Part 2 - House approvals by capital city
Part 3 - Unit approvals by capital city
This construction cycle is largely a units and apartments story, however.
As the above chart shows, Melbourne has been the king of over-building units the over the past few years with a further 26,317 unit approvals squeezed through in 2014.
Let's take a look in four short parts.
However our full chart packs do show that the total value of building construction approved can realistically still only represent a relatively modest share GDP up to perhaps 3.5 percent, even with a kicker from the construction multiplier.