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City of MaroondahCommunity profile

Ringwood

Residential building approvals

In Ringwood there were 203 residential dwellings approved to be built in the financial year 2023-24 FYTD (January).

The City of Maroondah'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 MaroondahNumberAnnual change
Year (ending June 30)HousesOtherTotalHousesOtherTotal
2023-24 FYTD (January)10598203------
2022-23216459675-40+62+22
2021-22256397653+30+79+109
2020-21226318544+25-363-338
2019-20201681882-50+466+416
2018-19251215466-44-569-613
2017-182957841,079-27+552+525
2016-17322232554-61-207-268
2015-16383439822-53+29-24
2014-15436410846-117+183+66
2013-14553227780+183-22+161
2012-13370249619+23+105+128
2011-12347144491+43-34+9
2010-11304178482-71-131-202
2009-10375309684+137+210+347
2008-0923899337-61-46-107
2007-08299145444+24+56+80
2006-0727589364+49-38+11
2005-06226127353-101-43-144
2004-05327170497-10+46+36
2003-04337124461-116+40-76
2002-0345384537-95-75-170
2001-02548159707------
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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