Property News

Building Approvals, Australia, Oct 2006 - ABS

05 December 2006

OCTOBER KEY POINTS

TOTAL DWELLING UNITS

• The trend estimate for total dwelling approvals fell 0.9% in October 2006.
• The seasonally adjusted estimate for total dwelling units approved fell 7.4%, to 12,214, in October 2006.

• The trend estimate for private sector house approvals rose 0.1% in October 2006.
• The seasonally adjusted estimate for private sector houses approved fell 7.5%, to 8,575, in October 2006.

• The trend estimate for private sector other dwellings approved fell 3.3% in October 2006.
• The seasonally adjusted estimate for private sector other dwellings approved fell 6.7%, to 3,366, in October 2006.

• The trend estimate for the value of total building approved rose 0.1% in October 2006. The value of new residential building rose 0.8% and the value of alterations and additions rose 0.9%. The trend for the value of non-residential building approved fell 1.0% in October 2006.
• The seasonally adjusted estimate for the value of total building approved fell 1.1%, to $5,262.6m, in October 2006. The value of new residential building approved fell 8.5%, to $2,652.5m. The value of alterations and additions fell 1.1%, to $477.6m. The value of non-residential building rose 10.0%, to $2,132.5m.