City of MonashEconomic profile
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This page has been updated with 2016-17 NIEIR-ID economic model data

You may notice some changes to current and past data. Learn more about these changes.

In the City of Monash, Rental, Hiring and Real Estate Services had the highest local sales, generating $3,091 million in 2016/17.

Local sales by industry measures the output of local industries that is sold locally. This includes sales to local consumers, businesses and other organisations.

To get the full picture how each industry sector contributes to the regional or state economy, local sales data should be viewed alongside the other industry characteristics in the Industry sector analysis section.

Detailed notes about how the figures are derived can be found in the specific topic notes section.

National Economics (NIEIR) - Modelled series

Did you know? By clicking/tapping on a data row in the table you will be able to see sub categories.
Local sales by industry sector
City of Monash - Constant prices2016/172011/12Change
Industry
(Click rows to view sub-categories)
$m%Victoria%$m%Victoria%2011/12 to 2016/17
Agriculture, Forestry and Fishing113.20.62.838.50.22.1+74.7
Mining8.50.00.459.50.30.5-51.0
Manufacturing1,663.68.47.01,893.111.18.9-229.5
Electricity, Gas, Water and Waste Services532.72.72.7494.22.93.5+38.5
Construction3,023.015.318.42,125.112.417.6+897.8
Wholesale Trade1,077.15.54.4932.15.54.4+145.0
Retail Trade884.64.54.9935.65.55.1-50.9
Accommodation and Food Services372.11.92.5353.12.12.5+19.0
Transport, Postal and Warehousing1,012.75.14.4900.15.34.9+112.6
Information Media and Telecommunications789.54.03.2724.84.23.0+64.7
Financial and Insurance Services1,532.37.86.61,349.67.96.5+182.6
Rental, Hiring and Real Estate Services3,091.315.715.32,401.714.113.8+689.5
Professional, Scientific and Technical Services1,999.710.18.21,519.68.97.3+480.1
Administrative and Support Services763.23.93.5659.63.93.5+103.6
Public Administration and Safety557.32.83.6541.93.23.8+15.4
Education and Training736.83.73.3603.53.53.7+133.2
Health Care and Social Assistance1,008.65.15.4823.94.85.0+184.8
Arts and Recreation Services241.71.21.1199.81.21.2+41.8
Other Services328.41.72.1518.63.02.5-190.2

Source: National Institute of Economic and Industry Research (NIEIR) ©2016. Compiled and presented in economy.id by .id , the population experts.

Data are based on a 2015-16 price base for all years. NIEIR-ID data are inflation adjusted each year to allow direct comparison, and annual data releases adjust previous years’ figures to a new base year.Learn more

Local sales by industry sector 2016/17
Local sales by industry sector 2016/17 Agriculture, Forestry and Fishing, Victoria: 2.8% Mining, Victoria: 0.4% Manufacturing, Victoria: 7.0% Electricity, Gas, Water and Waste Services, Victoria: 2.7% Construction, Victoria: 18.4% Wholesale Trade, Victoria: 4.4% Retail Trade, Victoria: 4.9% Accommodation and Food Services, Victoria: 2.5% Transport, Postal and Warehousing, Victoria: 4.4% Information Media and Telecommunications, Victoria: 3.2% Financial and Insurance Services, Victoria: 6.6% Rental, Hiring and Real Estate Services, Victoria: 15.3% Professional, Scientific and Technical Services, Victoria: 8.2% Administrative and Support Services, Victoria: 3.5% Public Administration and Safety, Victoria: 3.6% Education and Training, Victoria: 3.3% Health Care and Social Assistance, Victoria: 5.4% Arts and Recreation Services, Victoria: 1.1% Other Services, Victoria: 2.1% Agriculture, Forestry and Fishing, City of Monash: 0.6% Mining, City of Monash: 0.0% Manufacturing, City of Monash: 8.4% Electricity, Gas, Water and Waste Services, City of Monash: 2.7% Construction, City of Monash: 15.3% Wholesale Trade, City of Monash: 5.5% Retail Trade, City of Monash: 4.5% Accommodation and Food Services, City of Monash: 1.9% Transport, Postal and Warehousing, City of Monash: 5.1% Information Media and Telecommunications, City of Monash: 4.0% Financial and Insurance Services, City of Monash: 7.8% Rental, Hiring and Real Estate Services, City of Monash: 15.7% Professional, Scientific and Technical Services, City of Monash: 10.1% Administrative and Support Services, City of Monash: 3.9% Public Administration and Safety, City of Monash: 2.8% Education and Training, City of Monash: 3.7% Health Care and Social Assistance, City of Monash: 5.1% Arts and Recreation Services, City of Monash: 1.2% Other Services, City of Monash: 1.7%
Source: National Institute of Economic and Industry Research (NIEIR) ©2016
Compiled and presented in economy.id by .id the population experts
Change in local sales by industry sector, 2011/12 to 2016/17
Change in local sales by industry sector, 2011/12 to 2016/17 Agriculture, Forestry and Fishing, City of Monash: +$74.7 million Mining, City of Monash: -$51.0 million Manufacturing, City of Monash: -$229.5 million Electricity, Gas, Water and Waste Services, City of Monash: +$38.5 million Construction, City of Monash: +$897.8 million Wholesale Trade, City of Monash: +$145.0 million Retail Trade, City of Monash: -$50.9 million Accommodation and Food Services, City of Monash: +$19.0 million Transport, Postal and Warehousing, City of Monash: +$112.6 million Information Media and Telecommunications, City of Monash: +$64.7 million Financial and Insurance Services, City of Monash: +$182.6 million Rental, Hiring and Real Estate Services, City of Monash: +$689.5 million Professional, Scientific and Technical Services, City of Monash: +$480.1 million Administrative and Support Services, City of Monash: +$103.6 million Public Administration and Safety, City of Monash: +$15.4 million Education and Training, City of Monash: +$133.2 million Health Care and Social Assistance, City of Monash: +$184.8 million Arts and Recreation Services, City of Monash: +$41.8 million Other Services, City of Monash: -$190.2 million
Source: National Institute of Economic and Industry Research (NIEIR) ©2016
Compiled and presented in economy.id by .id the population experts

Dominant groups

An analysis of the local sales by industry sectors in City of Monash in 2016/17 shows the three largest industries were:

  • Rental, Hiring and Real Estate Services (3,091 people or 15.7%)
  • Construction (3,023 people or 15.3%)
  • Professional, Scientific and Technical Services (2,000 people or 10.1%)

In combination these three industries accounted for $8,114 million in total or 41.1% of the total local sales by total industry in the City of Monash.

In comparison, the same 3 industries in Victoria accounted for 15.3% in Rental, Hiring and Real Estate Services; 18.4% in Construction; and 8.2% in Professional, Scientific and Technical Services.

The major differences between local sales by industries in the City of Monash and Victoria were:

  • A larger percentage of local sales by Professional, Scientific and Technical Services (10.1% compared to 8.2%)
  • A larger percentage of local sales by Manufacturing (8.4% compared to 7.0%)
  • A smaller percentage of local sales by Construction (15.3% compared to 18.4%)
  • A smaller percentage of local sales by Agriculture, Forestry and Fishing (0.6% compared to 2.8%)

Emerging groups

The total local sales by industry in the City of Monash increased by $2,661.9 million between 2011/12 and 2016/17.

The largest changes in the local sales by industries between 2011/12 and 2016/17 in the City of Monash were for:

  • Construction (+$898 million)
  • Rental, Hiring and Real Estate Services (+$690 million)
  • Professional, Scientific and Technical Services (+$480 million)
  • Manufacturing (-$229 million)

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