MARCH KEY FIGURES
| | Mar 12 | Feb 12 to Mar 12 | Mar 11 to Mar 12 |
| | no. | % change | % change |
|
TREND | | | |
| Total dwelling units approved | 11 298 | 0.3 | -14.1 |
| Private sector houses | 7 434 | - | -7.1 |
| Private sector dwellings excluding houses | 3 692 | 0.8 | -23.3 |
SEASONALLY ADJUSTED | | | |
| Total dwelling units approved | 11 501 | 7.4 | -15.0 |
| Private sector houses | 7 518 | 3.9 | -6.9 |
| Private sector dwellings excluding houses | 3 815 | 15.5 | -23.6 |
|
- nil or rounded to zero (including null cells) |
Dwelling units approved
| Private sector houses approved
|
MARCH KEY POINTS
TOTAL DWELLING UNITS
- The trend estimate for total dwellings approved rose 0.3% in March after falling for 15 months.
- The seasonally adjusted estimate for total dwellings approved rose 7.4% in March following a fall of 8.8% in the previous month.
PRIVATE SECTOR HOUSES
- The trend estimate for private sector houses approved was flat in March.
- The seasonally adjusted estimate for private sector houses rose 3.9% in March following a fall of 4.0% in the previous month.
PRIVATE SECTOR DWELLINGS EXCLUDING HOUSES
- The trend estimate for private sector dwellings excluding houses rose 0.8% in March after falling for 14 months.
- The seasonally adjusted estimate for private sector dwellings excluding houses rose 15.5% in March following a fall of 17.3% in the previous month.
VALUE OF BUILDING APPROVED
- The trend estimate of the value of total building approved fell 0.1% in March and has fallen for 15 months. The value of residential building rose 0.9% after falling for 16 months. The value of non-residential building fell 1.6% and has fallen for 8 months.
- The seasonally adjusted estimate of the value of total building approved fell 8.9% in March and has fallen for 2 months. The value of residential building rose 1.3% while the value of non-residential building fell 23.4%.
NOTES
FORTHCOMING ISSUES
ISSUE | Release Date |
March 2012 (Additional Information) | 11 May 2012 |
April 2012 | 31 May 2012 |
April 2012 (Additional Information) | 7 June 2012 |
May 2012 | 3 July 2012 |
May 2012 (Additional Information) | 10 July 2012 |
June 2012 | 31 July 2012 |
June 2012 (Additional Information) | 7 August 2012 |
July 2012 | 30 August 2012 |
July 2012 (Additional Information) | 7 September 2012 |
CHANGES IN THIS ISSUE
There are no changes in this issue.
DATA NOTES
The trend estimates should be interpreted with caution as the underlying behaviour of building approvals may be affected by initiatives within the Government stimulus package, which included the "Building the Education Revolution" (BER) program and the Social Housing Initiative as well as other developments associated with global economic conditions. From June 2009 to February 2010 BER impacts were quantified and removed from the trend estimates because of their short term nature. From April 2010 these impacts are no longer removed from the trend estimates as their effect has significantly declined. For more details on trend estimates, please see paragraphs 19 to 21 of the explanatory notes.
REVISIONS THIS MONTH
Revisions to the total number of dwelling units approved in this issue are:
| 2010-11 | 2011-12 | TOTAL |
|
NSW | - | 13 | 13 |
Vic. | - | 1 | 1 |
Qld | 36 | 24 | 60 |
SA | - | -1 | -1 |
WA | -1 | 14 | 13 |
Tas. | - | - | - |
NT | - | - | - |
ACT | - | 32 | 32 |
Total | 35 | 83 | 118 |
|
INQUIRIES
For further information about these and related statistics, contact the National Information and Referral Service on 1300 135 070.