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8731.0 - Building Approvals, Australia, Jul 2005  
Previous ISSUE Released at 11:30 AM (CANBERRA TIME) 31/08/2005   
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JULY KEY FIGURES

Jul 05
Jun 05 to Jul 05
Jul 04 to Jul 05
no.
% change
% change

Trend

Total dwelling units approved
13 275
0.2
-4.1
Private sector houses
9 111
1.1
1.7
Private sector other dwellings
3 837
-2.3
-15.1

Seasonally Adjusted

Total dwelling units approved
12 837
-8.9
-9.5
Private sector houses
8 823
-6.3
0.4
Private sector other dwellings
3 730
-12.6
-23.9

Dwelling units approved, Total number
Graph: Number of dwelling units approved

Private sector houses approved, Total number
Graph: Private sector houses approved



JULY KEY POINTS


TOTAL DWELLING UNITS

  • The trend for total dwelling approvals was relatively flat (+0.2%) in July 2005.
  • The seasonally adjusted estimate for total dwelling units approved fell 8.9%, to 12,837, in July 2005. The main contributor to this decline was a fall of 36.9% in Victoria (see Data Notes on page 2).


PRIVATE SECTOR HOUSES
  • The trend estimate of private sector house approvals rose 1.1% in July 2005, the sixth consecutive monthly rise.
  • The seasonally adjusted estimate for private sector houses approved fell 6.3%, to 8,823, in July 2005.


PRIVATE SECTOR OTHER DWELLING UNITS
  • The trend estimate of private sector other dwellings approved fell 2.3% in July 2005.
  • The seasonally adjusted estimate for private sector other dwellings approved fell 12.6%, to 3,730, in July 2005.


VALUE OF BUILDING APPROVED
  • The trend estimate of the value of total building approved has risen for the past eight months, rising 1.1% in July 2005. The value of new residential building approved rose 0.7% and the value of alterations and additions rose 1.4%. The value of non-residential building approved rose 1.8%.
  • The seasonally adjusted estimate of the value of total building approved rose 11.0%, to $5,206.2m, in July 2005. The value of new residential building approved fell 2.0%, to $2,580.7m, while the value of alterations and additions rose 0.9%, to $459.1m.


NOTES

FORTHCOMING ISSUES

ISSUE Release Date
August 2005 5 October 2005
September 2005 2 November 2005
October 2005 2 December 2005
November 2005 6 January 2006
December 2005 2 February 2006
January 2006 2 March 2006



CHANGES IN THIS ISSUE

A new base year, 2003-04, has been introduced into the chain volume estimates which has resulted in revisions to growth rates in subsequent periods. In addition, the chain volume estimates have been re-referenced to 2003-04, thereby preserving additivity in the quarters after the reference year. Re-referencing affects the levels of, but not the movements in, chain volume estimates.


Seasonally adjusted and trend estimates of other dwellings have been revised in this issue as the result of a reanalysis of seasonal factors. This has in turn affected seasonally adjusted and trend estimates of total dwellings approved.



REVISIONS THIS MONTH

Revisions to Total Dwellings in this issue are:

NSW
Vic.
Qld.
SA
WA
Tas.
NT
ACT
TOTAL

2004-05
77
10
40
60
-37
48
17
-
215



DATA NOTES

Changes to Victorian building regulations regarding owner-builders were introduced on 14 June, 2005, and the 5 Star Standard for energy rating for all new houses became fully operational on 1 July, 2005. There is some evidence that there may have been a resulting 'pull forward' of residential building approvals in Victoria, as evidenced by rises in approvals in May and June of this year followed by a sharp decline in July.


Estimates have been included in this issue for the municipalities of Campbelltown in New South Wales and Kwinana in Western Australia which were unable to report all building work approved in their municipalities this month.



INQUIRIES

For further information about these and related statistics, contact the National Information and Referral Service on 1300 135 070 or David Finlay on Adelaide (08) 8237 7431.



VALUE OF BUILDING APPROVED


NEW RESIDENTIAL BUILDING

The trend estimate of the value of new residential building is showing rises for the past ten months. The trend rose 0.7% in July 2005.

Graph: New residential building



ALTERATIONS AND ADDITIONS TO RESIDENTIAL BUILDING

The trend estimate of the value of alterations and additions to residential building is showing rises for the past nine months. The trend rose 1.4% in July 2005.

Graph: Alterations and additions to residential buildings



NON-RESIDENTIAL BUILDING

The trend estimate of the value of non-residential building shows six months of strong growth, rising 1.8% in July 2005.

Graph: Trend value of non-residential building approved



DWELLINGS APPROVED


TOTAL DWELLING UNITS

The trend estimate for total dwelling units approved shows eight months of growth, with the rate of growth slowing in recent months.

Graph: Total dwelling units approved



PRIVATE SECTOR HOUSES

The trend estimate for private sector houses approved is showing growth for the past six months, after sixteen months of decline.

Graph: Private sector houses approved



PRIVATE SECTOR OTHER DWELLINGS

The trend estimate for private sector other dwellings approved is now showing declines for the past four months.

Graph: Private sector other dwellings approved



DWELLING UNITS APPROVED STATES AND TERRITORIES


SUMMARY COMMENTS

The trend estimate for total dwelling units approved rose 0.2% in July 2005. The trend fell in New South Wales (-0.9%), Western Australia (-0.9%), Tasmania (-0.9%) and the Australian Capital Territory (-0.7%), was flat in South Australia, and rose in the other states and territories.


The trend estimate for private sector houses approved rose 1.1% in July 2005. The trend fell in Western Australia (-1.0%), was flat in South Australia, and rose in New South Wales (+3.3%), Victoria (+1.1%) and Queensland (+1.4%).

NSW
Vic.
Qld
SA
WA
Tas.
NT
ACT
Aust.

Original

Dwelling units approved
Private sector houses (no.)
1 829
2 246
2 131
645
1 669
206
46
85
8 857
Total dwelling units (no.)
2 989
2 743
3 385
908
2 077
219
183
89
12 593
Percentage change from previous month
Private sector houses (%)
2.2
-37.2
-2.3
-0.8
2.3
24.1
-30.3
7.6
-12.7
Total dwelling units (%)
5.4
-46.2
-2.6
19.9
-4.9
11.7
50.0
-21.2
-14.8

Seasonally Adjusted

Dwelling units approved
Private sector houses (no.)
1 924
2 210
2 100
641
1 612
na
na
na
8 823
Total dwelling units (no.)
3 068
3 023
3 386
878
1 989
216
na
na
12 837
Percentage change from previous month
Private sector houses (%)
20.8
-31.5
2.1
4.0
2.3
na
na
na
-6.3
Total dwelling units (%)
7.3
-36.9
6.2
14.5
-1.7
3.8
na
na
-8.9

Trend

Dwelling units approved
Private sector houses (no.)
1 707
2 710
2 100
653
1 583
na
na
na
9 111
Total dwelling units (no.)
2 844
3 804
3 284
865
2 028
220
94
135
13 275
Percentage change from previous month
Private sector houses (%)
3.3
1.1
1.4
-
-1.0
na
na
na
1.1
Total dwelling units (%)
-0.9
1.2
0.8
-
-0.9
-0.9
3.3
-0.7
0.2

- nil or rounded to zero (including null cells)
na not available


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