RDA Darling Downs and South West RegionEconomic profile
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South West RED Region

Building approvals

The value of building approvals in South West RED Region was $11m in the 2019-20 Aug FYTD financial year.

This dataset shows the total assessed value of building approvals for construction in RDA Darling Downs and South West 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: $8,124 Residential: $2,555 NonResidential: $18,281 Residential: $7,874 NonResidential: $100,609 Residential: $11,056 NonResidential: $10,589 Residential: $9,729 NonResidential: $27,772 Residential: $9,289 NonResidential: $15,512 Residential: $24,874 NonResidential: $27,717 Residential: $34,164 NonResidential: $60,709 Residential: $40,104
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
South West RED RegionQueensland
Financial yearResidential $('000)Non-residential $('000)Total $('000)Residential $('000)Non-residential $('000)Total $('000)South West RED Region as a % of Queensland
2019-20 Aug FYTD2,5558,12410,6792,029,8141,891,5983,921,4120.27%
2018-197,87418,28126,15511,863,6558,069,79719,933,4520.13%
2017-1811,056100,609111,66513,920,8577,409,74421,330,6020.52%
2016-179,72910,58920,31914,004,9178,146,86022,151,7770.09%
2015-169,28927,77237,06215,035,7867,333,21022,368,9960.17%
2014-1524,87415,51240,38710,618,0196,327,80816,945,8270.24%
2013-1434,16427,71761,88110,618,0196,327,80816,945,8270.37%
2012-1340,10460,709100,8148,339,3938,258,72716,598,1200.61%

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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