BUILDING APPROVALS
In March quarter 2009, there were 10,018 new dwelling units approved in Victoria, of which 78.0% were in the Melbourne Major Statistical Region (MSR). There were 548 (5.8%) more dwelling unit approvals in Victoria than in the previous quarter, and 245 (2.5%) more than in March quarter 2008. The number of dwelling units approved in the Melbourne MSR increased by 7.7% compared with the previous quarter and 5.2% compared with March quarter 2008, while in the Balance of Victoria MSR there was a decrease of 0.6% over the previous quarter and 6.1% over March quarter 2008.
About a third (33.6%) of the dwelling unit approvals in the Melbourne MSR in March quarter 2009 were in three LGAs - Melbourne (1,124), Wyndham (869) and Casey (636). In the Balance of Victoria MSR, the LGAs with the highest number of dwelling units approved were Greater Geelong (277), Greater Bendigo (221) and Ballarat (210).
At current prices, the total value of building approvals in Victoria in March quarter 2009 was $4,152.1 million, an increase of $110.9 million (2.7%) over December quarter 2008, but a fall of $1,515.3 million (-26.7%) compared with March quarter 2008.
View underlying table as an Excel spreadsheet: 1367.2
Building Approvals, By Local Government Area (file size 39kB).
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