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City of Canada Bay CouncilCommunity profile

City of Canada Bay

Residential building approvals

In the City of Canada Bay there were 202 residential dwellings approved to be built in the financial year 2023-24 FYTD (January).

The City of Canada Bay Council's building approvals are used as a leading indicator of the general level of residential development, economic activity, employment and investment. Residential building activity depends on many factors that vary with the state of the economy including interest rates, availability of mortgage funds, government spending, and business investment.  Large financial changes or shocks, such as the Global Financial Crisis of 2008/09 can be observed in the data.  However, the number of building approvals can fluctuate substantially from year to year simply as a result of the short-term nature of many construction projects, and the cyclical nature of the industry.

Residential building approvals
City of Canada Bay CouncilNumberAnnual change
Year (ending June 30)HousesOtherTotalHousesOtherTotal
2023-24 FYTD (January)86116202------
2022-23108654762-9+483+474
2021-22117171288+5-27-22
2020-21112198310+25-323-298
2019-2087521608-18+235+217
2018-19105286391-4-458-462
2017-18109744853-6+323+317
2016-17115421536+17+319+336
2015-1698102200+39-157-118
2014-1559259318+1-43-42
2013-1458302360+16-987-971
2012-13421,2891,331-49+395+346
2011-1291894985+26+104+130
2010-1165790855-4-390-394
2009-10691,1801,249-13+730+717
2008-0982450532+18-844-826
2007-08641,2941,358-30+642+612
2006-0794652746+18+183+201
2005-0676469545-13-124-137
2004-0589593682-57-532-589
2003-041461,1251,271+44+200+244
2002-031029251,027+16+440+456
2001-0286485571------
Source: Australian Bureau of Statistics, Building Approvals, Australia (8731.0). Compiled and presented in profile.id by .id (informed decisions)
Please refer to specific data notes for more information

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