National Growth Areas AllianceCommunity profile

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National Growth Areas Alliance (NGAA)

Residential building approvals

In the National Growth Areas Alliance (NGAA) there were 44,682 residential buildings approved to be built in the financial year 2012-13.

The National Growth Areas Alliance (NGAA)'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
National Growth Areas Alliance (NGAA)NumberAnnual change
Year (ending June 30)HousesOtherTotalHousesOtherTotal

Source: Australian Bureau of Statistics, Building Approvals, Australia (8731.0). Compiled and presented in by .id , the population experts

Residential building approvals
Residential building approvals 2012-13, Other dwelling approvals: 7,461 2012-13, House approvals: 37,221 2011-12, Other dwelling approvals: 3,815 2011-12, House approvals: 25,116 2010-11, Other dwelling approvals: 4,833 2010-11, House approvals: 30,290 2009-10, Other dwelling approvals: 5,552 2009-10, House approvals: 33,766 2008-09, Other dwelling approvals: 3,181 2008-09, House approvals: 25,315 2007-08, Other dwelling approvals: 4,263 2007-08, House approvals: 24,946 2006-07, Other dwelling approvals: 4,240 2006-07, House approvals: 23,893 2005-06, Other dwelling approvals: 2,545 2005-06, House approvals: 24,018 2004-05, Other dwelling approvals: 2,604 2004-05, House approvals: 22,540 2003-04, Other dwelling approvals: 3,288 2003-04, House approvals: 25,164 2002-03, Other dwelling approvals: 2,532 2002-03, House approvals: 24,519
Source: Australian Bureau of Statistics, Building Approvals, Australia (8731.0). Compiled and presented by .id, the population experts.