BUILDING COMPLETIONS
The number of dwelling units completed has increased over the past three years with 2006-07 showing the largest annual increase of 24%. The corresponding value for new residential building completions for that year at $352.4 million was an even greater increase of 41%. The number of new dwelling units completed in the public sector has decreased every year from 268 in 2002-03 to less than half that number (101) in 2006-07.
The value of alterations and additions to residential buildings has increased over the five years to 2006-07 with the exception of 2003-04 when there was a slight decrease.
The value of non-residential building completions varied over the five years to 2006-07. The highest value of $270.3 million in 2005-06 included $166.9 million of public sector building and accounted for almost half of the total value of building completions for that year.
The value of all building completions has doubled from $342.0 million in 2002-03 to $683.8 million in 2006-07. The proportion of public sector buildings completed increased annually from 22% in 2002-03 to 37% in 2005-06 but dropped to just 20% in 2006-07 when there was a 56% increase in private sector new residential building completions.
Engineering Construction
In 2006-07, the private sector accounted for 98% of the total value of engineering construction in the Northern Territory (NT). Engineering construction in this sector increased in value between 2002-03 and 2005-06 by 41% from $1331.6 million to $1876.1 million. It then fell 8% to $1698.3 million between 2005-06 and 2006-07.
Value of all engineering construction: Northern Territory
- 2000-01 to 2006-07
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