Victoria Posts A Record Month In Building Permit Activity

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6th September 2010, 11:44am - Views: 540





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Media Release

From the Building Commissioner






  

6 September 2010

Victoria posts a record month in building permit activity


Victoria has commenced the 2010/11 financial year with 10,200 building permits being issued

in the month of July 2010.

Building Commissioner Tony Arnel, who released the latest pulse data today, said this figure

translates to a total value of $2.3 billion of building permits issued – the highest monthly total

recorded by the Building Commission.

“Today’s pulse data shows that building permit activity in Victoria continues to perform

strongly,” Mr Arnel said.

Mr Arnel added that the record $2.3 billion of building permits issued in July 2010 was 8.5 per

cent higher than July 2009.

“Current activity is being driven primarily by the level of domestic and residential building

permits.  Building permits for domestic building in July rose 28 per cent when compared with

July last year, while permits for residential building jumped 85 per cent over the same period

off a low base last year,” Mr Arnel said.

By building use, building permit figures for July 2010 compared to July 2009 show:


Domestic (housing) rose 28 per cent to $1.3 billion


Residential (including high rise) leapt 85 per cent to $262 million


Commercial fell 25 per cent to $286 million


Retail fell 22 per cent to $87 million


Industrial declined 35 per cent to $31 million


Hospital/healthcare fell 44 per cent to $64 million off a high base last year


Public buildings dipped 15 per cent to $230 million after very strong activity in the previous

period.

By region, building permit figures for July 2010 compared to July 2009 show:


Inner Melbourne rose 9 per cent to $857 million


Outer Melbourne rose 14 per cent to $924 million


Gippsland decreased 7 per cent to $94 million


North Central fell 22 per cent to $69 million


North East climbed 45 per cent to $92 million


North West jumped 30 per cent to $97 million


South West decreased 15 per cent to $161 million.

From a calendar year perspective 2010 has been a strong year to date, with five of the seven

months since January exceeding $2 billion in building permit activity and the 2010 calendar

year to July building permit activity reaching $14 billion (up 24.2% on the previous

corresponding calendar year to July 2009).


ENDS

The Building Commission collects Victorian building information monthly from building surveyors who

provide details of building permits they issue. This media release is based on a summary of this

information.

For more information on building statistics or to interview the Deputy Building Commissioner, call

Chelsea Toomey on 9618 9296, or visit the Building Commission’s pulse website. For further







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