City of Canterbury BankstownCommunity profile
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City of Canterbury Bankstown

Residential building approvals

In City of Canterbury Bankstown there were 1,914 residential buildings approved to be built in the financial year 2016-17 Feb FYTD.

City of Canterbury Bankstown'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 Canterbury BankstownNumberAnnual change
Year (ending June 30)HousesOtherTotalHousesOtherTotal
2016-17 Feb FYTD4451,4691,914------
2015-168782,9963,874+188+243+431
2014-156902,7533,443+31+712+743
2013-146592,0412,700+248+962+1,210
2012-134111,0791,490-67+293+226
2011-124787861,264+162+149+311
2010-11316637953+62-430-368
2009-102541,0671,321-32+633+601
2008-09286434720-39-46-85
2007-08325480805+77+37+114
2006-07248443691-13-296-309
2005-062617391,000-95-232-327
2004-053569711,327-86-419-505
2003-044421,3901,832+127+270+397
2002-033151,1201,435+14+109+123

Source: Australian Bureau of Statistics, Building Approvals, Australia (8731.0). Compiled and presented in profile.id by .id , the population experts

Residential building approvals
Residential building approvals 2016-17 Feb FYTD, Other dwelling approvals: 1,469 2016-17 Feb FYTD, House approvals: 445 2015-16, Other dwelling approvals: 2,996 2015-16, House approvals: 878 2014-15, Other dwelling approvals: 2,753 2014-15, House approvals: 690 2013-14, Other dwelling approvals: 2,041 2013-14, House approvals: 659 2012-13, Other dwelling approvals: 1,079 2012-13, House approvals: 411 2011-12, Other dwelling approvals: 786 2011-12, House approvals: 478 2010-11, Other dwelling approvals: 637 2010-11, House approvals: 316 2009-10, Other dwelling approvals: 1,067 2009-10, House approvals: 254 2008-09, Other dwelling approvals: 434 2008-09, House approvals: 286 2007-08, Other dwelling approvals: 480 2007-08, House approvals: 325 2006-07, Other dwelling approvals: 443 2006-07, House approvals: 248 2005-06, Other dwelling approvals: 739 2005-06, House approvals: 261 2004-05, Other dwelling approvals: 971 2004-05, House approvals: 356 2003-04, Other dwelling approvals: 1,390 2003-04, House approvals: 442 2002-03, Other dwelling approvals: 1,120 2002-03, House approvals: 315
Source: Australian Bureau of Statistics, Building Approvals, Australia (8731.0). Compiled and presented by .id, the population experts.
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