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1384.6 - Statistics - Tasmania, 2006  
Previous ISSUE Released at 11:30 AM (CANBERRA TIME) 11/10/2005   
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Contents >> Housing and Construction >> Value of building approved

The value of building approved in 2003-04 was $740.7 million. This was $214.4 million (40.7%) more than in 2002-03 and $336.0 million (83.0%) more than in 1999-2000. Of the $740.7 million worth of building approved in Tasmania in 2003-04, residential accounted for $553.8 million (74.8%), and non-residential accounted for $187.1 million (25.2%).

The value of new houses approved in 2003-04 was $387.2 million, which was 69.9% of the value of residential buildings approved.

VALUE OF BUILDING APPROVED, Tasmania

1999-2000
2000-01
2001-02
2002-03
2003-04

$m
$m
$m
$m
$m

New houses
165.3
119.9
209.0
247.7
387.2
New other residential buildings
28.2
7.5
12.3
14.2
71.3
Alterations and additions creating dwellings
1.6
0.9
0.5
0.5
0.1
Alterations and additions not creating dwellings
44.3
42.1
51.1
62.1
86.4
Conversions(a)
4.8
0.3
0.2
0.2
9.1
Total residential building
244.0
170.6
272.9
324.7
553.8
Non-residential building(b)
160.7
152.4
168.2
201.5
187.1
Total building
404.7
323.2
441.0
526.3
740.7

(a) Building activity which converts a non-residential building to a residential building.
(b) Comprises non-residential building (new plus alterations and additions) valued at $50,000 and over.
Source: Building Approvals, Australia - Time Series Spreadsheet (cat. no. 8731.0, table 20F).


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