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8731.0 - Building Approvals, Australia, Nov 2003  
Previous ISSUE Released at 11:30 AM (CANBERRA TIME) 07/01/2004   
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NOVEMBER KEY FIGURES

Nov 03
Oct 03 to Nov 03
Nov 02 to Nov 03
no.
% change
% change

Trend

Dwelling units approved
Private sector houses
10,400
-0.2
11.7
Total dwelling units
15,618
0.3
5.2

Seasonally Adjusted

Dwelling units approved
Private sector houses
10,252
-1.2
12.5
Total dwelling units
14,913
-6.7
3.9



Dwelling units approved, Total number
Graph - Dwelling units approved, Total number

Private sector houses approved, Total number
Graph - Private sector houses appoved, total number



NOVEMBER KEY POINTS


TREND ESTIMATES

  • The trend estimate for total dwelling units approved has now risen for nine consecutive months, however the rate of growth has slowed significantly in the last two months. The trend estimate rose 0.3% in November 2003.
  • The trend estimate for private sector houses approved fell 0.2% in November 2003, following nine months of growth.
  • The trend estimate for other dwellings approved rose 1.4% in November 2003, the sixth consecutive monthly rise. The rate of growth has slowed over recent months.


SEASONALLY ADJUSTED ESTIMATES
  • The seasonally adjusted estimate for total dwelling units approved fell 6.7%, to 14,913, in November 2003.
  • The seasonally adjusted estimate for private sector houses approved fell 1.2%, to 10,252, in November 2003.
  • The seasonally adjusted estimate for other dwellings approved fell 17.0%, to 4,559, in November 2003.
  • The seasonally adjusted estimate for total dwellings fell in all states and territories except Queensland (+11.1%) and Tasmania (+27.2%).
  • The seasonally adjusted estimate of the value of total building approved fell 21.5%, to $3,649.9 million, in November 2003. Residential building fell 10.0%, to $2,849.8 million, and non-residential building fell 46.0%, to $800.1 million, the lowest level since February 2000 ($780.6 million).


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:
2002-03
2003-04
TOTAL

New South Wales
83
124
207
Victoria
-
-86
-86
Queensland
182
-21
161
South Australia
4
121
125
Western Australia
-
10
10
Tasmania
-
24
24
Northern Territory
-
-
-
Australian Capital Territory
-
-
-
TOTAL
269
172
441




DATA NOTES

There are no notes about the data this issue.


Inquiries

For further information about these and related statistics, contact the National Information and Referral Service on 1300 135 070 or Andrea Woods on Adelaide 0882377350.


VALUE OF BUILDING APPROVED

NEW RESIDENTIAL BUILDING

The trend estimate of the value of new residential building has risen for the last nine months, although the rate of growth has slowed significantly over recent months. The trend rose 0.4% in November 2003.

Graph - Value of building approved, New residential building


ALTERATIONS AND ADDITIONS TO RESIDENTIAL BUILDING

The trend estimate of the value of alterations and additions to residential building has risen for the last twelve months. The trend rose 0.5% in November 2003.

Graph - Value of building approved, Alterations and additions to residential building


NON-RESIDENTIAL BUILDING

The tend estimate of the value of non-residential building approved is now showing falls for the last four months, following four months of growth. The trend fell 6.9% in November 2003.

Graph - Value of building approved, Non-residential building



DWELLINGS APPROVED

TOTAL DWELLING UNITS

While the trend estimate for total dwelling units approved has risen for the last nine months, the rate of growth has slowed significantly over recent months. The trend rose 0.3% in November 2003.

Graph -  Dwellings approved, Total dwelling units


PRIVATE SECTOR HOUSES

The trend estimate for private sector houses approved fell 0.2% in November 2003, following nine months of growth.

Graph -  Dwellings approved, Private sector houses


OTHER DWELLINGS

The trend estimate for other dwellings approved has risen for the last six months, following seven months of decline. The trend rose 1.4% in November 2003.

Graph -  Dwellings approved, Other dwellings



DWELLING UNITS APPROVED, STATES AND TERRITORIES

SUMMARY COMMENTS

The trend estimate for total dwelling units approved rose 0.3% in November 2003. The trend rose in Victoria, Western Australia, Tasmania and the Northern Territory, falling in other states and the Australian Capital Territory.


The trend estimate for private sector houses approved fell 0.2% in November 2003. The trend fell in New South Wales, Victoria and South Australia, rising in Queensland and Western Australia.

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

Original

Dwelling units approved
Private sector houses (no.)
2,008
2,901
2,410
692
1,596
244
21
120
9,992
Total dwelling units (no.)
3,757
3,542
3,682
832
2,001
325
50
125
14,314
Percentage change from previous month
Private sector houses (%)
-4.7
-11.4
-5.4
-8.8
-19.1
11.4
-47.5
-34.1
-10.0
Total dwelling units (%)
-9.8
-31.1
-2.5
-33.5
-16.9
36.6
-52.4
-74.2
-18.5

Seasonally Adjusted

Dwelling units approved
Private sector houses (no.)
1,905
3,118
2,566
714
1,574
na
na
na
10,252
Total dwelling units (no.)
3,617
4,000
3,856
899
2,046
291
na
na
14,913
Percentage change from previous month
Private sector houses (%)
-2.3
3.1
6.1
-4.9
-14.1
na
na
na
-1.2
Total dwelling units (%)
-4.2
-12.6
11.1
-21.9
-10.7
27.2
na
na
-6.7

Trend

Dwelling units approved
Private sector houses (no.)
1,984
3,055
2,565
745
1,670
na
na
na
10,400
Total dwelling units (no.)
3,868
4,040
3,785
963
2,119
254
93
153
15,618
Percentage change from previous month
Private sector houses (%)
-1.1
-0.2
0.2
-1.0
1.7
na
na
na
-0.2
Total dwelling units (%)
-1.9
0.7
-0.4
-0.1
2.3
0.8
0.4
-2.1
0.3

na not available
DWELLING UNITS APPROVED

STATE TRENDS

NEW SOUTH WALES

The trend estimate for total dwelling units approved in New South Wales has now fallen for three months, following four months of growth. The trend for private sector houses has now fallen for four months.

Graph - Dwelling units approved, State trend, New South Wales


VICTORIA

The trend estimate for total dwelling units approved in Victoria has risen for the last ten months. The trend for private sector houses has now fallen for two months.

Graph - Dwelling units approved, State trend, Victoria


QUEENSLAND

The trend estimate for total dwelling units approved in Queensland fell in November 2003 after seven months of growth. The trend for private sector houses has risen for the last ten months.

Graph - Dwelling units approved, State trend, Queensland


SOUTH AUSTRALIA

The trend estimate for total dwelling units approved fell in November 2003, after six months of growth. The trend for private sector houses has now fallen for two months, after seven months of growth.

Graph - Dwelling units approved, State trend, South Australia


WESTERN AUSTRALIA

The trend estimate for total dwelling units approved has risen for the last seven months. The trend for private sector houses has risen for the last eleven months.

Graph - Dwelling units approved, State trend, Western Australia



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