In the City of Stonnington, Rental, Hiring and Real Estate Services had the highest local sales, generating $4,535 million in 2018/19.
Local sales by industry measures the output of local industries that is sold locally. This includes sales to local consumers, businesses and other organisations.
To get the full picture how each industry sector contributes to the regional or state economy, local sales data should be viewed alongside the other industry characteristics in the Industry sector analysis section.
Detailed notes about how the figures are derived can be found in the specific topic notes section.
National Economics (NIEIR) - Modelled series
|Local sales by industry sector|
|City of Stonnington - Constant prices||2018/19||2004/05||Change|
|Industry||$m||%||Victoria||$m||%||Victoria||2004/05 - 2018/19|
|Agriculture, Forestry and Fishing||30.1||0.2||1.8||15.7||0.2||1.8||+14.4|
|Electricity, Gas, Water and Waste Services||115.5||0.8||3.1||189.1||1.8||4.0||-73.6|
|Accommodation and Food Services||349.1||2.4||2.5||412.6||4.0||2.8||-63.6|
|Transport, Postal and Warehousing||133.8||0.9||4.0||225.6||2.2||6.0||-91.8|
|Information Media and Telecommunications||452.1||3.1||3.1||302.6||2.9||2.0||+149.5|
|Financial and Insurance Services||867.2||6.0||6.6||769.2||7.4||5.3||+98.0|
|Rental, Hiring and Real Estate Services||4,535.5||31.3||14.3||3,348.8||32.4||15.6||+1,186.6|
|Professional, Scientific and Technical Services||1,216.4||8.4||8.2||745.6||7.2||6.0||+470.8|
|Administrative and Support Services||493.1||3.4||3.9||463.7||4.5||4.4||+29.4|
|Public Administration and Safety||260.0||1.8||3.4||204.4||2.0||3.6||+55.6|
|Education and Training||361.9||2.5||3.4||302.8||2.9||3.4||+59.1|
|Health Care and Social Assistance||1,020.1||7.0||6.2||361.0||3.5||3.7||+659.1|
|Arts and Recreation Services||169.8||1.2||1.2||71.4||0.7||1.1||+98.4|
Source: National Institute of Economic and Industry Research (NIEIR) ©2019. Compiled and presented in economy.id by .id the population experts NIEIR-ID data are adjusted each year, using updated employment estimates. .id the population experts. Data are based on a 2016-17 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 the City of Stonnington in 2018/19 shows the three largest industries were:
- Rental, Hiring and Real Estate Services ($4,535million or 31.3%)
- Construction ($2,965million or 20.4%)
- Professional, Scientific and Technical Services ($1,216million or 8.4%)
In combination these three industries accounted for $8,717 million in total or 60.1% of the total local sales by total industry in the the City of Stonnington.
In comparison, the same 3 industries in Victoria accounted for 14.3% in Rental, Hiring and Real Estate Services; 21.9% in Construction and 8.2% in Professional, Scientific and Technical Services.
The major differences between local sales by industries of the City of Stonnington and Victoria were:
- A larger percentage of local sales by Rental, Hiring and Real Estate Services (31.3% compared to 14.3%)
- A smaller percentage of local sales by Manufacturing (1.7% compared to 6.2%)
- A smaller percentage of local sales by Transport, Postal and Warehousing (0.9% compared to 4.0%)
- A smaller percentage of local sales by Electricity, Gas, Water and Waste Services (0.8% compared to 3.1%)
The total local sales by industry in the City of Stonnington $increased by 4,163 million between 2004/05 and 2018/19.
The largest changes in the local sales by industries between 2004/05 and 2018/19 in the City of Stonnington were for:
- Construction (+$1,431 million)
- Rental, Hiring and Real Estate Services (+$1,187 million)
- Health Care and Social Assistance (+$659 million)
- Professional, Scientific and Technical Services (+$471 million)