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economic indicators - City of Greater Geelong

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S2<br />

rESIDENTIAL PROPERTY MARKET<br />

Area<br />

/10<br />

TABLE 2: New Residential Dwelling Approvals (as at 30 June 2009)<br />

CITY OF GREATER GEELONG<br />

New Dwelling<br />

Total<br />

2006 (1) 2006/2007<br />

Dwellings Approvals<br />

New Dwelling<br />

Approvals<br />

2007/2008<br />

New Dwelling<br />

Approvals<br />

2008/2009<br />

Value Dwelling<br />

Approvals<br />

2008/2009<br />

($’000)<br />

Estimated<br />

Dwellings as at<br />

30 June 2009<br />

Urban <strong>Geelong</strong><br />

Bell Park 2,066 33 54 32 $5,362 2,185<br />

Bell Post Hill 2,051 8 8 3 $607 2,070<br />

Belmont 6,294 17 86 41 $6,392 6,438<br />

Breakwater 500 0 2 20 $2,658 522<br />

Corio 5,893 67 57 26 $3,709 6,043<br />

Drumcondra 229 0 0 1 $370 230<br />

East <strong>Geelong</strong> 1,776 5 12 4 $600 1,797<br />

Fyansford 75 1 0 0 $0 76<br />

<strong>Geelong</strong> <strong>City</strong> 2,319 5 18 18 $5,146 2,360<br />

<strong>Geelong</strong> West 3,205 13 18 18 $2,943 3,254<br />

Grovedale 5,230 127 106 80 $14,407 5,543<br />

Hamlyn Heights 2,602 23 17 23 $4,375 2,665<br />

Herne Hill 1,687 6 15 12 $1,506 1,720<br />

Highton 5,936 99 151 144 $40,155 6,330<br />

Lara 4,473 46 57 40 $7,924 4,616<br />

Leopold 3,288 62 102 109 $20,917 3,561<br />

Lovely Banks 499 37 32 12 $3,940 580<br />

Manifold Heights 1,144 5 15 12 $3,412 1,176<br />

Marshall 608 10 16 19 $3,523 653<br />

Moolap 511 3 4 2 $321 520<br />

Mount Duneed 354 0 4 2 $545 360<br />

Newcomb 2,157 10 30 17 $1,654 2,214<br />

Newtown 4,150 23 53 38 $12,477 4,264<br />

Norlane 3,773 6 69 13 $1,726 3,861<br />

North <strong>Geelong</strong> 1,139 3 7 4 $789 1,153<br />

North Shore 160 5 4 13 $2,443 182<br />

Rippleside 173 2 2 2 $630 179<br />

St Albans Park 1,766 22 30 28 $5,712 1,846<br />

South <strong>Geelong</strong> 460 2 9 2 $521 473<br />

Thomson 840 2 8 5 $691 855<br />

Wandana Heights 610 15 12 13 $5,087 650<br />

Waurn Ponds 1,002 76 44 53 $11,342 1,175<br />

Whittington 1,717 16 24 17 $2,113 1,774<br />

Rural <strong>Geelong</strong><br />

Anakie 257 9 2 1 $295 269<br />

Balliang 87 1 2 1 $275 91<br />

Barwon Heads 1,825 33 83 40 $14,700 1,981<br />

Batesford 287 13 0 8 $2,934 308<br />

Breamlea 160 1 3 1 $349 165<br />

Clifton Springs 2,992 23 29 29 $5,706 3,073<br />

Connewarre 77 20 8 14 $6,866 119<br />

Curlewis 176 2 1 1 $320 180<br />

Drysdale 1,543 50 108 74 $14,151 1,775<br />

Indented Head 844 28 30 37 $7,659 939<br />

Little River 299 5 3 2 $695 309<br />

Marcus Hill 132 6 0 3 $1,480 141<br />

Ocean Grove 5,817 92 148 147 $36,234 6,204<br />

Portarlington 2,331 34 53 43 $10,381 2,461<br />

St Leonards 1,834 43 67 64 $12,057 2,008<br />

Wallington 433 8 8 3 $840 452

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