BUILDING APPROVALS
In June quarter 2010, there were 13,743 new dwelling units approved in Victoria, of which 75.8% were in the Melbourne MSR. There were 277 less dwelling unit approvals (-2.0%) in Victoria than in the previous quarter, but 2,837 (26.0%) more than in June quarter 2009. The number of dwelling units approved in the Melbourne MSR increased by 2.8% compared with the previous quarter and increased by 28.0% compared with June quarter 2009. In the Balance of Victoria MSR there was a decrease of 559 units (14.4%) from the previous quarter and an increase of 556 (20.0%) over the June quarter 2009.
More than one third (34.6%) of dwelling unit approvals in the Melbourne MSR over the June quarter 2010 were in three LGAs - Wyndham (1,430), Whittlesea (765), Casey (713) and Melton (692). In the Balance of Victoria MSR, the LGAs with the highest number of dwelling units approved were Greater Geelong (567), Ballarat (266) and Greater Bendigo (250).
Dwelling Unit Approvals, By Major Statistical Region
At current prices, the total value of building approvals in Victoria in June quarter 2010 was $4,855.0 million, a decrease of $524.1 million (-9.7%) since March quarter 2010, and also a decrease of $147.2 million (2.9%) compared with June quarter 2009.
Value of All Building Approvals, Current prices, By Major Statistical Region
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