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8731.0 - Building Approvals, Australia, Feb 2006  
Previous ISSUE Released at 11:30 AM (CANBERRA TIME) 31/03/2006   
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FEBRUARY KEY FIGURES

Feb 06
Jan 06 to Feb 06
Feb 05 to Feb 06
no.
% change
% change

TREND
Total dwelling units approved
12 182
-
-6.0
Private sector houses
8 455
0.7
-1.2
Private sector other dwellings
3 455
-1.1
-16.1
SEASONALLY ADJUSTED
Total dwelling units approved
12 213
2.2
-6.3
Private sector houses
8 674
5.2
3.6
Private sector other dwellings
3 343
2.5
-25.9

- nil or rounded to zero (including null cells)

Dwelling units approved, Total number
Graph: Number of dwelling units approved

Private sector houses approved, Total number
Graph: Private sector houses approved



FEBRUARY KEY POINTS


TOTAL DWELLING UNITS

  • The trend for total dwelling approvals was flat in February 2006, after falling for the previous eight months.
  • The seasonally adjusted estimate for total dwelling units approved rose 2.2%, to 12,213, in February 2006.


PRIVATE SECTOR HOUSES
  • The trend estimate of private sector house approvals rose 0.7% in February 2006.
  • The seasonally adjusted estimate for private sector houses approved rose 5.2%, to 8,674, in February 2006. This is the highest level since July 2005.


PRIVATE SECTOR OTHER DWELLING UNITS
  • The trend estimate of private sector other dwellings approved fell 1.1% in February 2006.
  • The seasonally adjusted estimate for private sector other dwellings approved rose 2.5%, to 3,343, in February 2006.


VALUE OF BUILDING APPROVED
  • The trend estimate of the value of total building approved fell 0.6% in February 2006. The value of new residential building rose 0.2%. The value of alterations and additions rose 2.8%. The value of non-residential building approved fell 2.4%, the fourth consecutive fall after nine months of growth.
  • The seasonally adjusted estimate of the value of total building approved rose 13.5%, to $4,883.0m, in February 2006. The value of new residential building approved rose 6.2%, to $2,480.5m. The value of alterations and additions rose 12.1%, to $524.3m.


NOTES


REVISIONS THIS MONTH

Revisions to Total Dwellings in this issue are:

NSW
Vic.
Qld
SA
WA
Tas.
NT
ACT
TOTAL

2004-05
-
-
20
3
-
-
-
-
23
2005-06
24
-31
85
-62
-3
-
-
21
34
TOTAL
24
-31
105
-59
-3
-
-
21
57


Revisions to the value of two non-residential building approvals added $60m to New South Wales in December 2005 and $53.8m to Victoria in November 2005.



RECENT CHANGES

Changes to the Time Series Spreadsheets: Please note that the start date period for selected Excel time series spreadsheets for Building Approvals, Australia (cat. no. 8731.0) have been extended as outlined in the table below. These changes took effect from the January 2006 issue.


Note: not all series in the table go back to the earliest start date.

Table number
Old start date
New start date

2-8
September 1984
July 1983
11
September 1984
January 1956
12-19
September 1984
July 1970
20-21
September 1984
January 1956
22
September 1985
January 1965
23-28
September 1985
January 1956
29
September 1985
January 1965
30-34
September 1984
July 1970
35-37
September 1985
July 1970
38
September 1984
January 1956
39
September 1984
July 1973
40
September 1985
July 1973
41
September 1984
July 1970
42
September 1984
January 1961
43-50
September 1984
July 1970
75-82
September 1985
September 1985
83
September 1984
January 1965
84-91
September 1984
July 1970



INQUIRIES

For further information about these and related statistics, contact the National Information and Referral Service on 1300 135 070 or Paul Pamment on Adelaide (08) 8237 7499.



VALUE OF BUILDING APPROVED


NEW RESIDENTIAL BUILDING

The trend estimate of the value of new residential building is now showing small rises for the last two months 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 buildings rose 2.8% in February 2006.

Graph: Alterations and additions to residential buildings



NON-RESIDENTIAL BUILDING

The trend estimate of the value of non-residential building fell 2.4% in February 2006.

Graph: Trend value of non-residential building approved



DWELLINGS APPROVED


TOTAL DWELLING UNITS

Following eight months of decline, the trend estimate for total dwelling units approved has flattened in February 2006.

Graph: Total dwelling units approved



PRIVATE SECTOR HOUSES

The trend estimate for private sector houses approved is now showing small rises over the last two months after falls in the previous six.

Graph: Private sector houses approved



PRIVATE SECTOR OTHER DWELLINGS

The trend estimate for private sector other dwellings approved has generally been falling for the last ten months. The trend fell 1.1% in February 2006.

Graph: Private sector other dwellings approved



DWELLING UNITS APPROVED STATES AND TERRITORIES


SUMMARY COMMENTS

The trend estimate for total dwelling units approved was flat in February 2006. The trend fell in New South Wales (-1.9%), Queensland (-0.9%) and the Northern Territory (-10.8%) and rose in all other states and territories.


The trend estimate for private sector houses approved rose 0.7% in February 2006. The trend rose in Victoria (0.9%), Queensland (0.8%) and Western Australia (1.3%) but fell in New South Wales (-0.2%) and South Australia (-0.6%).

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

Original

Dwelling units approved
Private sector houses (no.)
1 133
2 414
2 086
597
1 792
160
77
83
8 342
Total dwelling units (no.)
2 307
2 936
2 853
841
2 011
173
84
245
11 450
Percentage change from previous month
Private sector houses (%)
13.3
34.6
39.8
16.4
16.4
-3.0
108.1
102.4
26.8
Total dwelling units (%)
13.0
23.2
39.6
9.8
-0.8
-8.5
21.7
271.2
19.4

Seasonally Adjusted

Dwelling units approved
Private sector houses (no.)
1 182
2 487
2 151
621
1 896
na
na
na
8 674
Total dwelling units (no.)
2 357
3 113
3 086
1 041
2 095
197
na
na
12 213
Percentage change from previous month
Private sector houses (%)
-3.6
3.2
18.3
-6.3
3.9
na
na
na
5.2
Total dwelling units (%)
-8.1
6.2
21.5
17.8
-21.0
-4.4
na
na
2.2

Trend

Dwelling units approved
Private sector houses (no.)
1 164
2 445
1 994
644
1 877
na
na
na
8 455
Total dwelling units (no.)
2 541
3 040
2 827
936
2 363
198
83
194
12 182
Percentage change from previous month
Private sector houses (%)
-0.2
0.9
0.8
-0.6
1.3
na
na
na
0.7
Total dwelling units (%)
-1.9
0.5
-0.9
2.1
1.3
-
-10.8
7.8
-

- nil or rounded to zero (including null cells)
na not available



DWELLING UNITS APPROVED


STATE TRENDS


NEW SOUTH WALES

Graph: Dwelling units approved - NSW



The trend estimate for total dwelling units approved in New South Wales has been in decline for the past thirteen months. The trend for private sector houses has fallen for the past eight months.



VICTORIA

Graph: Dwelling units approved - VIC



The trend estimate for total dwelling units approved in Victoria is now showing small rises over recent months. The trend for private sector houses has also risen for the last three months.



QUEENSLAND

Graph: Dwelling units approved - Qld



The trend estimate for total dwelling units approved in Queensland has been in decline for the past eight months, although the rate of decline has slowed. The trend for private sector houses is now showing a rise for the last two months.



SOUTH AUSTRALIA

Graph: Dwelling units approved - SA



The trend estimate for total dwelling units approved in South Australia has been increasing since January 2005. The trend for private sector houses is showing falls for the last three months.



WESTERN AUSTRALIA

Graph: Dwelling units approved - WA



The trend estimate for total dwelling units approved in Western Australia has risen for the past seven months. The trend for private sector houses has risen for the past eight months.

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