City of Parramatta Economic Insight Report - December 2019
The value of building approvals in the December quarter was down from the September quarter (-$228M, -22%) to $798M, driven by a fallen in the value of non-residential building approvals.
However, the value was also higher (+26%) than that experienced in the December quarter the year before.
Non-residential approvals were led by the private sector, mainly by Short term Accommodation buildings.
The majority of non-residential development in the FY to date has been in the Parramatta-Rosehill area ($908M)