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Frankston City

Residential building approvals

In the Frankston City there were 222 residential buildings approved to be built in the financial year 2016-17 FYTD.

The Frankston City'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
Frankston CityNumberAnnual change
Year (ending June 30)HousesOtherTotalHousesOtherTotal
2016-17 FYTD72150222-217-96-313
2015-16289246535-57+106+49
2014-15346140486-68-50-118
2013-14414190604-132-89-221
2012-13546279825+22+143+165
2011-12524136660-446-130-576
2010-119702661,236+243+26+269
2009-10727240967+298+83+381
2008-09429157586-200-131-331
2007-08629288917-121+20-101
2006-077502681,018+34+26+60
2005-06716242958-97+32-65
2004-058132101,023-215+73-142
2003-041,0281371,165+1-42-41
2002-031,0271791,206-55+92+37
2001-021,082871,169------

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 FYTD, Other dwelling approvals: 150 2016-17 FYTD, House approvals: 72 2015-16, Other dwelling approvals: 246 2015-16, House approvals: 289 2014-15, Other dwelling approvals: 140 2014-15, House approvals: 346 2013-14, Other dwelling approvals: 190 2013-14, House approvals: 414 2012-13, Other dwelling approvals: 279 2012-13, House approvals: 546 2011-12, Other dwelling approvals: 136 2011-12, House approvals: 524 2010-11, Other dwelling approvals: 266 2010-11, House approvals: 970 2009-10, Other dwelling approvals: 240 2009-10, House approvals: 727 2008-09, Other dwelling approvals: 157 2008-09, House approvals: 429 2007-08, Other dwelling approvals: 288 2007-08, House approvals: 629 2006-07, Other dwelling approvals: 268 2006-07, House approvals: 750 2005-06, Other dwelling approvals: 242 2005-06, House approvals: 716 2004-05, Other dwelling approvals: 210 2004-05, House approvals: 813 2003-04, Other dwelling approvals: 137 2003-04, House approvals: 1,028 2002-03, Other dwelling approvals: 179 2002-03, House approvals: 1,027 2001-02, Other dwelling approvals: 87 2001-02, House approvals: 1,082
Source: Australian Bureau of Statistics, Building Approvals, Australia (8731.0). Compiled and presented by .id, the population experts.