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Willoughby City CouncilCommunity profile

Willoughby City

Residential building approvals

In Willoughby City there were 110 residential dwellings approved to be built in the financial year 2023-24 FYTD (January).

Willoughby City Council'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
Willoughby City CouncilNumberAnnual change
Year (ending June 30)HousesOtherTotalHousesOtherTotal
2023-24 FYTD (January)3773110------
2022-2371537608-6-14-20
2021-22775516280+354+354
2020-2177197274+12+141+153
2019-206556121-20-123-143
2018-1985179264-27+81+54
2017-1811298210+50+55+105
2016-176243105-17-404-421
2015-1679447526+8+206+214
2014-1571241312+18-349-331
2013-1453590643-7+479+472
2012-1360111171+33-284-251
2011-1227395422-20+368+348
2010-11472774+12-49-37
2009-103576111+7+49+56
2008-09282755+3-76-73
2007-0825103128-7+46+39
2006-073257890-93-93
2005-0632150182+6+81+87
2004-05266995-14-37-51
2003-0440106146-1-264-265
2002-0341370411+23+227+250
2001-0218143161------
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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