Apartment approvals drive July increase

Media Release

Released

2/09/2024

Source

Building Approvals, Australia, July 2024

The total number of dwellings approved rose 10.4 per cent in July to 14,797, after a 6.4 per cent June decrease, according to seasonally adjusted data released today by the Australian Bureau of Statistics (ABS).

Daniel Rossi, ABS head of construction statistics, said: "Private dwellings excluding houses rose 32.1 per cent after a low June result. Private sector house approvals also rose by 0.6 per cent. Despite the bounce in July, total dwellings approved remain 5.1 per cent lower than the five year average."

Dwelling units approved, by building type, seasonally adjusted
	Total dwellings	Private sector houses	Private sector dwellings excluding houses
Jul-09	13,090	8,941	3,415
Aug-09	12,885	9,415	2,741
Sep-09	13,928	9,510	3,793
Oct-09	13,632	9,915	2,953
Nov-09	15,019	9,919	3,586
Dec-09	15,127	9,988	3,629
Jan-10	15,019	9,985	3,258
Feb-10	15,513	9,985	3,526
Mar-10	16,849	9,935	4,635
Apr-10	16,014	9,571	4,792
May-10	15,087	9,308	4,475
Jun-10	14,508	9,128	4,594
Jul-10	15,460	8,909	5,508
Aug-10	15,163	8,688	5,431
Sep-10	13,649	8,495	4,443
Oct-10	15,450	8,562	6,214
Nov-10	14,200	8,386	5,198
Dec-10	14,877	8,483	5,678
Jan-11	13,267	8,348	4,586
Feb-11	12,980	8,294	4,346
Mar-11	13,967	8,187	5,311
Apr-11	13,911	8,141	5,516
May-11	12,819	8,011	4,518
Jun-11	12,709	8,023	4,316
Jul-11	13,176	7,662	4,991
Aug-11	14,754	7,772	6,564
Sep-11	12,339	7,764	4,330
Oct-11	11,443	7,282	3,960
Nov-11	11,695	7,613	3,870
Dec-11	11,753	7,691	3,925
Jan-12	11,251	7,794	3,243
Feb-12	11,701	7,360	4,184
Mar-12	11,774	7,512	4,081
Apr-12	10,983	6,828	4,055
May-12	13,976	7,302	6,542
Jun-12	14,988	7,275	7,496
Jul-12	11,809	7,682	3,876
Aug-12	13,201	7,697	5,371
Sep-12	15,434	7,932	7,334
Oct-12	14,137	7,827	5,843
Nov-12	13,954	7,709	5,999
Dec-12	14,025	7,774	6,041
Jan-13	12,642	7,812	4,639
Feb-13	13,807	7,772	5,379
Mar-13	13,322	7,963	5,122
Apr-13	15,064	8,153	6,604
May-13	14,290	8,370	5,429
Jun-13	13,844	8,275	5,182
Jul-13	15,111	8,546	6,229
Aug-13	14,916	8,409	6,318
Sep-13	18,577	8,672	9,631
Oct-13	17,503	8,724	8,517
Nov-13	17,298	9,238	7,767
Dec-13	17,036	9,068	7,711
Jan-14	17,667	10,196	7,165
Feb-14	16,904	9,746	6,941
Mar-14	16,059	9,394	6,407
Apr-14	16,297	9,770	6,171
May-14	16,811	9,783	6,801
Jun-14	16,745	9,661	6,753
Jul-14	16,981	9,785	6,953
Aug-14	18,567	9,677	8,636
Sep-14	16,488	9,540	6,714
Oct-14	18,007	9,855	7,962
Nov-14	20,308	9,848	10,241
Dec-14	20,134	9,734	9,953
Jan-15	19,878	9,942	9,611
Feb-15	19,796	9,712	9,737
Mar-15	20,833	9,635	10,877
Apr-15	18,955	9,527	9,111
May-15	20,835	9,550	10,994
Jun-15	19,460	9,908	9,208
Jul-15	19,711	9,739	9,070
Aug-15	19,400	10,075	9,167
Sep-15	20,251	9,819	10,162
Oct-15	21,609	9,738	11,636
Nov-15	18,781	9,647	9,054
Dec-15	20,122	10,289	9,666
Jan-16	18,755	9,842	8,622
Feb-16	19,863	9,817	9,692
Mar-16	20,593	10,253	10,133
Apr-16	20,822	9,997	10,625
May-16	20,317	10,051	9,958
Jun-16	18,664	9,678	8,785
Jul-16	21,452	9,579	11,617
Aug-16	21,859	9,682	11,784
Sep-16	19,319	9,790	9,360
Oct-16	16,555	9,546	6,700
Nov-16	18,303	9,634	8,419
Dec-16	18,434	9,402	8,890
Jan-17	17,080	9,233	7,652
Feb-17	19,024	9,434	9,353
Mar-17	16,423	9,270	6,927
Apr-17	18,227	9,490	8,523
May-17	16,943	9,835	6,947
Jun-17	18,824	9,956	8,654
Jul-17	19,341	10,207	8,666
Aug-17	19,356	10,256	8,922
Sep-17	19,663	10,092	9,320
Oct-17	19,678	10,135	9,219
Nov-17	23,029	10,078	12,789
Dec-17	17,905	10,167	7,581
Jan-18	19,383	9,917	9,195
Feb-18	19,202	10,267	8,627
Mar-18	19,735	10,445	9,135
Apr-18	18,410	10,587	7,627
May-18	17,945	10,015	7,770
Jun-18	19,600	10,202	9,070
Jul-18	18,611	10,154	8,193
Aug-18	16,369	9,917	6,306
Sep-18	16,788	9,646	6,820
Oct-18	17,091	10,021	6,893
Nov-18	15,162	9,356	5,679
Dec-18	14,304	9,073	5,099
Jan-19	14,609	9,397	5,017
Feb-19	16,590	8,920	7,564
Mar-19	15,105	8,479	6,409
Apr-19	14,419	8,606	5,680
May-19	14,409	8,804	5,383
Jun-19	15,051	8,886	5,783
Jul-19	13,512	8,618	4,591
Aug-19	13,837	8,500	5,221
Sep-19	14,699	8,798	5,750
Oct-19	14,247	8,229	5,806
Nov-19	14,901	8,449	6,275
Dec-19	16,071	8,676	7,215
Jan-20	13,397	8,639	4,613
Feb-20	16,318	8,703	7,439
Mar-20	15,400	8,586	6,607
Apr-20	14,921	8,795	5,739
May-20	13,359	8,805	4,261
Jun-20	12,942	8,425	4,135
Jul-20	15,202	9,201	5,674
Aug-20	14,430	9,552	4,704
Sep-20	16,079	10,558	5,136
Oct-20	17,436	11,113	5,982
Nov-20	17,799	11,530	5,936
Dec-20	19,258	13,245	5,768
Jan-21	17,058	12,077	4,648
Feb-21	19,983	13,935	5,646
Mar-21	22,827	14,073	8,305
Apr-21	20,135	13,450	6,433
May-21	20,709	13,729	6,722
Jun-21	19,691	12,451	6,824
Jul-21	18,332	11,933	6,113
Aug-21	18,954	11,825	6,872
Sep-21	18,395	10,532	7,650
Oct-21	16,013	10,326	5,372
Nov-21	16,416	10,355	5,851
Dec-21	17,145	9,932	6,950
Jan-22	13,301	8,756	4,314
Feb-22	18,758	9,827	7,650
Mar-22	15,096	9,707	5,093
Apr-22	15,385	9,732	5,506
May-22	16,492	9,682	6,480
Jun-22	16,650	9,725	6,468
Jul-22	14,382	9,847	4,316
Aug-22	17,358	10,102	6,982
Sep-22	16,854	9,590	7,074
Oct-22	15,305	9,305	5,820
Nov-22	14,961	9,006	5,618
Dec-22	17,392	8,834	7,960
Jan-23	12,205	7,865	4,179
Feb-23	13,581	8,705	4,652
Mar-23	13,160	8,302	4,639
Apr-23	12,883	8,230	4,456
May-23	15,249	8,163	6,882
Jun-23	13,872	8,178	5,161
Jul-23	12,950	8,181	4,517
Aug-23	13,465	8,654	4,626
Sep-23	13,818	8,428	5,141
Oct-23	14,632	8,945	5,525
Nov-23	14,655	8,707	5,765
Dec-23	13,628	8,815	4,517
Jan-24	12,877	7,694	4,960
Feb-24	13,190	8,884	3,957
Mar-24	13,272	9,048	4,064
Apr-24	13,404	8,996	4,111
May-24	14,307	9,172	4,968
Jun-24	13,398	9,199	3,963
Jul-24	14,797	9,252	5,234

Dwelling units approved, by building type, seasonally adjusted

["","Total dwellings","Private sector houses","Private sector dwellings excluding houses"]

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[]

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Private sector houses driven higher by NSW

Private sector house approvals rose 0.6 per cent (to 9,252 dwellings), driven by an 8.5 per cent rise in New South Wales in July.

Approvals across the remaining states were mixed. Queensland and Victoria fell after both states rose in June, while South Australia and Western Australia continued to track upwards. Private house approvals in Western Australia reached the highest level since July 2021, in seasonally adjusted terms.

Private sector dwellings excluding houses bounce from June low

Private sector dwellings excluding houses rose 32.1 per cent (to 5,234 dwellings), to be 15.9 per cent higher than one year ago. The bounce followed a low June result of 3,963 dwellings approved.

The result in July was driven by an increase in approvals for high-density apartments. There were 2,504 apartments approved in nine or more storey blocks in July, in original terms, compared to 533 in June.

Dwellings approved, by state, seasonally adjusted (a)
	Private sector houses	Total dwelling units approved
New South Wales	1,740	3,791
Victoria	2,873	4,691
Queensland	2,097	3,063
South Australia	825	1,145
Western Australia	1,479	1,795

Dwellings approved, by state, seasonally adjusted (a)

["","Private sector houses","Total dwelling units approved"]

[["New South Wales","Victoria","Queensland","South Australia","Western Australia"],[[1740],[2873],[2097],[825],[1479]],[[3791],[4691],[3063],[1145],[1795]]]

[]

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(a) Seasonally adjusted estimates are not published for NT and ACT for all dwelling types. Private sector houses are not published for Tasmania.

Value rise driven by new residential building

The value of total building approved rose 6.8 per cent (to $13.18 billion), following a 6.2 per cent fall in June.

Total residential building rose 9.0 per cent (to $8.49 billion). The primary driver of the rise was in the value of new residential building approved, which rose 11.8 per cent (to $7.38 billion). Alterations and additions fell 6.8 per cent (to $1.11 billion), following an all-time high of $1.19 billion in June, in seasonally adjusted terms.

The value of approved non-residential building rose 3.2 per cent (to $4.69 billion), following a 15.1 per cent decrease in June.

More information is available in Building Approvals, Australia.

Media notes

"Private sector dwellings excluding houses" includes semi-detached, row or terrace houses, townhouses and apartments.
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