1345.4 - SA Stats, Aug 2007  
Previous ISSUE Released at 11:30 AM (CANBERRA TIME) 28/08/2007   
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Image: Production PRODUCTION

BUILDING APPROVALS

In March 2007, the total number (in trend terms) of dwelling units approved in South Australia was 893. This continues the steady recovery from September 2006 when approvals were at the lowest level (849) since March 2006. Nationally, the total number (in trend terms) of dwelling units approved was 12,162. This was the lowest number of approvals since September 2000 (9,270 approvals), and continues the downward trend from the peak in July 2006 (13,104 approvals).

The trend estimate for South Australian private sector house approvals rose for each of the last eight months to January 2007 (673 approvals) but fell very slightly (to 671) in March 2007.

DWELLING UNITS APPROVED, Trend, South Australia
Graph: Dwelling Units Approved, Trend, South Australia
Source: Building Approvals, Australia (cat. no. 8731.0)


In March 2007, the total value (in trend terms) of building approvals was $245.1m for South Australia and $5,550.2m for Australia.

VALUE OF BUILDING APPROVED, Trend, South Australia
Graph: Value of Building Approved, Trend, South Australia
Source: Building Approvals, Australia (cat. no. 8731.0)