Data on building activity within our municipality is broken down into three categories: total domestic building activity; new dwelling approvals; and total non-domestic building activity.
Domestic building activity
Number and value of all domestic permits
A total of 1,169 domestic permits were issued in the City of Greater Geelong in the September 2023 quarter, an increase of 7.1 percent compared to the previous quarter, yet an annual decrease of 19.4 percent.
The value of domestic permits issued in the September 2023 quarter was $299.0 million, an increase of 4.6 percent compared to the previous quarter, yet an annual decrease of 20.0 percent.
A total of 5,320 domestic permits were issued in the City of Greater Geelong in 2022-23 a decrease of 7.4 percent compared to the number of permits issued in 2021-22. The value of these permits was $1.44 billion, a decrease of 11.3 percent compared to the previous year.
| |
Number of new permits |
Percentage change* |
Value of new permits^ ($million) |
Percentage change* |
| Quarterly totals |
| Latest quarter (September 2023) |
1,169 |
+7.1% |
299.0 |
+4.6% |
| Previous quarter (June 2023) |
1,092 |
285.9 |
| Same quarter last year (September 2022) |
1,451 |
-19.4% |
373.6 |
-20.0% |
| Annual totals** |
| 2022-23 |
5,320 |
-7.4% |
1,442.8 |
-11.3% |
| 2021-22 |
5,743 |
1,627.0 |
|
Source: City of Greater Geelong. Domestic permits refers to all permits including dwellings, extensions, alterations, demolitions, etc. Figures for the previous quarter may be revised due to late permits.
^Estimated value of proposed building works.
*Percentage change is based on differences between the latest quarter and earlier figures as specified.
**Annual totals differ to ABS Building Approvals (8731.0) due to differing classifications and methodology.
|
Click to enlarge image
Source: City of Greater Geelong.
Number and value of new dwelling approvals
A total of 613 new dwelling approvals were issued in the City of Greater Geelong in the September 2023 quarter, an increase of 8.1 percent compared to the previous quarter, yet an annual decrease of 20.7 percent.
The value of new dwelling approvals issued in the September 2023 quarter was $239.1 million, an increase of 1.7 percent compared to the previous quarter, yet an annual decrease of 21.7 percent.
A total of 3,061 new dwellings were approved in the City of Greater Geelong in 2022-23, a decrease of 16.1 percent compared to 2021-22. The value of these new dwellings was $1.22 billion, a decrease of 11.7 percent compared to the previous year.
| |
Number of new dwellings |
Percentage change* |
Value of new dwellings^ ($million) |
Percentage change* |
| Quarterly totals |
| Latest quarter (September 2023) |
613 |
+8.1% |
239.1 |
+1.7% |
| Previous quarter (June 2023) |
567 |
235.0 |
| Same quarter last year (September 2022) |
773 |
-20.7% |
305.5 |
-21.7% |
| Annual totals** |
| 2022-23 |
3,061 |
-16.1% |
1,224.3 |
-11.7% |
| 2021-22 |
3,647 |
1,386.3 |
|
Source: City of Greater Geelong. Figures for the previous quarter may be revised due to late permits.
^Estimated value of proposed building works.
*Percentage change is based on differences between the latest quarter and earlier figures as specified.
**Annual totals differ to ABS Building Approvals (8731.0) due to differing classifications and methodology.
|
Click to enlarge image
Source: City of Greater Geelong.
Non-domestic building activity
Number and value of non-domestic building permits
A total of 109 non-domestic building permits were issued in the City of Greater Geelong for the September 2023 quarter, a decrease of 15.5 percent compared to both the previous quarter and the same period last year.
The value of non-domestic building permits was $293.5 million in the September 2023 quarter, a 49.3 percent increase compared to the previous quarter and an annual increase of 102.2 percent.
Permits of note for the September 2023 quarter
included new developments at Avalon totalling $184 million and a multideck carpark and gym in Brougham Street for $11.5 million.
A total of 625 non-domestic building permits were issued in the City of Greater Geelong in 2022-23, a decrease of 13.6 percent compared to 2021-22 and a decrease of 17.2 percent in the value of those permits to $977.5 million.
| |
Number of permits |
Percentage change* |
Value of permits^ ($million) |
Percentage change* |
| Quarterly totals |
| Latest quarter (September 2023) |
109 |
-15.5% |
293.5 |
+49.3% |
| Previous quarter (June 2023) |
129 |
196.6 |
| Same quarter last year (September 2022) |
129 |
-15.5% |
145.2 |
+102.2% |
| Annual totals** |
| 2022-23 |
625 |
-13.6% |
977.5 |
-17.2% |
| 2021-22 |
723 |
1,191.2 |
|
Source: City of Greater Geelong. Figures for the previous quarter may be revised due to late permits.
^Estimated value of proposed building works. Includes figures as provided to City of Greater Geelong (which may not always include stage breakdowns).
*Percentage change is based on differences between the latest quarter and earlier figures as specified.
**Annual totals differ to ABS Building Approvals (8731.0) due to differing classifications and methodology.
|
Click to enlarge image
Source: City of Greater Geelong.