Building activity, as measured by the number of dwelling unit approvals, is often used as one of the main indicators of the economic health of the state.
In 2003-04 there were 3,141 dwelling units approved in Tasmania. This was an increase of 65.9% on the 1999-2000 figure of 1,893. Of the dwelling units approved in 2003-04, some 2,687 (85.5%) were new houses, 387 (12.3%) were new residential buildings other than houses, and 67 (2.1%) were other dwelling units.
DWELLING UNIT APPROVALS, Tasmania |
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| 1999-2000 | 2000-01 | 2001-02 | 2002-03 | 2003-04 |
| | | | | |
| no. | no. | no. | no. | no. |
|
New houses | 1,608 | 1,108 | 1,879 | 1,964 | 2,687 |
New other residential buildings(a) | 230 | 80 | 141 | 164 | 387 |
Other dwelling units created (conversions etc.)(b) | 55 | 10 | 13 | 17 | 67 |
Total dwelling units | 1,893 | 1,198 | 2,033 | 2,145 | 3,141 |
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(a) New individual dwelling units (e.g. flats, home units and villa units).
(b) From alterations and additions to residential building, new or alteration work on non-residential building or conversion of non-residential building to residential building.
Source: Building Approvals, Australia - Time Series Spreadsheet (cat. no. 8731.0, table 10F). |