City of Wollongong Economic Insight Report - December 2019

 KEY INSIGHTS  

  • The value of building approvals in the December 2019 quarter was up from September ($7.4M, 4.7%) from the previous quarter to $164.6M. It was driven by a growth in the value of Residential Buildings approvals.

  • However, the value was lower (-21.2%) than that experienced in the same quarter the year before.

  • Non-residential approvals was led by the Public Sector, mainly by Education buildings.

  • The majority of non-residential development in the FY to date has been in the Wollongong-East area ($18M)

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