City of Monash
In the City of Monash, Rental, Hiring and Real Estate Services had the highest local sales, generating $3,091 million in 2016/17.
Local sales by industry measures the output of local industries that is sold locally. This includes sales to local consumers, businesses and other organisations.
To get the full picture how each industry sector contributes to the regional or state economy, local sales data should be viewed alongside the other industry characteristics in the Industry sector analysis section.
Detailed notes about how the figures are derived can be found in the specific topic notes section.
National Economics (NIEIR) - Modelled series
|Local sales by industry sector|
|City of Monash - Constant prices||2016/17||2011/12||Change|
|Industry (Click rows to view sub-categories)||$m||%||Greater Melbourne%||$m||%||Greater Melbourne%||2011/12 to 2016/17|
|Agriculture, Forestry and Fishing||113.2||0.6||1.4||38.5||0.2||0.9||+74.7||23000||P|
|Electricity, Gas, Water and Waste Services||532.7||2.7||2.5||494.2||2.9||3.2||+38.5||23300||P|
|Accommodation and Food Services||372.1||1.9||2.5||353.1||2.1||2.5||+19.0||23700||P|
|Transport, Postal and Warehousing||1,012.7||5.1||4.5||900.1||5.3||5.1||+112.6||23800||P|
|Information Media and Telecommunications||789.5||4.0||3.5||724.8||4.2||3.3||+64.7||23900||P|
|Financial and Insurance Services||1,532.3||7.8||7.1||1,349.6||7.9||7.1||+182.6||24000||P|
|Rental, Hiring and Real Estate Services||3,091.3||15.7||16.7||2,401.7||14.1||15.1||+689.5||24100||P|
|Professional, Scientific and Technical Services||1,999.7||10.1||8.9||1,519.6||8.9||8.1||+480.1||24200||P|
|Administrative and Support Services||763.2||3.9||3.8||659.6||3.9||3.8||+103.6||24300||P|
|Public Administration and Safety||557.3||2.8||3.3||541.9||3.2||3.5||+15.4||24400||P|
|Education and Training||736.8||3.7||3.2||603.5||3.5||3.6||+133.2||24500||P|
|Health Care and Social Assistance||1,008.6||5.1||4.8||823.9||4.8||4.5||+184.8||24600||P|
|Arts and Recreation Services||241.7||1.2||1.1||199.8||1.2||1.2||+41.8||24700||P|
Source: National Institute of Economic and Industry Research (NIEIR) (opens a new window) ©2016. Compiled and presented in economy.id by .id (opens a new window), 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
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 Greater Melbourne accounted for 16.7% in Rental, Hiring and Real Estate Services; 18.5% in Construction; and 8.9% in Professional, Scientific and Technical Services.
The major differences between local sales by industries in the City of Monash and Greater Melbourne were:
- A larger percentage of local sales by Manufacturing (8.4% compared to 6.8%)
- A larger percentage of local sales by Professional, Scientific and Technical Services (10.1% compared to 8.9%)
- A smaller percentage of local sales by Construction (15.3% compared to 18.5%)
- A smaller percentage of local sales by Rental, Hiring and Real Estate Services (15.7% compared to 16.7%)
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)