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8731.0 - Building Approvals, Australia, Dec 2004  
Previous ISSUE Released at 11:30 AM (CANBERRA TIME) 03/02/2005   
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DECEMBER KEY FIGURES

Dec 04
Nov 04 to Dec 04
Dec 03 to Dec 04
no.
% change
% change

Trend

Total dwelling units approved
12,415
-1.1
-16.4
Private sector houses
8,435
-1.1
-15.8
Private sector other dwellings
3,557
-1.5
-21.6

Seasonally Adjusted

Total dwelling units approved
13,060
2.7
-11.3
Private sector houses
8,217
-5.6
-19.8
Private sector other dwellings
4,464
27.0
10.1

Dwelling units approved
Graph: Number of dwelling units approved

Private sector houses approved
Graph: Private sector houses approved



DECEMBER KEY POINTS


TOTAL DWELLING UNITS

  • The trend estimate for total dwelling units approved fell 1.1% in December 2004. The trend has fallen for the last eight months.
  • The seasonally adjusted estimate for total dwelling units approved rose 2.7%, to 13,060, in December 2004.


PRIVATE SECTOR HOUSES
  • The trend estimate for private sector houses approved fell 1.1% in December 2004. The trend has now fallen for fifteen consecutive months.
  • The seasonally adjusted estimate for private sector houses approved fell 5.6%, to 8,217, in December 2004. This is the lowest estimate since May 2001.


PRIVATE SECTOR OTHER DWELLING UNITS
  • The trend estimate for private sector other dwellings approved fell 1.5% in December 2004. The trend has fallen for the last seven months, although the rate of decline slowed in December 2004.
  • The seasonally adjusted estimate for private sector other dwellings approved rose 27.0%, to 4,464, in December 2004. This rise only partially offsets the declines of the previous six months. Some large approvals in New South Wales, Queensland and the Australian Capital Territory contributed to the increase.


VALUE OF BUILDING APPROVED
  • The seasonally adjusted estimate of the value of total building approved fell 1.4%, to $4,134.4m, in December 2004. The value of new residential building approved rose 8.0%, to $2,541.6m.


NOTES


CHANGES IN THIS ISSUE

There are no changes in this issue.



REVISIONS THIS MONTH

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

2003-04
2004-05
TOTAL

New South Wales
9
4
13
Victoria
-2
-33
-35
Queensland
3
-69
-66
South Australia
-1
6
5
Western Australia
-1
-1
-2
Tasmania
-
-
-
Northern Territory
-1
-
-1
Australian Capital Territory
-
-
-
TOTAL
7
-93
-86


A downward revision of $100m in September 2004 for non-residential building in Victoria was made when further investigation identified this work as engineering construction activity.



DATA NOTES

Estimates have been included in this issue for two councils unable to report all building work approved in their municipalities this month (Campbelltown in New South Wales and Light in South 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


SUMMARY COMMENTARY

VALUE OF BUILDING APPROVED

NEW RESIDENTIAL BUILDING

The trend estimate of the value of new residential building rose 0.5% in December 2004, after seven months of decline.

Graph: New residential building


ALTERATIONS AND ADDITIONS TO RESIDENTIAL BUILDING

The trend estimate of the value of alterations and additions to residential building is now relatively flat after five months of decline. The trend rose 0.2% in December 2004.

Graph: Alterations and additions to residential buildings


NON-RESIDENTIAL BUILDING

The trend estimate of the value of non-residential building is now showing four months of decline, falling 1.8% in December 2004.

Graph: Non-residential building


DWELLINGS APPROVED

TOTAL DWELLING UNITS

The trend estimate for total dwelling units approved is showing a decline over the last eight months.

Graph: Total dwelling units approved


PRIVATE SECTOR HOUSES

The trend estimate for private sector houses approved has shown a decline for the last fifteen months. The trend fell 1.1% in December 2004.

Graph: Private sector houses approved


PRIVATE SECTOR OTHER DWELLINGS

The trend estimate for private sector other dwellings approved has fallen for the past seven months, with the decline slowing in recent months. The trend fell 1.5% in December 2004.

Graph: Private sector other dwellings approved


DWELLING UNITS APPROVED - STATES AND TERRITORIES

SUMMARY COMMENTS

The trend estimate for total dwelling units approved fell 1.1% in December 2004. The trend fell in all states and territories except Tasmania (+4.2%) and the Australian Capital Territory (+19.8%).


The trend estimate for private sector houses approved fell 1.1% in December 2004. The trend fell in New South Wales (-1.9%), Victoria (-2.5%) and Queensland (-1.5%). These falls were partially offset by rises in South Australia (+1.1%) and Western Australia (+1.6%).

NSW
Vic.
Qld
SA
WA
Tas.
NT
ACT
Aust.

Original

Dwelling units approved
Private sector houses (no.)
1,515
2,011
1,686
719
1,531
201
26
72
7,761
Total dwelling units (no.)
3,143
2,847
3,058
874
1,951
259
114
544
12,790
Percentage change from previous month
Private sector houses (%)
-15.7
-24.9
-20.8
-2.0
-8.5
-6.9
-7.1
18.0
-16.7
Total dwelling units (%)
6.0
-19.6
-2.2
-3.1
1.4
-4.4
28.1
98.5
-2.3

Seasonally Adjusted

Dwelling units approved
Private sector houses (no.)
1,534
2,186
1,924
721
1,554
na
na
na
8,217
Total dwelling units (no.)
2,966
3,022
3,331
876
1,949
252
na
na
13,060
Percentage change from previous month
Private sector houses (%)
-2.1
-13.3
-8.8
6.1
0.6
na
na
na
-5.6
Total dwelling units (%)
0.8
-10.7
6.1
3.4
8.8
-
na
na
2.7

Trend

Dwelling units approved
Private sector houses (no.)
1,525
2,326
2,055
681
1,555
na
na
na
8,435
Total dwelling units (no.)
2,776
3,254
3,204
820
1,875
250
97
139
12,415
Percentage change from previous month
Private sector houses (%)
-1.9
-2.5
-1.5
1.1
1.6
na
na
na
-1.1
Total dwelling units (%)
-2.3
-1.3
-1.6
-1.6
-0.5
4.2
-4.9
19.8
-1.1

- nil or rounded to zero (including null cells)
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 nine months. The trend for private sector houses is showing declines for the last sixteen months.

Graph: Dwelling units approved - NSW


VICTORIA

The trend estimate for total dwelling units in Victoria is showing a decline over the past fifteen months. The trend for private sector houses shows a decline over the past sixteen months.

Graph: Dwelling units approved - VIC


QUEENSLAND

The trend estimate for total dwelling units approved in Queensland is showing a general decline over the last fifteen months. The trend for private sector houses is now showing a decline over the last fourteen months.

Graph: Dwelling units approved - Qld


SOUTH AUSTRALIA

The trend estimate for total dwelling units approved in South Australia shows a steady decline over the past six months. The trend for private sector houses is now showing a rise over the past three months.

Graph: Dwelling units approved - SA


WESTERN AUSTRALIA

The trend estimate for total dwelling units approved in Western Australia shows a decline over the past seven months. The trend for private sector houses shows a rise over the past five months.

Graph: Dwelling units approved - WA

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