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City of DarebinCommunity profile

City of Darebin

Residential building approvals

In the City of Darebin there were 746 residential dwellings approved to be built in the financial year 2023-24 FYTD (February).

The City of Darebin'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 DarebinNumberAnnual change
Year (ending June 30)HousesOtherTotalHousesOtherTotal
2023-24 FYTD (February)131615746------
2022-23164642806-24-342-366
2021-221889841,172+31+203+234
2020-21157781938-20-138-158
2019-201779191,096-63+224+161
2018-19240695935-9-174-183
2017-182498691,118+26-304-278
2016-172231,1731,396-119-184-303
2015-163421,3571,699+36-456-420
2014-153061,8132,119+15+956+971
2013-142918571,148+19-21-2
2012-132728781,150+43+211+254
2011-12229667896-89+19-70
2010-11318648966+43-180-137
2009-102758281,103-56+224+168
2008-09331604935-29+92+63
2007-08360512872+40+272+312
2006-07320240560-55-54-109
2005-06375294669-100-168-268
2004-05475462937+56+28+84
2003-04419434853+62+60+122
2002-03357374731+41+29+70
2001-02316345661------
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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