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Perth South West Metropolitan AllianceCommunity profile

Perth South West

Residential building approvals

In Perth South West there were 2,196 residential dwellings approved to be built in the financial year 2023-24 FYTD (February).

The Perth South West Metropolitan Alliance'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
Perth South West Metropolitan AllianceNumberAnnual change
Year (ending June 30)HousesOtherTotalHousesOtherTotal
2023-24 FYTD (February)1,9952012,196------
2022-232,3925502,942-505-386-891
2021-222,8979363,833-1,655+291-1,364
2020-214,5526455,197+2,300+81+2,381
2019-202,2525642,816-110+112+2
2018-192,3624522,814-343-868-1,211
2017-182,7051,3204,025-201+460+259
2016-172,9068603,766-526-613-1,139
2015-163,4321,4734,905-971+261-710
2014-154,4031,2125,615-151+184+33
2013-144,5541,0285,582-2,255-169-2,424
2012-136,8091,1978,006+4,068+589+4,657
2011-122,7416083,349-145-92-237
2010-112,8867003,586-414+147-267
2009-103,3005533,853+677+250+927
2008-092,6233032,926-117-306-423
2007-082,7406093,349-165+42-123
2006-072,9055673,472-1,140+56-1,084
2005-064,0455114,556+291+62+353
2004-053,7544494,203+78-166-88
2003-043,6766154,291+562+364+926
2002-033,1142513,365+201-55+146
2001-022,9133063,219------
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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