BUILDING APPROVALS
In the Northern Territory (NT), total new residential building approvals increased by 12% from 1300 approvals in 2005-06 to 1454 approvals in 2006-07. This increase shows similar levels of growth between approvals of new houses and new other residential building types. New house approvals in the NT rose by 12%, from 677 to 761 approvals, and new other residential dwelling approvals rose by 11% from 623 to 693 approvals.
In the NT, the value of new residential building approvals increased by 25% from $330 million in 2005-06 to $411 million in 2006-07. The average value of new house building approvals across the NT was $278 680, and $286 980 for other residential building types.
Most new house building approvals occurred in Statistical Subdivisions (SSDs) adjoining Darwin City. More houses were approved for building in Palmerston-East Arm (356) than any other region, with an average value of $277 170 per new house building approval. The next highest number of new house approvals occurred in Litchfield Shire (130), with an average value of $246 900. The third highest number of new house building approvals occured in Darwin City (84), with an average value of $348 880, followed by Central NT (77) with an average value of $271 430.
A higher proportion of new other residential building approvals were observed in areas with high population density. Darwin City had the highest number of new other residential building approvals. There were nearly six times the number of new other residential building approvals (493) compared to houses (84), reflecting limitations in land availability. The average value of new other residential building approvals in Darwin City was $342 000. The number of approvals of new other residential buildings was also relatively high in Palmerston-East Arm (171) with an average value of $145 390.
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