|
February Key Figures
Dwelling units approved, Total number
![Graph: Dwelling Units Approved](/ausstats/abs@.nsf/0/da3e07b793488669ca256e8a0077a9c5/Body/0.1774!OpenElement&FieldElemFormat=gif)
| Private sector houses approved, Total number
![Graph: Private Sector Houses Approved](/ausstats/abs@.nsf/0/da3e07b793488669ca256e8a0077a9c5/Body/0.1FE6!OpenElement&FieldElemFormat=gif)
|
February Key Points
TREND ESTIMATES
- The trend estimate for total dwelling units approved fell 1.5% in February 2004, the fifth consecutive monthly fall.
- The trend estimate for private sector houses approved fell 1.9% in February 2004. The trend has now fallen for five consecutive months, and is now falling in all states and territories.
- The trend estimate for other dwellings approved fell 0.7% in February 2004. This is the fifth consecutive monthly fall.
SEASONALLY ADJUSTED ESTIMATES
- The seasonally adjusted estimate for total dwelling units approved rose 3.2%, to 14,592, in February 2004.
- The seasonally adjusted estimate for private sector houses approved fell 3.1%, to 9,301, in February 2004. This is the fifth consecutive monthly fall.
- The seasonally adjusted estimate for other dwellings approved rose 17.1%, to 5,164, in February 2004. This was driven by large rises in New South Wales and Western Australia, which offset a fall in Victoria.
- The seasonally adjusted estimate of the value of total building approved fell 8.3%, to $4,029.4 million in February 2004. Residential building rose 3.4%, to $2,972.4 million, with a 4.1% rise in new residential and a 1.3% fall in alterations and additions. The value of non-residential building fell 30.4%, to $1,057.0 million.
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:
![](/icons/ecblank.gif) |
![](/icons/ecblank.gif) | 2002-03 | 2003-04 | TOTAL | ![](/icons/ecblank.gif) |
| ![](/icons/ecblank.gif) |
New South Wales | 25 | 248 | 273 | ![](/icons/ecblank.gif) |
Victoria | 62 | 46 | 108 | ![](/icons/ecblank.gif) |
Queensland | 7 | 214 | 221 | ![](/icons/ecblank.gif) |
South Australia | -1 | - | -1 | ![](/icons/ecblank.gif) |
Western Australia | - | -23 | -23 | ![](/icons/ecblank.gif) |
Tasmania | - | - | - | ![](/icons/ecblank.gif) |
Northern Territory | - | - | - | ![](/icons/ecblank.gif) |
Australian Capital Territory | - | - | - | ![](/icons/ecblank.gif) |
TOTAL | 93 | 485 | 578 | ![](/icons/ecblank.gif) |
| ![](/icons/ecblank.gif) |
DATA NOTES
An estimate has been included in this issue for one council unable to report all building work approved in its municipality this month (Lake Macquarie in New South Wales).
Two new articles ‘The Construction Industry in Western Australia’ and ‘Focus on the New South Wales Construction Industry’ are available from the ABS website.
Inquiries
For further information about these and related statistics, contact the National Information and Referral Service on 1300 135 070 or Andrea Woods on Adelaide (08) 8237 7350.
VALUE OF BUILDING APPROVED
NEW RESIDENTIAL BUILDING
The trend estimate of the value of new residential building has been relatively flat over the last six months, and rose marginally (0.4%) in February 2004.
ALTERATIONS AND ADDITIONS TO RESIDENTIAL BUILDING
The trend estimate of the value of alterations and additions to residential building has fallen for the last five months, following ten months of growth. The trend fell 1.8% in February 2004.
NON-RESIDENTIAL BUILDING
The trend estimate of the value of non-residential building has fallen for the last six months. The trend fell 3.2% in February 2004.
DWELLINGS APPROVED
TOTAL DWELLING UNITS
The trend estimate for total dwelling units approved has fallen for the last five months, following seven months of growth. The trend fell 1.5% in February 2004.
PRIVATE SECTOR HOUSES
The trend estimate for private sector houses approved has fallen for the last five months, following eight months of growth. The trend fell 1.9% in February 2004.
OTHER DWELLINGS
The trend estimate for other dwellings approved has fallen for the last five months. The trend fell 0.7% in February 2004.
DWELLING UNITS APPROVED-STATES AND TERRITORIES
SUMMARY COMMENTS
The trend estimate for total dwelling units approved fell 1.5% in February 2004. The trend fell in all states and territories except Tasmania (+0.2%) and the Australian Capital Territory (+3.6%).
The trend estimate for private sector houses approved fell 1.9% in February 2004. The trend fell in all states.
![](/icons/ecblank.gif) |
![](/icons/ecblank.gif) | ![](/icons/ecblank.gif) | NSW | Vic. | Qld | SA | WA | Tas. | NT | ACT | Aust. | ![](/icons/ecblank.gif) |
Original | ![](/icons/ecblank.gif) |
| ![](/icons/ecblank.gif) |
Dwelling units approved | ![](/icons/ecblank.gif) | ![](/icons/ecblank.gif) | ![](/icons/ecblank.gif) | ![](/icons/ecblank.gif) | ![](/icons/ecblank.gif) | ![](/icons/ecblank.gif) | ![](/icons/ecblank.gif) | ![](/icons/ecblank.gif) | ![](/icons/ecblank.gif) | ![](/icons/ecblank.gif) |
![](/icons/ecblank.gif) | Private sector houses (no.) | 1,809 | 2,628 | 2,271 | 672 | 1,437 | 186 | 21 | 125 | 9,149 | ![](/icons/ecblank.gif) |
![](/icons/ecblank.gif) | Total dwelling units (no.) | 3,871 | 3,384 | 3,147 | 826 | 2,005 | 201 | 82 | 216 | 13,732 | ![](/icons/ecblank.gif) |
Percentage change from previous month | ![](/icons/ecblank.gif) | ![](/icons/ecblank.gif) | ![](/icons/ecblank.gif) | ![](/icons/ecblank.gif) | ![](/icons/ecblank.gif) | ![](/icons/ecblank.gif) | ![](/icons/ecblank.gif) | ![](/icons/ecblank.gif) | ![](/icons/ecblank.gif) | ![](/icons/ecblank.gif) |
![](/icons/ecblank.gif) | Private sector houses (%) | 29.7 | 19.0 | 8.1 | 41.8 | 11.5 | 5.7 | - | 83.8 | 18.3 | ![](/icons/ecblank.gif) |
![](/icons/ecblank.gif) | Total dwelling units (%) | 42.8 | -7.1 | 7.9 | 19.4 | 29.3 | 1.5 | 13.9 | 89.5 | 15.4 | ![](/icons/ecblank.gif) |
Seasonally Adjusted | ![](/icons/ecblank.gif) |
| ![](/icons/ecblank.gif) |
Dwelling units approved | ![](/icons/ecblank.gif) | ![](/icons/ecblank.gif) | ![](/icons/ecblank.gif) | ![](/icons/ecblank.gif) | ![](/icons/ecblank.gif) | ![](/icons/ecblank.gif) | ![](/icons/ecblank.gif) | ![](/icons/ecblank.gif) | ![](/icons/ecblank.gif) | ![](/icons/ecblank.gif) |
![](/icons/ecblank.gif) | Private sector houses (no.) | 1,924 | 2,531 | 2,271 | 671 | 1,582 | na | na | na | 9,301 | ![](/icons/ecblank.gif) |
![](/icons/ecblank.gif) | Total dwelling units (no.) | 4,269 | 3,442 | 3,382 | 883 | 2,116 | 229 | na | na | 14,592 | ![](/icons/ecblank.gif) |
Percentage change from previous month | ![](/icons/ecblank.gif) | ![](/icons/ecblank.gif) | ![](/icons/ecblank.gif) | ![](/icons/ecblank.gif) | ![](/icons/ecblank.gif) | ![](/icons/ecblank.gif) | ![](/icons/ecblank.gif) | ![](/icons/ecblank.gif) | ![](/icons/ecblank.gif) | ![](/icons/ecblank.gif) |
![](/icons/ecblank.gif) | Private sector houses (%) | 16.1 | -12.1 | -12.4 | 10.3 | 2.9 | na | na | na | -3.1 | ![](/icons/ecblank.gif) |
![](/icons/ecblank.gif) | Total dwelling units (%) | 31.1 | -16.2 | -4.9 | -0.9 | 16.2 | -1.2 | na | na | 3.2 | ![](/icons/ecblank.gif) |
Trend | ![](/icons/ecblank.gif) |
| ![](/icons/ecblank.gif) |
Dwelling units approved | ![](/icons/ecblank.gif) | ![](/icons/ecblank.gif) | ![](/icons/ecblank.gif) | ![](/icons/ecblank.gif) | ![](/icons/ecblank.gif) | ![](/icons/ecblank.gif) | ![](/icons/ecblank.gif) | ![](/icons/ecblank.gif) | ![](/icons/ecblank.gif) | ![](/icons/ecblank.gif) |
![](/icons/ecblank.gif) | Private sector houses (no.) | 1,825 | 2,683 | 2,470 | 672 | 1,589 | na | na | na | 9,559 | ![](/icons/ecblank.gif) |
![](/icons/ecblank.gif) | Total dwelling units (no.) | 3,713 | 3,711 | 3,484 | 897 | 2,012 | 230 | 93 | 164 | 14,301 | ![](/icons/ecblank.gif) |
Percentage change from previous month | ![](/icons/ecblank.gif) | ![](/icons/ecblank.gif) | ![](/icons/ecblank.gif) | ![](/icons/ecblank.gif) | ![](/icons/ecblank.gif) | ![](/icons/ecblank.gif) | ![](/icons/ecblank.gif) | ![](/icons/ecblank.gif) | ![](/icons/ecblank.gif) | ![](/icons/ecblank.gif) |
![](/icons/ecblank.gif) | Private sector houses (%) | -2.1 | -2.0 | -1.5 | -2.6 | -1.3 | na | na | na | -1.9 | ![](/icons/ecblank.gif) |
![](/icons/ecblank.gif) | Total dwelling units (%) | -0.1 | -1.8 | -1.3 | -1.8 | -0.6 | 0.2 | -1.9 | 3.6 | -1.5 | ![](/icons/ecblank.gif) |
| ![](/icons/ecblank.gif) |
- nil or rounded to zero (including null cells) |
![](/icons/ecblank.gif) | ![](/icons/ecblank.gif) | ![](/icons/ecblank.gif) | ![](/icons/ecblank.gif) | ![](/icons/ecblank.gif) | ![](/icons/ecblank.gif) | ![](/icons/ecblank.gif) | ![](/icons/ecblank.gif) | ![](/icons/ecblank.gif) | ![](/icons/ecblank.gif) | ![](/icons/ecblank.gif) | ![](/icons/ecblank.gif) |
na not available |
![](/icons/ecblank.gif) | ![](/icons/ecblank.gif) | ![](/icons/ecblank.gif) | ![](/icons/ecblank.gif) | ![](/icons/ecblank.gif) | ![](/icons/ecblank.gif) | ![](/icons/ecblank.gif) | ![](/icons/ecblank.gif) | ![](/icons/ecblank.gif) | ![](/icons/ecblank.gif) | ![](/icons/ecblank.gif) | ![](/icons/ecblank.gif) |
DWELLING UNITS APPROVED-STATE TRENDS
NEW SOUTH WALES
The trend estimate for total dwelling units approved in New South Wales has fallen for the last six months, following four months of growth. The trend for private sector houses has fallen for the last six months.
VICTORIA
The trend estimate for total dwelling units approved in Victoria has fallen for the last six months, following seven months of growth. The trend for private sector houses has fallen for the last six months.
QUEENSLAND
The trend estimate for total dwelling units approved in Queensland has fallen for the last five months, following six months of growth. The trend for private sector houses has fallen for the for the last four months.
SOUTH AUSTRALIA
The trend estimate for total dwelling units approved in South Australia has fallen for the last five months, following five months of growth. The trend for private sector houses has fallen for the last six months.
WESTERN AUSTRALIA
The trend estimate for total dwelling units approved in Western Australia has fallen for the last three months, following six months of growth. The trend for private sector houses has fallen for the last three months.
What If...? Revisions to Trend Estimates
Effect of new seasonally adjusted estimates on trend estimates
TREND REVISIONS
Recent seasonally adjusted and trend estimates are likely to be revised when original estimates for subsequent months become available. The approximate effect of possible scenarios on trend estimates are presented below. Generally, the greater the volatility of the original series, the larger the size of the revisions to trend estimates. Analysis of the building approval original series has shown that they can be revised substantially. As a result, some months can elapse before turning points in the trend series are reliably identified.
The graphs and tables which follow present the effect of two possible scenarios on the previous trend estimates: that the March seasonally adjusted estimate is higher than the February estimate by 4% for the number of private sector houses approved and 13% for other dwelling units approved; and that the March seasonally adjusted estimate is lower than the February estimate by 4% for the number of private sector houses approved and 13% for other dwelling units approved. These percentages represent the average absolute monthly percentage change for these series over the last ten years.
PRIVATE SECTOR HOUSES APPROVED
| ![](/icons/ecblank.gif) |
![](/icons/ecblank.gif) |
![](/icons/ecblank.gif) | ![](/icons/ecblank.gif) | ![](/icons/ecblank.gif) | ![](/icons/ecblank.gif) | WHAT IF NEXT MONTH‘S SEASONALLY ADJUSTED ESTIMATE:
| ![](/icons/ecblank.gif) |
![](/icons/ecblank.gif) | ![](/icons/ecblank.gif) | TREND AS PUBLISHED
| (1) rises by 4% on Feb 2004
| (2) falls by 4% on Feb 2004
| ![](/icons/ecblank.gif) |
![](/icons/ecblank.gif) | ![](/icons/ecblank.gif) | no. | % change | no. | % change | no. | % change | ![](/icons/ecblank.gif) |
| ![](/icons/ecblank.gif) |
2003 | ![](/icons/ecblank.gif) | ![](/icons/ecblank.gif) | ![](/icons/ecblank.gif) | ![](/icons/ecblank.gif) | ![](/icons/ecblank.gif) | ![](/icons/ecblank.gif) | ![](/icons/ecblank.gif) |
![](/icons/ecblank.gif) | October | 10,274 | -1.1 | 10,283 | -1.1 | 10,306 | -1.0 | ![](/icons/ecblank.gif) |
![](/icons/ecblank.gif) | November | 10,109 | -1.6 | 10,111 | -1.7 | 10,122 | -1.8 | ![](/icons/ecblank.gif) |
![](/icons/ecblank.gif) | December | 9,927 | -1.8 | 9,931 | -1.8 | 9,901 | -2.2 | ![](/icons/ecblank.gif) |
2004 | ![](/icons/ecblank.gif) | ![](/icons/ecblank.gif) | ![](/icons/ecblank.gif) | ![](/icons/ecblank.gif) | ![](/icons/ecblank.gif) | ![](/icons/ecblank.gif) | ![](/icons/ecblank.gif) |
![](/icons/ecblank.gif) | January | 9,742 | -1.9 | 9,752 | -1.8 | 9,652 | -2.5 | ![](/icons/ecblank.gif) |
![](/icons/ecblank.gif) | February | 9,559 | -1.9 | 9,590 | -1.7 | 9,403 | -2.6 | ![](/icons/ecblank.gif) |
![](/icons/ecblank.gif) | March | - | - | 9,444 | -1.5 | 9,162 | -2.6 | ![](/icons/ecblank.gif) |
| ![](/icons/ecblank.gif) |
- nil or rounded to zero (including null cells) |
![](/icons/ecblank.gif) | ![](/icons/ecblank.gif) | ![](/icons/ecblank.gif) | ![](/icons/ecblank.gif) | ![](/icons/ecblank.gif) | ![](/icons/ecblank.gif) | ![](/icons/ecblank.gif) | ![](/icons/ecblank.gif) | ![](/icons/ecblank.gif) |
|
OTHER DWELLINGS
| ![](/icons/ecblank.gif) |
![](/icons/ecblank.gif) |
![](/icons/ecblank.gif) | ![](/icons/ecblank.gif) | ![](/icons/ecblank.gif) | ![](/icons/ecblank.gif) | WHAT IF NEXT MONTH‘S SEASONALLY ADJUSTED ESTIMATE:
| ![](/icons/ecblank.gif) |
![](/icons/ecblank.gif) | ![](/icons/ecblank.gif) | TREND AS PUBLISHED
| (1) rises by 13% on Feb 2004
| (2) falls by 13% on Feb 2004
| ![](/icons/ecblank.gif) |
![](/icons/ecblank.gif) | ![](/icons/ecblank.gif) | no. | % change | no. | % change | no. | % change | ![](/icons/ecblank.gif) |
| ![](/icons/ecblank.gif) |
2003 | ![](/icons/ecblank.gif) | ![](/icons/ecblank.gif) | ![](/icons/ecblank.gif) | ![](/icons/ecblank.gif) | ![](/icons/ecblank.gif) | ![](/icons/ecblank.gif) | ![](/icons/ecblank.gif) |
![](/icons/ecblank.gif) | October | 4,964 | -0.9 | 4,946 | -1.0 | 4,991 | -0.6 | ![](/icons/ecblank.gif) |
![](/icons/ecblank.gif) | November | 4,834 | -2.6 | 4,838 | -2.2 | 4,861 | -2.6 | ![](/icons/ecblank.gif) |
![](/icons/ecblank.gif) | December | 4,702 | -2.7 | 4,771 | -1.4 | 4,711 | -3.1 | ![](/icons/ecblank.gif) |
2004 | ![](/icons/ecblank.gif) | ![](/icons/ecblank.gif) | ![](/icons/ecblank.gif) | ![](/icons/ecblank.gif) | ![](/icons/ecblank.gif) | ![](/icons/ecblank.gif) | ![](/icons/ecblank.gif) |
![](/icons/ecblank.gif) | January | 4,610 | -2.0 | 4,812 | 0.9 | 4,613 | -2.1 | ![](/icons/ecblank.gif) |
![](/icons/ecblank.gif) | February | 4,579 | -0.7 | 4,944 | 2.7 | 4,569 | -1.0 | ![](/icons/ecblank.gif) |
![](/icons/ecblank.gif) | March | - | - | 5,073 | 2.6 | 4,508 | -1.3 | ![](/icons/ecblank.gif) |
| ![](/icons/ecblank.gif) |
- nil or rounded to zero (including null cells) |
![](/icons/ecblank.gif) | ![](/icons/ecblank.gif) | ![](/icons/ecblank.gif) | ![](/icons/ecblank.gif) | ![](/icons/ecblank.gif) | ![](/icons/ecblank.gif) | ![](/icons/ecblank.gif) | ![](/icons/ecblank.gif) | ![](/icons/ecblank.gif) |
|
|