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JANUARY KEY FIGURES

	Jan 05	Dec 04 to Jan 05	Jan 04 to Jan 05
	no.	% change	% change
Trend
Total dwelling units approved	12,602	-	-14.4
Private sector houses	8,592	-	-12.8
Private sector other dwellings	3,615	0.3	-20.7
Seasonally Adjusted
Total dwelling units approved	13,246	1.7	-9.0
Private sector houses	8,881	8.4	-8.9
Private sector other dwellings	4,007	-10.1	-11.4
- nil or rounded to zero (including null cells)

Dwelling units approved, Total number

Private sector houses approved, Total number

JANUARY KEY POINTS


TOTAL DWELLING UNITS

• The trend estimate for total dwellings has flattened, with the estimate for January 2005 virtually unchanged from December 2004. This follows eight months of decline.
• The seasonally adjusted estimate for total dwelling units approved rose 1.7%, to 13,246, in January 2005.

• Following falls over the previous fifteen months, the trend estimate for private sector houses was flat in January 2005.
• The seasonally adjusted estimate for private sector houses approved rose 8.4%, to 8,881, in January 2005, following a fall of 6.8% in December 2004.

• The trend estimate for private sector other dwellings approved rose marginally (+0.3%) in January 2005, after seven months of decline.
• The seasonally adjusted estimate for private sector other dwellings approved fell 10.1%, to 4,007, in January 2005, following a rise of 27.5% in December 2004.

• The seasonally adjusted estimate of the value of total building approved rose 0.8%, to $4,258.6m, in January 2005. The value of new residential building approved fell 3.8%, to $2,448.7m.

REVISIONS THIS MONTH

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

	2003-04	2004-05	TOTAL
New South Wales	161	-9	152
Victoria	15	-6	9
Queensland	39	14	53
South Australia	-	-106	-106
Western Australia	-	29	29
Tasmania	-	-1	-1
Northern Territory	-	1	1
Australian Capital Territory	-	-20	-20
TOTAL	215	-98	117

A previously unreported approval has resulted in an increase of $77m to non-residential building in Queensland for December 2004.

DATA NOTES

Estimates have been included in this issue for three councils unable to report all building work approved in their municipalities this month (Campbelltown and Canada Bay in New South Wales, and Pine Rivers in Queensland).

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 three months after six months of decline. The trend rose 1.0% in January 2005.

The trend estimate for private sector houses approved was flat in January 2005. The trend continued to fall in New South Wales (-1.1%), Victoria (-0.1%) and Queensland (-1.6%) but rose in South Australia (+2.0%) and Western Australia (+2.8%).

		NSW	Vic.	Qld	SA	WA	Tas.	NT	ACT	Aust.
Original
Dwelling units approved
	Private sector houses (no.)	1,206	1,864	1,615	470	1,512	162	22	28	6,879
	Total dwelling units (no.)	2,314	2,315	2,627	982	1,671	193	82	481	10,665
Percentage change from previous month
	Private sector houses (%)	-20.6	-7.3	-4.7	-35.1	-1.4	-19.4	-15.4	-61.1	-11.6
	Total dwelling units (%)	-26.3	-18.7	-14.3	11.6	-14.5	-25.5	-2.4	-11.6	-16.5
Seasonally Adjusted
Dwelling units approved
	Private sector houses (no.)	1,517	2,634	2,034	681	1,751	na	na	na	8,881
	Total dwelling units (no.)	3,111	3,085	3,067	1,193	1,983	227	na	na	13,246
Percentage change from previous month
	Private sector houses (%)	-0.2	22.3	7.0	-4.8	9.1	na	na	na	8.4
	Total dwelling units (%)	4.2	3.2	-7.3	36.8	-0.3	-8.1	na	na	1.7
Trend
Dwelling units approved
	Private sector houses (no.)	1,508	2,427	2,015	694	1,675	na	na	na	8,592
	Total dwelling units (no.)	2,907	3,144	3,147	836	1,929	242	84	313	12,602
Percentage change from previous month
	Private sector houses (%)	-1.1	-0.1	-1.6	2.0	2.8	na	na	na	-
	Total dwelling units (%)	0.8	-2.3	-0.7	0.5	0.4	0.4	-7.7	30.4	-
- nil or rounded to zero (including null cells)
na not available