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8731.0 - Building Approvals, Australia, Mar 2005  
Previous ISSUE Released at 11:30 AM (CANBERRA TIME) 03/05/2005   
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MARCH KEY FIGURES

Mar 05
Feb 05 to Mar 05
Mar 04 to Mar 05
no.
% change
% change

Trend

Total dwelling units approved
12,684
0.1
-13.5
Private sector houses
8,537
-
-10.8
Private sector other dwellings
3,859
0.9
-19.6

Seasonally Adjusted

Total dwelling units approved
12,270
-6.8
-19.1
Private sector houses
8,534
0.3
-11.5
Private sector other dwellings
3,374
-25.5
-35.2

- nil or rounded to zero (including null cells)

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

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



MARCH KEY POINTS


TOTAL DWELLING UNITS

  • The trend for total dwelling approvals was relatively flat (+0.1%) in March 2005.
  • The seasonally adjusted estimate for total dwelling units approved fell 6.8%, to 12,270, in March 2005.


PRIVATE SECTOR HOUSES
  • The trend estimate of private sector house approvals was flat in March 2005, following seventeen months of decline.
  • The seasonally adjusted estimate for private sector houses approved rose 0.3%, to 8,534, in March 2005.


PRIVATE SECTOR OTHER DWELLING UNITS
  • The trend estimate for private sector other dwellings approved rose 0.9% in March 2005, the fourth consecutive monthly rise.
  • The seasonally adjusted estimate for private sector other dwellings approved fell 25.5%, to 3,374, in March 2005. This is the lowest estimate since February 2002.


VALUE OF BUILDING APPROVED
  • The seasonally adjusted estimate of the value of total building approved fell 1.4%, to $4,570.7m, in March 2005. The value of new residential building approved fell 6.1%, to $2,420.8m, while the value of alterations and additions fell 2.5%, to $425.3m.


NOTES


CHANGES IN THIS ISSUE

There are no changes in this issue.



REVISIONS THIS MONTH

Revisions have been made to total dwelling units in this issue:

1998-2001
2001-02
2002-03
2003-04
2004-05

New South Wales
81
95
555
-9
37
Victoria
2
-
4
-
-30
Queensland
1
6
83
8
1
South Australia
-
-
54
-
33
Western Australia
4
13
8
-
2
Tasmania
-
-
-
-
-
Northern Territory
-
-
-
-
-
Australian Capital Territory
-
-
-
-
-
TOTAL
88
114
704
-1
43


Ongoing audits of building approvals data, conducted by municipalities and the ABS, identified three municipalities in NSW that experienced data provision difficulties in 2002-03. These difficulties have been rectified and the full data for these municipalities in 2002-03 is now represented in building approvals data.



DATA NOTES

Estimates have been included in this issue for the municipality of Campbelltown (New South Wales) which was unable to report all building work approved in their municipality 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 a rise over the past five months after six months of decline. The trend rose 0.8% in March 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 now showing a rise over the past five months. The trend rose 0.5% in March 2005.

Graph: Alterations and additions to residential buildings



NON-RESIDENTIAL BUILDING

The trend estimate of the value of non-residential building is now showing three months of growth, rising 3.5% in March 2005.

Graph: Trend value of non-residential building approved



DWELLINGS APPROVED


TOTAL DWELLING UNITS

For the fouth consecutive month the trend estimate for total dwelling units approved was relatively flat. This follows a general decline starting in October 2003.

Graph: Total dwelling units approved



PRIVATE SECTOR HOUSES

The trend estimate for private sector houses approved was flat in March 2005 following seventeen months of decline.

Graph: Private sector houses approved



PRIVATE SECTOR OTHER DWELLINGS

The trend estimate for private sector other dwellings approved rose 0.9% in March 2005, the fourth consecutive monthly rise.

Graph: Private sector other dwellings approved



DWELLING UNITS APPROVED STATES AND TERRITORIES


SUMMARY COMMENTS

The trend estimate for total dwelling units approved was relatively flat (+0.1%) in March 2005. The trend rose in New South Wales (+1.9%), Victoria (+0.3%), South Australia (+1.4%) and Western Australia (+2.6%), but fell in all other states and territories.


The trend estimate for private sector houses approved was flat in March 2005. The trend rose in New South Wales (+0.5%), Victoria (+0.1%) and Western Australia (+2.3%), but fell in Queensland (-2.3%) and South Australia (-1.6%).

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

Original

Dwelling units approved
Private sector houses (no.)
1,441
2,467
1,991
712
1,539
193
39
104
8,486
Total dwelling units (no.)
2,774
3,363
2,760
1,059
1,935
218
74
154
12,337
Percentage change from previous month
Private sector houses (%)
-4.7
4.9
7.9
22.8
-0.1
14.2
-17.0
121.3
4.9
Total dwelling units (%)
-13.0
7.3
1.9
38.4
-2.6
14.7
-52.6
227.7
1.4

Seasonally Adjusted

Dwelling units approved
Private sector houses (no.)
1,559
2,421
1,804
639
1,788
na
na
na
8,534
Total dwelling units (no.)
2,752
3,317
2,576
986
2,207
200
na
na
12,270
Percentage change from previous month
Private sector houses (%)
-3.3
-
-4.7
7.2
4.8
na
na
na
0.3
Total dwelling units (%)
-29.1
3.6
-6.5
26.2
3.0
-5.2
na
na
-6.8

Trend

Dwelling units approved
Private sector houses (no.)
1,576
2,423
1,844
642
1,761
na
na
na
8,537
Total dwelling units (no.)
3,258
3,162
2,741
883
2,135
213
73
218
12,684
Percentage change from previous month
Private sector houses (%)
0.5
0.1
-2.3
-1.6
2.3
na
na
na
-
Total dwelling units (%)
1.9
0.3
-3.9
1.4
2.6
-3.2
-1.4
-2.7
0.1

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

DWELLING UNITS APPROVED STATE TRENDS


NEW SOUTH WALES

The trend estimate for total dwelling units approved in New South Wales rose 1.9% in March 2005, the fifth consecutive monthly rise. The trend for private sector houses is now showing small rises for the past three months.


Graph: Dwelling units approved - NSW




VICTORIA

The trend estimate for total dwelling units in Victoria rose 0.3% in the latest month after declines in the previous sixteen months. The trend for private sector houses has been relatively flat for the past three months.


Graph: Dwelling units approved - Vic



QUEENSLAND

The trend estimate for total dwelling units approved in Queensland is showing a general decline over the last eighteen months. The trend for private sector houses has also fallen over the last sixteen months.


Graph: Dwelling units approved - Qld



SOUTH AUSTRALIA

The trend estimate for total dwelling units approved in South Australia is now showing a rise for the past four months. The trend for private sector houses is now showing a fall over the past three months.


Graph: Dwelling units approved - SA



WESTERN AUSTRALIA

The trend estimate for total dwelling units approved in Western Australia shows rises for the past five months after five months of decline. The trend for private sector houses shows a rise over the past seven months.


Graph: Dwelling units approved - WA

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