Dwelling Approvals Fall In February: Australia

The total number of dwellings approved fell 0.3 per cent to 16,606 in February, following a 6.9 per cent rise in January, according to seasonally adjusted data released today by the Australian Bureau of Statistics (ABS).

Brock Hermans, ABS head of construction statistics, said: 'Approvals were varied across the building types. Private dwellings excluding houses fell 1.5 per cent, while private sector house approvals were up 1.0 per cent.'

Dwelling units approved, by building type, seasonally adjusted
Total dwellingsPrivate sector housesPrivate sector dwellings excluding houses
Feb-1015,5159,9863,526
Mar-1016,8549,9374,638
Apr-1016,0139,5704,791
May-1015,0879,3084,474
Jun-1014,5119,1314,594
Jul-1015,4648,9115,509
Aug-1015,1638,6905,429
Sep-1013,6508,4964,443
Oct-1015,4508,5646,212
Nov-1014,2038,3885,199
Dec-1014,8828,4845,682
Jan-1113,2628,3494,581
Feb-1112,9818,2954,346
Mar-1113,9688,1855,314
Apr-1113,9068,1375,515
May-1112,8188,0134,515
Jun-1112,7098,0234,316
Jul-1113,1797,6664,990
Aug-1114,7547,7736,563
Sep-1112,3447,7664,332
Oct-1111,4417,2843,957
Nov-1111,6977,6143,871
Dec-1111,7597,6913,931
Jan-1211,2527,7973,241
Feb-1211,7027,3604,186
Mar-1211,7737,5084,084
Apr-1210,9746,8244,050
May-1213,9797,3016,546
Jun-1214,9897,2787,494
Jul-1211,8117,6863,873
Aug-1213,2077,7025,372
Sep-1215,4307,9347,327
Oct-1214,1417,8305,844
Nov-1213,9557,7106,000
Dec-1214,0227,7726,040
Jan-1312,6427,8094,643
Feb-1313,8067,7735,378
Mar-1313,3267,9625,127
Apr-1315,0608,1506,603
May-1314,2948,3695,434
Jun-1313,8428,2775,179
Jul-1315,1128,5476,229
Aug-1314,9258,4216,315
Sep-1318,5668,6779,615
Oct-1317,4978,7228,512
Nov-1317,3049,2417,770
Dec-1317,0309,0677,706
Jan-1417,67210,1947,172
Feb-1416,9179,7466,955
Mar-1416,0639,3896,417
Apr-1416,2929,7586,177
May-1416,8149,7836,804
Jun-1416,7479,6726,745
Jul-1416,9719,7756,954
Aug-1418,5899,7118,623
Sep-1416,4759,5446,698
Oct-1417,9959,8587,948
Nov-1420,3239,85210,252
Dec-1420,1269,7239,956
Jan-1519,8789,9239,630
Feb-1519,8489,7149,787
Mar-1520,8279,63410,872
Apr-1518,9869,5529,117
May-1520,8289,56010,977
Jun-1519,4569,9099,204
Jul-1519,7009,7439,055
Aug-1519,43910,1099,173
Sep-1520,2129,80810,134
Oct-1521,5879,74511,606
Nov-1518,8199,6699,070
Dec-1520,08210,2639,652
Jan-1618,7459,8078,647
Feb-1619,9709,8379,779
Mar-1620,57110,23310,132
Apr-1620,83510,02110,612
May-1620,29310,0369,948
Jun-1618,6599,6658,794
Jul-1621,4229,60011,565
Aug-1621,9049,70711,802
Sep-1619,2669,7939,306
Oct-1616,5659,5736,685
Nov-1618,3319,6288,454
Dec-1618,4059,3988,866
Jan-1716,9909,1397,656
Feb-1719,1399,4459,458
Mar-1716,4679,3206,921
Apr-1718,2069,4958,497
May-1716,9549,8176,975
Jun-1718,8059,9658,626
Jul-1719,33910,2138,658
Aug-1719,34510,2318,935
Sep-1719,61310,1029,264
Oct-1719,66710,1669,179
Nov-1723,07410,06612,846
Dec-1717,85110,1997,494
Jan-1819,3699,8019,296
Feb-1819,33510,2778,749
Mar-1819,75510,4849,116
Apr-1818,42710,6247,604
May-1817,9069,9507,796
Jun-1819,64410,2449,072
Jul-1818,58410,1428,179
Aug-1816,4029,9456,310
Sep-1816,7009,6096,775
Oct-1817,17910,0796,925
Nov-1815,1389,3635,648
Dec-1814,2409,0665,042
Jan-1914,4699,2405,033
Feb-1916,7288,9327,691
Mar-1915,1698,5736,378
Apr-1914,4248,6035,686
May-1914,4278,8165,388
Jun-1915,0448,8945,768
Jul-1913,5368,6224,609
Aug-1913,8488,4735,258
Sep-1914,6258,7625,715
Oct-1914,2678,2465,812
Nov-1914,9268,4886,262
Dec-1915,9598,6577,120
Jan-2013,3208,5464,632
Feb-2016,4398,7007,562
Mar-2015,4608,6366,616
Apr-2014,9098,8165,707
May-2013,4128,8534,264
Jun-2012,9918,4244,182
Jul-2015,2139,2135,672
Aug-2014,4339,5034,754
Sep-2016,00910,5525,086
Oct-2017,40911,1435,935
Nov-2017,76211,5095,918
Dec-2019,05013,2065,598
Jan-2117,00411,9804,695
Feb-2120,13413,9375,792
Mar-2123,02914,2218,356
Apr-2120,11913,4776,390
May-2120,66713,6876,723
Jun-2119,90812,5946,895
Jul-2118,77812,3006,188
Aug-2119,23111,9117,055
Sep-2118,37110,7197,452
Oct-2116,08510,4355,340
Nov-2116,49310,3955,882
Dec-2117,13110,1446,727
Jan-2214,1169,5274,365
Feb-2218,7099,7747,980
Mar-2215,0189,7175,004
Apr-2215,7649,7855,830
May-2216,4599,6126,513
Jun-2216,6369,6776,505
Jul-2214,2559,6684,364
Aug-2217,46010,0127,171
Sep-2216,5109,3706,960
Oct-2215,1319,1755,781
Nov-2214,9639,0255,595
Dec-2216,8948,7867,944
Jan-2312,9998,5664,275
Feb-2313,7048,6684,805
Mar-2313,2578,3354,705
Apr-2312,8118,2404,364
May-2315,3278,1556,968
Jun-2313,8838,1505,142
Jul-2312,9638,0764,635
Aug-2313,4248,5584,677
Sep-2313,6438,3255,097
Oct-2314,5078,8095,541
Nov-2314,5008,6335,687
Dec-2313,5248,8624,364
Jan-2413,6928,3835,091
Feb-2413,2108,7524,110
Mar-2413,4279,0604,209
Apr-2413,6078,9434,361
May-2414,3059,1464,994
Jun-2413,4199,1044,073
Jul-2414,9109,2085,343
Aug-2414,1829,3674,574
Sep-2414,7629,4894,796
Oct-2415,7889,2666,076
Nov-2415,3499,2225,428
Dec-2415,5738,9806,338
Jan-2516,6509,1087,224
Feb-2516,6069,2037,113
New South Wales drives private sector house rise

Private sector houses across Australia rose 1.0 per cent (to 9,203 dwellings), 5.2 per cent higher than February 2024. This followed a 1.4 per cent rise in January.

New South Wales was the main driver of the overall rise in detached house approvals, growing 5.1 per cent.

Private sector dwellings excluding houses remain high despite fall

Private sector dwellings excluding houses fell 1.5 per cent (to 7,113 dwellings), after reaching a two-year high in January. Despite the drop, the series is 73.1 per cent higher than February last year.

There were 313 new apartment approvals in New South Wales in February, in original terms. This follows 2,694 new apartments approved in January, which was the highest result since May 2023.

Meanwhile, Victoria recorded a rise in apartment approvals with 2,294 new apartments approved in February, compared with 1,228 approved last month.

Dwellings approved, by state, seasonally adjusted (a)
Private sector housesTotal dwelling units approved
New South Wales1,8903,390
Victoria2,6996,024
Queensland1,9742,938
South Australia8711,394
Western Australia1,3912,228

(a) Seasonally adjusted estimates are not published for NT and ACT for all dwelling types. Private sector houses are not published for Tasmania.

Residential value records all-time high

The value of total building approved fell 3.1 per cent in February (to $14.34 billion), following a 7.1 per cent January drop.

Total residential building value rose 5.0 per cent (to $9.65 billion), an all-time high for a second consecutive month. The result was comprised of a 5.8 per cent gain in the value of new residential building approved (to $8.49 billion) and a 0.3 per cent fall in the value of alterations and additions (to $1.16 billion).

The value of approved non-residential building fell 16.5 per cent (to $4.69 billion), after falling 21.6 per cent January, in seasonally adjusted terms, driving the overall fall in total building value. Despite the fall, the result was 2.1 per cent higher than February 2024.

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