Northern Tasmania RegionEconomic profile
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Northern Tasmania Region

Building approvals

The value of building approvals in the Northern Tasmania Region was $119m in the 2018-19 Oct FYTD financial year.

This dataset shows the total assessed value of building approvals for construction in Northern Tasmania 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: $40,646 Residential: $77,863 NonResidential: $116,967 Residential: $190,674 NonResidential: $63,088 Residential: $158,864 NonResidential: $120,846 Residential: $200,805 NonResidential: $99,349 Residential: $206,314 NonResidential: $93,713 Residential: $158,576 NonResidential: $115,514 Residential: $127,806 NonResidential: $62,509 Residential: $170,876 NonResidential: $170,980 Residential: $192,287 NonResidential: $206,554 Residential: $203,852 NonResidential: $113,037 Residential: $183,996 NonResidential: $161,501 Residential: $177,038 NonResidential: $89,530 Residential: $154,557 NonResidential: $87,130 Residential: $136,811 NonResidential: $78,516 Residential: $153,581 NonResidential: $62,867 Residential: $127,017 NonResidential: $53,625 Residential: $85,014 NonResidential: $42,293 Residential: $79,427
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
Northern Tasmania RegionTasmania
Financial yearResidential $('000)Non-residential $('000)Total $('000)Residential $('000)Non-residential $('000)Total $('000)Northern Tasmania Region as a % of Tasmania
2018-19 Oct FYTD77,86340,646118,509329,007294,782623,78919.00%
2017-18190,674116,967307,642851,579673,3111,524,89020.17%
2016-17158,86463,088221,952680,121488,1071,168,22819.00%
2015-16200,805120,846321,650719,107557,0231,276,13025.21%
2014-15206,31499,349305,662583,038685,0251,268,06324.10%
2013-14158,57693,713252,288582,624682,8401,265,46419.94%
2012-13127,806115,514243,320507,715427,389935,10426.02%
2011-12170,87662,509233,385610,376424,1061,034,48122.56%
2010-11192,287170,980363,267801,023454,6851,255,70928.93%
2009-10203,852206,554410,406801,393753,1051,554,49826.40%
2008-09183,996113,037297,033764,833500,9701,265,80323.47%
2007-08177,038161,501338,539689,500502,6531,192,15328.40%
2006-07154,55789,530244,087635,198398,4941,033,69223.61%
2005-06136,81187,130223,941567,404283,224850,62826.33%
2004-05153,58178,516232,097540,237320,134860,37126.98%
2003-04127,01762,867189,883553,856187,018740,87525.63%
2002-0385,01453,625138,639324,746201,475526,22126.35%
2001-0279,42742,293121,721272,872168,115440,98727.60%

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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