8731.0 - Building Approvals, Australia, Oct 2007  
ARCHIVED ISSUE Released at 11:30 AM (CANBERRA TIME) 04/12/2007   
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OCTOBER KEY FIGURES

Oct 07
Sep 07 to Oct 07
Oct 06 to Oct 07
no.
% change
% change

TREND
Total dwelling units approved
13 483
1.1
5.4
Private sector houses
9 179
1.4
3.6
Private sector other dwellings
3 842
0.7
6.0
SEASONALLY ADJUSTED
Total dwelling units approved
13 553
-2.8
9.1
Private sector houses
9 288
0.9
7.6
Private sector other dwellings
3 947
-5.5
12.4

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

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



OCTOBER KEY POINTS


TOTAL DWELLING UNITS

  • The trend estimate for total dwelling units approved rose 1.1% in October 2007.
  • The seasonally adjusted estimate for total dwelling units approved fell 2.8% in October following a revised increase of 8.6% in September.


PRIVATE SECTOR HOUSES
  • The trend estimate for private sector houses approved rose 1.4% in October and has been rising since March 2007.
  • The seasonally adjusted estimate for private sector houses approved rose 0.9% in October following a revised increase of 3.7% in September.


PRIVATE SECTOR OTHER DWELLING UNITS
  • The trend estimate for private sector other dwellings approved rose 0.7% in October following a revised increase of 1.2% in September.
  • The seasonally adjusted estimate for private sector other dwellings approved fell 5.5% in October following a revised increase of 17.8% in September.


VALUE OF BUILDING APPROVED
  • The trend estimate for the value of total building approved rose 1.7% in October. The trend estimate for the value of new residential building approved rose 1.9%, and the value of alterations and additions rose 1.9%. The value of non-residential building approved rose 1.3%.
  • The seasonally adjusted estimate for the value of total building approved rose 14.8% in October. The seasonally adjusted estimate for the value of new residential building approved rose 1.8% in October. The seasonally adjusted estimate for the value of alterations and additions fell 7.2% and the value of non-residential building rose 36.1%.


NOTES

FORTHCOMING ISSUES

ISSUE Release Date
November 2007 8 January 2008
December 2007 5 February 2008
January 2008 6 March 2008
February 2008 7 April 2008
March 2008 1 May 2008
April 2008 3 June 2008



CHANGES IN THIS ISSUE

Quarterly chain volume data in this issue incorporate a new base year, 2005-2006, which has resulted in revisions to growth rates, small in most cases, for the last few years. In addition, the reference year has been advanced to 2006-2007, which has resulted in revisions to levels, but not growth rates, for all periods.



REVISIONS THIS MONTH

Revisions to the total number of dwelling units approved in this issue are:

2006-07
2007-08
TOTAL

NSW
52
-56
4
Vic.
8
9
17
Qld
76
6
82
SA
-
-
-
WA
-1
109
108
Tas.
52
94
146
NT
-1
-
-1
ACT
-
-23
-23
Total
186
139
325


The revisions to the number of dwelling units in Tasmania and Western Australia are primarily the result of data being supplied late due to software errors.


One permit, which was included in error in the July 2007 data and removed during October processing, contributed an $84m downward revision to the value of non-residential building approvals in Queensland.



DATA NOTES

There are no notes about the data.



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 7648.