Tuesday, 2 March 2010

Parramatta. Non-residential value up 19.7%

The value of non-residential building approvals in the Parramatta local government area was $142.9 million over the year to December 2009, representing a significant increase of 19.7 per cent, over the $119.3 million recorded in the corresponding period in 2008. The value of private sector approvals, in 2008/09, was $68.2 million and that for public sector approvals was $74.7 million, according to Parramatta City Council’s Biz Facts autumn/winter 2010 edition. Approximately 51 per cent of the private sector approvals was in inner Parramatta (including the CBD).

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