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City of PerthCommunity profile

City of Perth

Residential building approvals

In the City of Perth there were 24 residential dwellings approved to be built in the financial year 2023-24 FYTD (February).

The City of Perth'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 PerthNumberAnnual change
Year (ending June 30)HousesOtherTotalHousesOtherTotal
2023-24 FYTD (February)02424------
2022-2301121120+72+72
2021-2204040-1-393-394
2020-211433434-1-65-66
2019-2024985000+419+419
2018-1927981-4-646-650
2017-186725731+6-216-210
2016-170941941-2+788+786
2015-162153155+1-414-413
2014-151567568+1+196+197
2011-121272273+1+143+144
2010-110129129-4-385-389
2009-104514518+2+208+210
2008-092306308+1-1,681-1,680
2007-0811,9871,988-7+1,072+1,065
2006-078915923-1+238+237
2005-069677686-4-163-167
2004-0513840853+9+479+488
2003-044361365-23-148-171
2002-03275095360+206+206
2001-0227303330------
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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