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8731.2 - Building Approvals, Victoria, Sep 2003  
Latest ISSUE Released at 11:30 AM (CANBERRA TIME) 07/11/2003  Ceased
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SEPTEMBER KEY FIGURES


Jul 2003
Aug 2003
Sep 2003

Dwelling units approved
Original
3,912
3,671
4,388
Seasonally adjusted
3,940
3,463
4,278
Trend
3,972
3,995
4,012

% change
% change
% change
Jun 2003 to
Jul 2003 to
Aug 2003 to
Jul 2003
Aug 2003
Sep 2003

Dwelling units approved
Original
-2.7
-6.2
19.5
Seasonally adjusted
-6.8
-12.1
23.5
Trend
1.0
0.6
0.4


DWELLING UNITS APPROVED
Total number
Graph - Dwelling units approved, Total number

PRIVATE SECTOR HOUSES APPROVED
Total number
Graph - Private dwelling units approved, Total number



SEPTEMBER KEY POINTS


TREND ESTIMATES
  • The trend estimate for the number of dwelling units approved has increased for the past eight months. The estimate for September 2003 was 5.9% less than the estimate for September 2002.
  • The trend estimate for the number of private sector houses has increased for the past seven months following six months of decreases, with rises of 2.8% in July 2003, 1.6% in August 2003, and 1.1% in September 2003.


SEASONALLY ADJUSTED ESTIMATES
  • The seasonally adjusted estimate for total dwelling units approved rose 23.5% in September 2003 to 4,278. The estimate for September 2002 was 10.3% greater than the estimate for September 2002.
  • The seasonally adjusted estimate for private sector houses approved fell 1.6% in September 2003 to 2,950. The estimate for September 2003 was 1.2% higher than the estimate for September 2002, while the estimates for July 2003 and August 2003 were 2.6% lower and 11.0% higher than for July 2002 and August 2002.


ORIGINAL ESTIMATES
  • The total number of dwelling units approved in the September 2003 quarter was 11,971 which was a fall of 5.2% from the June 2003 quarter.
  • The total value of building work approved in the September 2003 quarter was $3,564.2m, 8.9% lower than the June 2003 quarter. The value of residential building also fell by 8.9% in the quarter and non-residential building fell by 8.7%.


FURTHER INFORMATION

For further information about these and related statistics, contact Darryl Rowe on Adelaide 08 8237 7596, or the National Information and referral Service on 1300 135 070.


ABOUT THIS ISSUE

This September quarter 2003 issue is the final issue of this publication.

In future, all data in this publication will be available in other ABS products, viz:
  • From the October 2003 issue, Building Approvals Australia (cat. no. 8731.0) will be expanded to include the state and territory data series of interest to most users. A copy of the proposed publication is available on the ABS web site. (see www.abs.gov.au and press the Publications icon, then go to 8731.0)
  • A Building Approvals data cube - contains most of the variables in this publication.
  • The on-line AusStats service - under Building Approvals, Australia (cat. no. 8731.0).
  • The ABS web site - in the Main Features for Building Approvals, Australia (cat. no. 8731.0).

Some state and territory data is also available in other ABS products. Further information on these alternative sources and how to access them is in the following document:


NOTE FOR SUBSCRIBERS

The following document details the cessation of the quarterly state and territory building approvals publications, and offers alternative sources for future data.


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CHANGES IN THIS ISSUE

Quarterly chain volume data incorporate a new base year, 2001-02, which has resulted in revisions to growth rates, small in most cases, for subsequent periods. In addition, the reference year has been advanced to 2001-02, thereby preserving additivity in the quarters after the reference year. Re-referencing resulted in revisions to levels, but not growth rates, for all periods (see paragraphs 25-26 of the Explanatory Notes).

Area statistics are now classified to the Australian Standard Geographical Classification, 2003 Edition (see paragraphs 27-28 of the Explanatory Notes).


DATA NOTES

A special article 'Functional Classification of Buildings', containing data for 2001-02 and 2002-03 was included in the September 2003 issue of Building Approvals, Australia (cat. no. 8731.0). This and other articles are available from the ABS web site at <www.abs.gov.au.> Go to the 'Feature Articles' link on the home page, then select 'Industry/Construction'.


REVISIONS THIS QUARTER

There have been revisions made to total dwelling units since the last issue of this publication, resulting in an additional 144 dwellings in 2002-03.


SYMBOLS AND OTHER USAGES

n.a.
n.y.a.
not available
not yet available


VALUE OF BUILDING APPROVED


VALUE OF TOTAL BUILDING

The trend estimate for the value of total building approved has fallen for the past two months following six months of increases.
Graph - Value of total building


VALUE OF RESIDENTIAL BUILDING

The trend estimate for the value of residential building has risen for the past seven months following six months of decline.
Graph - Value of residential building



VALUE OF NON-RESIDENTIAL BUILDING

The trend estimate for the value of non-residential building has fallen for the past three months following five months of rises.
Graph - Value of non-residential building



DWELLINGS APPROVED: 2002-03


DWELLING UNITS APPROVED

The number of dwelling units approved in Victoria during 2002-03 is shown in the table below, for each type of dwelling category, together with the distribution of each dwelling category as a percentage of total dwelling units approved for 2001-02 and 2002-03.


DWELLING UNITS BY TYPE



Type of dwelling

Number
of units
2001-02
% of total
dwellings
2002-03
% of total
dwellings

New residential
Houses
33,483
74.7
69.6
Other residential building
Semi-detached, row or terrace houses, townhouses etc. of:
1 storey
2,293
5.2
4.8
2 or more storeys
2,379
6.6
4.9
Total
4,672
11.9
9.7
Flats, units, apartments in a building of:
1 or 2 storeys
503
1.1
1.0
3 storeys
737
1.2
1.5
4 or more storeys
7,687
8.7
16.0
Total
8,927
11.0
18.6
Total other residential building
13,599
22.8
28.3
Other
Alterations and additions to residential building
417
0.3
0.9
Conversions
368
2.0
0.8
Non-residential building
247
0.1
0.5
Total building
48,114
100.0
100.0



SUMMARY COMMENT

The number of dwelling units approved in 2002-03 decreased by 2.9% from the previous financial year to 48,114. The relative percentage of houses fell from 74.7% to 69.6% while the percentage of other residential dwellings rose from 22.8% to 28.3%.

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