72%
2015-16427,470221,717649,18715,035,7867,333,21022,368,9962.90%
2014-15365,222144,067509,28910,618,0196,327,80816,945,8273.01%
2013-1453,22527,55580,78010,618,0196,327,80816,945,8270.48%
2012-1363,08440,934104,0188,339,3938,258,72716,598,1200.63%
2011-12386,304167,974554,2787,774,6145,441,43713,216,0514.19%
2010-11306,788441,439748,2278,105,8056,948,08815,053,8934.97%
2009-10445,460323,206768,6659,534,0328,503,78118,037,8134.26%
2008-09399,601764,9721,164,5738,915,1329,213,84418,128,9766.42%
2007-08757,016456,6181,213,63412,740,9648,185,96620,926,9305.80%
2006-07826,609276,6491,103,25810,517,6486,760,73717,278,3866.39%
2005-06453,646231,989685,6359,182,6136,144,39315,327,0064.47%
2004-05574,588321,217895,8059,023,3504,307,50113,330,8516.72%
2003-04384,01689,168473,1849,093,9573,249,28712,343,2443.83%
2002-03285,148188,664473,8127,334,4223,003,80310,338,2264.58%
2001-02195,685115,485311,1705,655,1762,471,0028,126,1783.83%

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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