Colac Otway ShireCommunity profile
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Colac Otway Shire

Residential building approvals

In Colac Otway Shire there were 72 residential buildings approved to be built in the financial year 2016-17 Feb FYTD.

Colac Otway Shire'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
Colac Otway ShireNumberAnnual change
Year (ending June 30)HousesOtherTotalHousesOtherTotal
2016-17 Feb FYTD72072------
2015-1610310113+13+10+23
2014-1590090-170-17
2013-141070107+9-6+3
2012-13986104-10+3-7
2011-121083111-170-17
2010-111253128+13-24-11
2009-1011227139-35-38-73
2008-0914765212+9+54+63
2007-0813811149+29-10+19
2006-0710921130-20+9-11
2005-0612912141-24-27-51
2004-0515339192-39+28-11
2003-0419211203-12-13-25
2002-0320424228+12+8+20

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: 0 2016-17 Feb FYTD, House approvals: 72 2015-16, Other dwelling approvals: 10 2015-16, House approvals: 103 2014-15, Other dwelling approvals: 0 2014-15, House approvals: 90 2013-14, Other dwelling approvals: 0 2013-14, House approvals: 107 2012-13, Other dwelling approvals: 6 2012-13, House approvals: 98 2011-12, Other dwelling approvals: 3 2011-12, House approvals: 108 2010-11, Other dwelling approvals: 3 2010-11, House approvals: 125 2009-10, Other dwelling approvals: 27 2009-10, House approvals: 112 2008-09, Other dwelling approvals: 65 2008-09, House approvals: 147 2007-08, Other dwelling approvals: 11 2007-08, House approvals: 138 2006-07, Other dwelling approvals: 21 2006-07, House approvals: 109 2005-06, Other dwelling approvals: 12 2005-06, House approvals: 129 2004-05, Other dwelling approvals: 39 2004-05, House approvals: 153 2003-04, Other dwelling approvals: 11 2003-04, House approvals: 192 2002-03, Other dwelling approvals: 24 2002-03, House approvals: 204
Source: Australian Bureau of Statistics, Building Approvals, Australia (8731.0). Compiled and presented by .id, the population experts.
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