|
OCTOBER KEY FIGURES
| Oct 04 | Sep 04 to Oct 04 | Oct 03 to Oct 04 |
| no. | % change | % change |
Trend |
|
Total dwelling units approved | 12,707 | -3.0 | -16.2 |
Private sector houses | 8,596 | -1.3 | -16.2 |
Private sector other dwellings | 3,700 | -7.1 | -20.0 |
Seasonally Adjusted |
|
Total dwelling units approved | 12,621 | -2.4 | -20.9 |
Private sector houses | 8,651 | 1.1 | -15.1 |
Private sector other dwellings | 3,572 | -10.9 | -35.3 |
|
Dwelling units approved, Total number
| Private sector houses approved, Total number
|
OCTOBER KEY POINTS
TOTAL DWELLING UNITS
- The trend estimate for total dwelling units approved fell 3.0% in October 2004. The trend has fallen for the last six months.
- The seasonally adjusted estimate for total dwelling units approved fell 2.4%, to 12,621, in October 2004. This is the seventh consecutive monthly fall, with the October estimate being the lowest since June 2001.
PRIVATE SECTOR HOUSES
- The trend estimate for private sector houses approved fell 1.3% in October 2004. The trend has now fallen for thirteen consecutive months.
- The seasonally adjusted estimate for private sector houses approved rose 1.1%, to 8,651, in October 2004.
PRIVATE SECTOR OTHER DWELLING UNITS
- The trend estimate for private sector other dwellings approved fell 7.1% in October 2004.
- The seasonally adjusted estimate for private sector other dwellings approved fell 10.9%, to 3,572, in October 2004. This is the fifth consecutive monthly decline.
VALUE OF BUILDING APPROVED
- The seasonally adjusted estimate of the value of total building approved rose 5.1%, to $4,290.2m, in October 2004. After four consecutive monthly falls, the value of new residential building approved rose 2.8%, to $2,354.4m, in October 2004.
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 | 229 | 57 | 286 |
Victoria | 7 | -3 | 4 |
Queensland | 30 | -16 | 14 |
South Australia | - | -4 | -4 |
Western Australia | -8 | -37 | -45 |
Tasmania | - | -5 | -5 |
Northern Territory | - | - | - |
Australian Capital Territory | - | - | - |
TOTAL | 258 | -8 | 250 |
|
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 Swan in Western 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.
VALUE OF BUILDING APPROVED
NEW RESIDENTIAL BUILDING
The trend estimate of the value of new residential building is showing a steady decline over the last six months, falling 2.0% in October 2004.
ALTERATIONS AND ADDITIONS TO RESIDENTIAL BUILDING
The trend estimate of the value of alterations and additions to residential building is showing a decline over the last four months. The trend fell 2.7% in October 2004.
NON-RESIDENTIAL BUILDING
The trend estimate of the value of non-residential building is showing an increase over the past nine months, rising 1.6% in October 2004.
DWELLINGS APPROVED
TOTAL DWELLING UNITS
The trend estimate for total dwelling units approved is now showing a decline over the last six months.
PRIVATE SECTOR HOUSES
The trend estimate for private sector houses approved has shown a steady decline for the last thirteen months. The trend fell 1.3% in October 2004.
PRIVATE SECTOR OTHER DWELLINGS
The trend estimate for private sector other dwellings approved now shows a decline over the past five months, with the rate of decline increasing. The trend fell 7.1% in October 2004.
DWELLING UNITS APPROVED - STATES AND TERRITORIES
SUMMARY COMMENTS
The trend estimate for total dwelling units approved fell 3.0% in October 2004. The trend fell in all states and territories.
The trend estimate for private sector houses approved fell 1.3% in October 2004. The trend continued to fall in New South Wales (-3.4%), Victoria (-2.3%) and South Australia (-1.8%), but is now rising in Queensland (+0.9%). The trend in Western Australia is now flat.
| | NSW | Vic. | Qld | SA | WA | Tas. | NT | ACT | Aust. | |
Original | |
| |
Dwelling units approved | | | | | | | | | | |
| Private sector houses (no.) | 1,505 | 2,578 | 2,148 | 610 | 1,453 | 200 | 44 | 65 | 8,603 | |
| Total dwelling units (no.) | 2,846 | 3,589 | 3,194 | 875 | 1,950 | 260 | 80 | 75 | 12,869 | |
Percentage change from previous month | | | | | | | | | | |
| Private sector houses (%) | -8.1 | 0.6 | -1.8 | -10.9 | -14.2 | -5.7 | -29.0 | -5.8 | -5.5 | |
| Total dwelling units (%) | -13.2 | 6.2 | -4.5 | -2.6 | -6.8 | 17.6 | -62.1 | -18.5 | -4.8 | |
Seasonally Adjusted | |
| |
Dwelling units approved | | | | | | | | | | |
| Private sector houses (no.) | 1,512 | 2,480 | 2,241 | 639 | 1,485 | na | na | na | 8,651 | |
| Total dwelling units (no.) | 2,649 | 3,491 | 3,291 | 904 | 1,885 | 256 | na | na | 12,621 | |
Percentage change from previous month | | | | | | | | | | |
| Private sector houses (%) | -4.6 | 1.4 | 10.1 | 3.8 | -4.6 | na | na | na | 1.1 | |
| Total dwelling units (%) | -15.5 | 6.9 | 3.2 | 9.2 | -6.4 | 29.9 | na | na | -2.4 | |
Trend | |
| |
Dwelling units approved | | | | | | | | | | |
| Private sector houses (no.) | 1,555 | 2,467 | 2,140 | 628 | 1,501 | na | na | na | 8,596 | |
| Total dwelling units (no.) | 2,876 | 3,367 | 3,310 | 823 | 1,961 | 214 | 122 | 55 | 12,707 | |
Percentage change from previous month | | | | | | | | | | |
| Private sector houses (%) | -3.4 | -2.3 | 0.9 | -1.8 | -0.1 | na | na | na | -1.3 | |
| Total dwelling units (%) | -6.9 | -1.4 | -0.1 | -4.0 | -1.2 | -4.0 | -4.7 | -36.0 | -3.0 | |
| |
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 seven months. The trend for private sector houses is showing declines for the last fourteen months.
VICTORIA
The trend estimate for total dwelling units in Victoria is now showing a decline over the past thirteen months. The trend for private sector houses shows a general decline starting in September 2003.
QUEENSLAND
The fall in the trend estimate for total dwelling units approved in Queensland, evident over the last twelve months, has slowed. The trend for private sector houses is now showing a small rise in the last two months.
SOUTH AUSTRALIA
The trend estimate for total dwelling units approved in South Australia is now showing a decline over the past four months. The trend for private sector houses is continuing a decline which started in October 2003.
WESTERN AUSTRALIA
The trend estimate for total dwelling units approved in Western Australia is now showing a decline over the past four months. The trend for private sector houses was relatively flat in October 2004.
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