Queanbeyan-Palerang Regional Council area

Building approvals

The value of building approvals in Queanbeyan-Palerang Regional Council area was $163m in the 2023-2024 FYTD (December) financial year.

This dataset shows the total assessed value of building approvals for construction in Queanbeyan-Palerang Regional Council area 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.

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Value of total building approvals
Queanbeyan-Palerang Regional Council areaNSW
Financial yearResidential $('000') Non-residential $('000')Total $('000')Residential $('000')Non-residential $('000')Total $('000')Queanbeyan-Palerang Regional Council area as a % of NSW
2023-2024 FYTD (December)148,39214,338162,73012,378,1089,570,76321,948,8710.7%
2022-2023 296,678168,612465,29027,303,93320,522,11447,826,0471.0%
2021-22194,887163,117358,00425,879,75216,789,32342,669,0740.8%
2020-21102,17217,044119,21525,035,46520,164,38745,199,8520.3%
2019-2081,19394,297175,49118,818,41817,221,95536,040,3730.5%
2018-19158,46931,141189,61021,819,09516,849,39238,668,4870.5%
2017-18126,22666,724192,95026,688,32214,681,50241,369,8240.5%
2016-17159,51021,155180,66525,294,96514,322,68539,617,6490.5%
2015-16143,07322,888165,96124,507,07111,286,90935,793,9800.5%
2014-15143,74610,392154,13817,998,4248,538,78526,537,2100.6%
2013-1474,38819,25193,63915,651,70312,000,97727,652,6800.3%
2012-1353,30442,48595,78911,981,0137,883,81519,864,8290.5%
2011-1265,54022,17087,71110,757,6996,796,49917,554,1980.5%
2010-1170,26727,64397,91010,894,8646,777,25017,672,1130.6%
2009-1075,29143,361118,65210,185,41510,692,55520,877,9690.6%
2008-0949,07512,71761,7927,586,2806,945,49514,531,7750.4%
2007-0862,7179,65672,3739,289,6129,558,69218,848,3030.4%
2006-07114,797245,255360,0518,994,5787,944,81416,939,3932.1%
2005-0699,96939,247139,2168,709,3326,579,39115,288,7240.9%
2004-0587,7059,69097,3959,462,2076,380,76715,842,9750.6%
2003-0460,94313,89974,84110,500,4375,395,36715,895,8040.5%
2002-0365,97414,32980,3039,917,9265,831,99215,749,9190.5%
2001-0275,72514,91190,6369,003,5094,395,14013,398,6490.7%

Source: Australian Bureau of Statistics, Building Approvals, Australia, catalogue number 8731.0. Compiled and presented in economy.id by .id (informed decisions)

Please refer to specific data notes for more information

Queanbeyan-Palerang Regional Council

economic profile