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NOVEMBER KEY FIGURES

	Nov 04	Oct 04 to Nov 04	Nov 03 to Nov 04
	no.	% change	% change
TREND
Total dwelling units approved	12,466	-2.1	-17.2
Private sector houses	8,688	-0.3	-14.4
Private sector other dwellings	3,338	-6.9	-27.5
SEASONALLY ADJUSTED
Total dwelling units approved	12,716	-0.3	-12.8
Private sector houses	8,804	0.9	-13.5
Private sector other dwellings	3,419	-5.4	-16.7

Dwelling units approved

Private sector houses approved

NOVEMBER KEY POINTS


TOTAL DWELLING UNITS

• The trend estimate for total dwelling units approved fell 2.1% in November 2004. The trend has fallen for the last seven months.
• The seasonally adjusted estimate for total dwelling units approved fell 0.3%, to 12,716, in November 2004. This is the eighth consecutive monthly fall, with the November estimate being the lowest since June 2001.

• The trend estimate for private sector houses approved fell 0.3% in November 2004. The trend has now fallen for fourteen consecutive months, although the rate of decline has slowed over recent months.
• The seasonally adjusted estimate for private sector houses approved rose 0.9%, to 8,804, in November 2004.

• The trend estimate for private sector other dwellings approved fell 6.9% in November 2004.
• The seasonally adjusted estimate for private sector other dwellings approved fell 5.4%, to 3,419, in November 2004. This is the sixth consecutive monthly decline.

• The seasonally adjusted estimate of the value of total building approved fell 3.8%, to $4,151.1m, in November 2004. The value of new residential building approved fell 1.0%, to $2,350.9m, while the value of residential alterations and additions rose 3.6%, to $413.1m.

REVISIONS THIS MONTH

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

	2003-04	2004-05	TOTAL
New South Wales	-31	-7	-38
Victoria	1	42	43
Queensland	-	33	33
South Australia	-	1	1
Western Australia	24	-141	-117
Tasmania	-	-	-
Northern Territory	-	-	-
Australian Capital Territory	-	-	-
TOTAL	-6	-72	-78

DATA NOTES

Estimates have been included in this issue for four councils unable to report all building work approved in their municipalities this month (Campbelltown in New South Wales, Pine Rivers and Mackay in Queensland, and Swan 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 showing a steady decline over the last seven months, falling 1.0% in November 2004.

DWELLING UNITS APPROVED- STATES AND TERRITORIES

SUMMARY COMMENTS

The trend estimate for total dwelling units approved fell 2.1% in November 2004. The trend fell in all states and territories, except Tasmania, which rose 2.2%.

The trend estimate for private sector houses approved fell 0.3% in November 2004. The trend continued to fall in New South Wales (-2.2%), Victoria (-1.2%) and South Australia (-0.3%). The trend rose in Queensland (+1.3%) and Western Australia (+1.2%) in November 2004, the fourth consecutive monthly rise in both states.

		NSW	Vic.	Qld	SA	WA	Tas.	NT	ACT	Aust.
Original
Dwelling units approved
	Private sector houses (no.)	1,799	2,678	2,195	735	1,699	216	28	61	9,411
	Total dwelling units (no.)	2,966	3,540	3,193	903	1,903	271	89	274	13,139
Percentage change from previous month
	Private sector houses (%)	18.3	7.0	1.8	19.9	16.5	8.0	-36.4	-6.2	9.9
	Total dwelling units (%)	3.6	-1.4	-0.6	1.9	-2.7	4.2	11.3	265.3	1.7
Seasonally Adjusted
Dwelling units approved
	Private sector houses (no.)	1,540	2,563	2,204	663	1,556	na	na	na	8,804
	Total dwelling units (no.)	2,859	3,425	3,234	831	1,760	250	na	na	12,716
Percentage change from previous month
	Private sector houses (%)	-0.4	3.3	-1.8	1.7	3.5	na	na	na	0.9
	Total dwelling units (%)	9.3	-4.0	-2.5	-10.2	-8.4	-3.5	na	na	-0.3
Trend
Dwelling units approved
	Private sector houses (no.)	1,543	2,476	2,197	643	1,532	na	na	na	8,688
	Total dwelling units (no.)	2,740	3,412	3,291	804	1,851	234	97	68	12,466
Percentage change from previous month
	Private sector houses (%)	-2.2	-1.2	1.3	-0.3	1.2	na	na	na	-0.3
	Total dwelling units (%)	-4.5	-0.4	-0.4	-3.5	-2.1	2.2	-13.4	-16.0	-2.1
na not available

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 eight months. The trend for private sector houses is showing declines for the last fifteen months.