Construction Strong in 2016-17

Sunday 20 August 2017

The 2016-17 financial year was a busy one for projects in Albury with the total value of construction reaching close to $200M. These encouraging figures represent an annual average increase in total construction spend of 7.3% over the last five years.

Residential projects outweighed commercial construction with a combined 371 complying development and construction certificates issued throughout the year, at a value of approximately $135M.

Civil works for subdivisions and infrastructure were strongest in the December quarter with a total of 39 certificates issued throughout 2016-17.

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