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Eastern Metropolitan Regional CouncilCommunity profile

City of Bayswater

Residential building approvals

In the City of Bayswater there were 1,280 residential dwellings approved to be built in the financial year 2023-24 FYTD (January).

The Eastern Metropolitan Regional 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
Eastern Metropolitan Regional CouncilNumberAnnual change
Year (ending June 30)HousesOtherTotalHousesOtherTotal
2023-24 FYTD (January)1,226541,280------
2022-231,835821,917-882-30-912
2021-222,7171122,829-1,289-32-1,321
2020-214,0061444,150+2,103+5+2,108
2019-201,9031392,042-54-312-366
2018-191,9574512,408-224+170-54
2017-182,1812812,462-161-111-272
2016-172,3423922,734-247-122-369
2015-162,5895143,103-895-318-1,213
2014-153,4848324,316+132+251+383
2013-143,3525813,933-1,866-1,073-2,939
2012-135,2181,6546,872+3,100+1,314+4,414
2011-122,1183402,458-246-49-295
2010-112,3643892,753-8-36-44
2009-102,3724252,797+363+58+421
2008-092,0093672,376-239-279-518
2007-082,2486462,894+68+113+181
2006-072,1805332,713-78+213+135
2005-062,2583202,578-114-137-251
2004-052,3724572,829-61-12-73
2003-042,4334692,902+238-11+227
2002-032,1954802,675-184+165-19
2001-022,3793152,694------
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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