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)
South Burnett
Value of Construction
South Burnett Queensland
 
Value of Non-Residential Building Approvals
Level ($'000), Year to Sep Qtr 2012 18,669 5,449,934
Quarterly % change -4.7% +0.2%
Annual % change +158.2% -17.4%
5-year % change +48.4% -20.0%
5-year high 34,262 9,177,353
5-year low 6,534 5,441,436

Value of non-residential building approvals, annual growth

For more detailed information, please refer to South Burnett Regional Council's economic publication South Burnett Economic Brief here