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City of KnoxCommunity profile

Dandenong Foothills Policy Area

Residential building approvals

In Dandenong Foothills Policy Area there were 290 residential dwellings approved to be built in the financial year 2023-24 FYTD (January).

The City of Knox'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 KnoxNumberAnnual change
Year (ending June 30)HousesOtherTotalHousesOtherTotal
2023-24 FYTD (January)153137290------
2022-23270345615-11-151-162
2021-22281496777-61+49-12
2020-21342447789+58+67+125
2019-20284380664-71-113-184
2018-19355493848-144-36-180
2017-184995291,028-110+71-39
2016-176094581,067+129+28+157
2015-16480430910+56+102+158
2014-15424328752+84-255-171
2013-14340583923+56+253+309
2012-13284330614-108+66-42
2011-12392264656+98+42+140
2010-11294222516+16-160
2009-10278238516-150+153+3
2008-0942885513-5-48-53
2007-08433133566+79-115-36
2006-07354248602-153+119-34
2005-06507129636+283+128+411
2004-052241225+15-1+14
2003-042092211-69-121-190
2002-03278123401-320-69-389
2001-02598192790------
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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