The June 2023 seasonally adjusted estimate:
- Total dwellings approved decreased 7.7%.
- Private sector houses fell 1.3%, while private sector dwellings excluding houses fell 21.0%.
- The value of total building rose 1.2%.
- The value of non-residential buildings rose 7.6%, while value of new residential building fell 4.6%.
The seasonally adjusted estimate for the number of dwellings approved in Australia fell 7.7% in June, following a 20.5% increase in May.
The trend estimate for total dwellings approved rose 0.8% in June, after a 0.8% rise in May.
The seasonally adjusted estimate for private sector house approvals fell 1.3% in June, to 8,048 dwellings, following a 0.8% rise in May. Private sector dwellings excluding houses approved fell 21.0% in June, following a 60.4% May increase.
The trend estimate for private sector house approvals fell 0.3% in June, following a 0.6% fall in May. Private sector dwellings excluding houses rose 2.1%, following a 2.7% rise in May.
Seasonally adjusted summary, by state
Total dwelling approvals rose in Queensland (28.3%), Victoria (26.4%), Western Australia (8.7%), and South Australia (0.8%). New South Wales (-44.9%) and Tasmania (-35.6%) fell, in seasonally adjusted terms.
Approvals for private sector houses fell in Western Australia (-5.5%) and Victoria (-2.7%). South Australia (4.6%), Queensland (3.6%), and New South Wales (2.3%) rose in June.
Trend summary, by state
Across Australia, the number of dwelling approvals rose in New South Wales (2.8%), South Australia (2.2%), Victoria (1.7%), and Tasmania (0.4%), Australian Capital Territory (-14.8%), Queensland (-2.8%), and Western Australia (-0.7%) decreased. The trend result in Northern Territory was flat.
Approvals for private sector houses fell in in Western Australia (-0.8%), Queensland (-0.8%), Victoria (-0.7%), and New South Wales (-0.2%). South Australia (1.6%) increased in June.
Value of building approved
Value of building approved, seasonally adjusted
The seasonally adjusted estimate for the value of total building approved rose 1.2% in June, following a 11.4% rise in May. The value of total residential building approvals fell 4.6%, comprised of a 4.6% decrease in new residential building and a 4.7% fall in alterations and additions.
The seasonally adjusted estimate for the value of non-residential building increased 7.6%, following a 7.2% rise in May.
Value of building approved, trend
The trend estimate for the value of total building approved rose 3.2% in June, following a 3.4% increase in May. The value of total residential building rose 0.7%, comprised of a 0.7% rise in new residential building and a 0.6% increase in alterations and additions.
The trend estimate for the value of non-residential building rose 5.9% in June, following a 6.6% increase in May.
Related Articles
