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FEBRUARY KEY FIGURES

	Feb 05	Jan 05 to Feb 05	Feb 04 to Feb 05
	no.	% change	% change
Trend
Total dwelling units approved	12,805	0.6	-12.6
Private sector houses	8,551	-0.1	-12.0
Private sector other dwellings	3,967	3.3	-14.4
Seasonally Adjusted
Total dwelling units approved	13,127	-0.5	-10.1
Private sector houses	8,543	-3.4	-10.6
Private sector other dwellings	4,451	11.5	-6.8

Dwelling units approved, Total number

Private sector houses approved, Total number

FEBRUARY KEY POINTS


TOTAL DWELLING UNITS

• The trend for total dwelling approvals rose 0.6% in February 2005.
• The seasonally adjusted estimate for total dwelling units approved fell 0.5%, to 13,127, in February 2005.

• The trend estimate of private sector house approvals has fallen for the past seventeen months, with the rate of decline slowing in recent months. The trend estimate was relatively flat (-0.1%) in February 2005.
• The seasonally adjusted estimate for private sector houses approved fell 3.4%, to 8,543, in February 2005.

• The trend estimate for private sector other dwellings approved rose 3.3% in February 2005, the third consecutive monthly rise.
• The seasonally adjusted estimate for private sector other dwellings approved rose 11.5%, to 4,451, in February 2005. This follows a fall of 10.7% in January.

• The seasonally adjusted estimate of the value of total building approved rose 8.4%, to $4,643.7m, in February 2005. The value of new residential building approved rose 5.7%, to $2,587.4m.

REVISIONS THIS MONTH

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

	2003-04	2004-05	TOTAL
New South Wales	-	-91	-91
Victoria	-	-4	-4
Queensland	1	-66	-65
South Australia	-5	1	-4
Western Australia	1	2	3
Tasmania	-	1	1
Northern Territory	-	-	-
Australian Capital Territory	-	-	-
TOTAL	-3	-157	-160

One missing permit added to August 2004 data contributed to a large revision to the value of building approved. This was a $34m non-residential building in Queensland.

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.

A $208m public sector, non-residential approval in Australia's External Territories has been included in this month's data for Western Australia. (See paragraph 25 of the Explanatory Notes for more information.)

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 four months after six months of decline. The trend rose 1.4% in February 2005.

The trend estimate for private sector houses approved was relatively flat (-0.1%) in February 2005. The trend rose in New South Wales (+0.4%), Victoria (+0.6%) and Western Australia (+1.6%), but fell in Queensland (-2.2%) and South Australia (-1.3%).

		NSW	Vic.	Qld	SA	WA	Tas.	NT	ACT	Aust.
Original
Dwelling units approved
	Private sector houses (no.)	1,504	2,354	1,845	581	1,540	169	47	47	8,087
	Total dwelling units (no.)	3,177	3,135	2,707	766	1,986	190	156	47	12,164
Percentage change from previous month
	Private sector houses (%)	19.0	26.4	18.9	23.6	1.9	4.3	113.6	67.9	17.7
	Total dwelling units (%)	37.8	35.2	5.6	-22.0	18.9	-1.6	90.2	-90.2	14.8
Seasonally Adjusted
Dwelling units approved
	Private sector houses (no.)	1,613	2,440	1,898	602	1,709	na	na	na	8,543
	Total dwelling units (no.)	3,818	3,221	2,760	787	2,130	214	na	na	13,127
Percentage change from previous month
	Private sector houses (%)	1.8	-7.1	-3.6	-9.2	-1.7	na	na	na	-3.4
	Total dwelling units (%)	21.2	4.5	-8.0	-33.0	8.1	-6.1	na	na	-0.5
Trend
Dwelling units approved
	Private sector houses (no.)	1,571	2,437	1,917	655	1,699	na	na	na	8,551
	Total dwelling units (no.)	3,359	3,098	2,946	820	2,029	231	73	248	12,805
Percentage change from previous month
	Private sector houses (%)	0.4	0.6	-2.2	-1.3	1.6	na	na	na	-0.1
	Total dwelling units (%)	5.3	-1.8	-2.6	-0.2	2.2	-1.7	-9.9	7.4	0.6
na not available