Value of Construction

Definition: The value of non-residential buildings approved for construction, based on the estimated 'value of building work when completed' as reported on building approval documents provided to local councils or other building approval authorities. A non-residential building is primarily intended for purposes other than long-term residential purposes.

Series: 2001-present

Source: Australian Bureau of Statistics

Value of non-residential building approvals ($'000)
Lockyer Valley
Value of Construction
Lockyer Valley Queensland
 
Value of Non-Residential Building Approvals
Level ($'000), Year to Dec Qtr 2013 22,480 8,103,082
Quarterly % change -6.6% -1.4%
Annual % change +36.5% +43.5%
5-year % change -95.4% -9.4%
5-year high 501,141 8,940,413
5-year low 5,082 5,441,436

Value of non-residential building approvals, annual growth

For more detailed information, please refer to the Lockyer Valley Regional Council's economic publication Economic Brief here