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8731.0 - Building Approvals, Australia, Jul 2004  
Previous ISSUE Released at 11:30 AM (CANBERRA TIME) 02/09/2004   
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JULY KEY FIGURES

Jul 04
Jun 04 to Jul 04
Jul 03 to Jul 04
no.
% change
% change

Trend

Dwelling units approved
Private sector houses
9,116
-1.0
-10.6
Total dwelling units
14,437
-0.3
-3.1

Seasonally Adjusted

Dwelling units approved
Private sector houses
8,960
-2.8
-12.9
Total dwelling units
14,438
-0.7
-5.1

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


TREND ESTIMATES

  • The trend estimate for total dwelling units approved fell 0.3% in July 2004. This series has been relatively flat for the past 5 months.
  • The trend estimate for private sector houses approved fell 1.0% in July 2004. The trend has now fallen for ten consecutive months.
  • The trend estimate for other dwellings approved has risen for the last seven months, with the rate of growth slowing in recent months. The trend rose 0.5% in July 2004.


SEASONALLY ADJUSTED ESTIMATES
  • The seasonally adjusted estimate for total dwelling units approved fell 0.7%, to 14,438, in July 2004.
  • The seasonally adjusted estimate for private sector houses approved fell 2.8%, to 8,960, in July 2004.
  • The seasonally adjusted estimate for other dwellings approved rose 4.1%, to 5,286, in July 2004.
  • The seasonally adjusted estimate of the value of total building approved rose 0.6%, to $4,244.4m, in July 2004. The value of new residential building approved fell for the second consecutive month, falling 3.1% in July 2004, to $2,477.0m.


NOTES


CHANGES IN THIS ISSUE

A new base year, 2002–03, 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 2002–03, thereby preserving additivity in the quarters after the reference year. Re-referencing affects the levels of, but not the movements in, chain volume estimates.


A feature article, 'Are We Building on Smaller Blocks?', is included on pages 7–9.


The ABS is planning changes to the format and content of the front page of this publication from the August 2004 issue.



REVISIONS THIS MONTH

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

2003-04

New South Wales
164
Victoria
-46
Queensland
-56
South Australia
5
Western Australia
-19
Tasmania
-2
TOTAL
46


A significant upward revision has been made to the value of non-residential building approved in May 2004, mostly as a result of including a previously unreported approval in New South Wales.



DATA NOTES

There will be 232 permanent dwellings constructed for the Commonwealth Games Village as well as some non-residential construction. All the buildings will be included as public sector. As a result, 9 dwellings included in May 2004 will be reclassified from private to public. A further 101 dwellings have been included in July 2004. The remaining approvals are expected to be submitted prior to the end of 2005.


Estimates have been included in this issue for two councils unable to report all building work approved in their municipalities this month (Blue Mountains in New South Wales and Rockingham in Western Australia).



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.



SUMMARY COMMENTARY


VALUE OF BUILDING APPROVED

NEW RESIDENTIAL BUILDING

The trend estimate of the value of new residential building is now showing a decline over the last three months, falling 1.1% in July 2004.

Graph: New residential building


ALTERATIONS AND ADDITIONS TO RESIDENTIAL BUILDING

The trend estimate of the value of alterations and additions to residential building has risen over the last five months, following five months of decline. The trend rose 1.6% in July 2004.

Graph: Alterations and additions to residential buildings


NON-RESIDENTIAL BUILDING

The trend estimate of the value of non-residential building continues the general decline starting in December 2002, falling 1.4% in July 2004.

Graph: Non-residential building



DWELLINGS APPROVED

TOTAL DWELLING UNITS

The trend estimate for total dwelling units approved has been relatively flat for the last five months.

Graph: Total dwelling units approved


PRIVATE SECTOR HOUSES

The trend estimate for private sector houses approved has fallen for the last ten months after eight months of growth. The trend fell 1.0% in July 2004.

Graph: Private sector houses approved


OTHER DWELLINGS

The trend estimate for other dwellings approved has risen for the last seven months with growth slowing in recent months. The trend rose 0.5% in July 2004.

Graph: Other dwellings approved



DWELLING UNITS APPROVED, STATES AND TERRITORIES

SUMMARY COMMENTS

The trend estimate for total dwelling units approved fell 0.3% in July 2004. The trend fell in New South Wales (-1.4%), Victoria (-1.9%), Tasmania (-1.8%) and the Australian Capital Territory (-9.8%).


The trend estimate for private sector houses approved fell 1.0% in July 2004. The trend fell in all states except Victoria (+0.4%) and South Australia (+0.7%).

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

Original

Dwelling units approved
Private sector houses (no.)
1,609
2,930
2,233
662
1,517
190
50
72
9,263
Total dwelling units (no.)
3,481
3,779
3,544
1,087
2,210
221
125
72
14,519
Percentage change from previous month
Private sector houses (%)
-18.4
-0.3
1.5
-20.5
-2.4
-3.6
56.3
-1.4
-5.5
Total dwelling units (%)
-4.4
3.3
-7.1
-0.1
3.2
-5.6
-10.1
-62.7
-2.6

Seasonally Adjusted

Dwelling units approved
Private sector houses (no.)
1,651
2,845
2,073
627
1,437
na
na
na
8,960
Total dwelling units (no.)
3,636
3,694
3,381
1,052
2,242
233
na
na
14,438
Percentage change from previous month
Private sector houses (%)
-9.1
2.5
0.1
-17.8
-2.0
na
na
na
-2.8
Total dwelling units (%)
-4.5
5.6
-6.7
3.4
11.8
-2.9
na
na
-0.7

Trend

Dwelling units approved
Private sector houses (no.)
1,754
2,805
2,040
686
1,487
na
na
na
9,116
Total dwelling units (no.)
3,733
3,540
3,360
1,004
2,108
270
135
202
14,437
Percentage change from previous month
Private sector houses (%)
-1.2
0.4
-2.4
0.7
-1.9
na
na
na
-1.0
Total dwelling units (%)
-1.4
-1.9
0.3
5.5
1.6
-1.8
7.1
-9.8
-0.3

na not available



STATE TRENDS

NEW SOUTH WALES

The trend estimate for total dwelling units approved in New South Wales has fallen for the last four months, following four months of growth. The trend for private sector houses is showing declines for the last eleven months.

Graph: Dwelling units approved - NSW


VICTORIA

The trend estimate for total dwelling units in Victoria has fallen for the last three months. The trend for private sector houses approved is now showing slight growth for the last four months.

Graph: Dwelling units approved - VIC


QUEENSLAND

The trend estimate for total dwelling units approved in Queensland is flat after falling for the previous nine months. The trend for private sector houses has fallen for the last nine months.

Graph: Dwelling units approved - Qld


SOUTH AUSTRALIA

The trend estimate for total dwelling units approved in South Australia has risen for the last four months. The trend for private sector houses has been flat for the last five months.

Graph: Dwelling units approved - SA


WESTERN AUSTRALIA

The trend estimate for total dwelling units approved in Western Australia has risen for the last ten months. The trend for private sector houses has fallen for the last five months.

Graph: Dwelling units approved - WA

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