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8731.0 - Building Approvals, Australia, October 2012 Quality Declaration 
Previous ISSUE Released at 11:30 AM (CANBERRA TIME) 04/12/2012   
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OCTOBER KEY FIGURES

Oct 12
Sep 12 to Oct 12
Oct 11 to Oct 12
no.
% change
% change

TREND
Total dwelling units approved
12 726
-0.3
6.2
Private sector houses
7 556
0.9
1.2
Private sector dwellings excluding houses
4 962
-2.4
16.1
SEASONALLY ADJUSTED
Total dwelling units approved
12 540
-7.6
14.5
Private sector houses
7 451
-1.5
4.6
Private sector dwellings excluding houses
4 817
-18.0
32.7


Dwelling units approved
Graph: Dwelling units approved

Private sector houses approved
Graph: Private sector houses




OCTOBER KEY POINTS


TOTAL DWELLING UNITS
  • The trend estimate for total dwellings approved fell 0.3% in October and has fallen for two months.
  • The seasonally adjusted estimate for total dwellings approved fell 7.6% in October after rising for two months.


PRIVATE SECTOR HOUSES
  • The trend estimate for private sector houses approved rose 0.9% in October and has risen for five months.
  • The seasonally adjusted estimate for private sector houses fell 1.5% in October following a rise of 2.0% in the previous month.


PRIVATE SECTOR DWELLINGS EXCLUDING HOUSES
  • The trend estimate for private sector dwellings excluding houses fell 2.4% in October and has fallen for three months.
  • The seasonally adjusted estimate for private sector dwellings excluding houses fell 18.0% in October following rises of 21.4% and 29.4% in September and August respectively.


VALUE OF BUILDING APPROVED
  • The trend estimate of the value of total building approved fell 2.4% in October and has fallen for five months. The value of residential building rose 0.4% and has risen for nine months. The value of non-residential building fell 7.6% and has fallen for five months.
  • The seasonally adjusted estimate of the value of total building approved fell 6.7% in October after rising for two months. The value of residential building fell 12.9% after rising for two months. The value of non-residential building rose 6.7% following a fall of 11.9% in the previous month.


NOTES

FORTHCOMING ISSUES

ISSUE Release Date
November 2012 10 January 2013
December 2012 4 February 2013
January 2013 4 March 2013
February 2013 4 April 2013
March 2013 2 May 2013
April 2013 30 May 2013



CHANGES IN THIS ISSUE

A new base year, 2010-11, 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 2010-11, thereby preserving additivity in the quarters after the reference year. Re-referencing affects the levels of, but not the movements in, chain volume estimates. For further information, see the explanatory notes.


DATA NOTES

A number of time series spreadsheets contain 'np' (not available for publication) annotations. This is due to confidential data being contained in these series.


REVISIONS THIS MONTH

Revisions to the total number of dwelling units approved in this issue are:

2011-12
2012-13
TOTAL

NSW
51
26
77
Vic.
-
-
-
Qld
5
180
185
SA
-
-28
-28
WA
13
143
156
Tas.
-13
-
-13
NT
-
-
-
ACT
-
-
-
Total
56
321
377




INQUIRIES

For further information about these and related statistics, contact the National Information and Referral Service on 1300 135 070.


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