City of Port PhillipEconomic profile
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City of Port Phillip

Building approvals

The value of building approvals in City of Port Phillip was $715m in the 2018-19 Jun FYTD financial year.

This dataset shows the total assessed value of building approvals for construction in City of Port Phillip 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: $218,391 Residential: $496,947 NonResidential: $352,056 Residential: $638,037 NonResidential: $221,869 Residential: $479,123 NonResidential: $182,032 Residential: $831,097 NonResidential: $133,230 Residential: $319,432 NonResidential: $148,953 Residential: $510,194 NonResidential: $118,035 Residential: $216,935 NonResidential: $104,822 Residential: $480,200 NonResidential: $97,852 Residential: $602,612 NonResidential: $161,190 Residential: $316,448 NonResidential: $122,955 Residential: $216,994 NonResidential: $193,455 Residential: $303,829 NonResidential: $179,618 Residential: $339,075 NonResidential: $254,536 Residential: $235,863 NonResidential: $134,301 Residential: $251,853 NonResidential: $179,291 Residential: $381,128 NonResidential: $126,392 Residential: $542,197 NonResidential: $236,117 Residential: $186,979
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
City of Port PhillipVictoria
Financial yearResidential $('000)Non-residential $('000)Total $('000)Residential $('000)Non-residential $('000)Total $('000)City of Port Phillip as a % of Victoria
2018-19 Jun FYTD496,947218,391715,33823,631,54713,142,98136,774,5281.95%
2017-18638,037352,056990,09227,428,08215,039,41142,467,4922.33%
2016-17479,123221,869700,99122,975,35912,460,30635,435,6641.98%
2015-16831,097182,0321,013,12922,248,8259,138,81931,387,6443.23%
2014-15319,432133,230452,66216,853,3908,897,32425,750,7141.76%
2013-14510,194148,953659,14716,853,3908,897,32425,750,7142.56%
2012-13216,935118,035334,97014,454,6088,283,30222,737,9091.47%
2011-12480,200104,822585,02214,757,4898,405,49523,162,9832.53%
2010-11602,61297,852700,46416,817,3257,481,26124,298,5862.88%
2009-10316,448161,190477,63815,094,0908,928,23624,022,3261.99%
2008-09216,994122,955339,94911,459,0707,319,00318,778,0731.81%
2007-08303,829193,455497,28411,703,0039,793,83421,496,8372.31%
2006-07339,075179,618518,6929,959,6657,870,29117,829,9562.91%
2005-06235,863254,536490,4008,928,5606,979,72715,908,2873.08%
2004-05251,853134,301386,1549,706,1675,044,03814,750,2052.62%
2003-04381,128179,291560,41910,140,4114,871,90715,012,3183.73%
2002-03542,197126,392668,5899,890,7825,037,61914,928,4014.48%
2001-02186,979236,117423,0969,009,6824,525,54613,535,2283.13%

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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