Dwelling Approvals Fall In March: Australia

The total number of dwellings approved fell 8.8 per cent in March, to 15,220, according to seasonally adjusted data released today by the Australian Bureau of Statistics (ABS).

Brock Hermans, ABS head of construction statistics, said: 'Falls were seen across all dwelling types in March with private dwellings excluding houses down 15.1 per cent, and private sector houses 4.5 per cent lower.'

Dwelling units approved, by building type, seasonally adjusted
Total dwellingsPrivate sector housesPrivate sector dwellings excluding houses
Mar-1016,9029,9854,638
Apr-1015,8019,3594,791
May-1015,0589,2804,474
Jun-1014,5139,1334,594
Jul-1015,4598,9065,509
Aug-1015,1768,7035,429
Sep-1013,6038,4494,443
Oct-1015,4838,5976,212
Nov-1014,2088,3925,199
Dec-1014,8658,4685,682
Jan-1113,2388,3244,581
Feb-1112,9828,2964,346
Mar-1113,9798,1965,313
Apr-1113,9488,1785,515
May-1112,8308,0254,515
Jun-1112,6567,9704,316
Jul-1113,2087,6944,990
Aug-1114,7417,7606,563
Sep-1112,3567,7784,332
Oct-1111,4207,2623,957
Nov-1111,7027,6193,871
Dec-1111,7627,6943,931
Jan-1211,2677,8113,241
Feb-1211,6937,3514,186
Mar-1211,7797,5154,084
Apr-1210,9726,8224,050
May-1213,9637,2856,546
Jun-1215,0147,3037,494
Jul-1211,8187,6933,873
Aug-1213,1977,6925,372
Sep-1215,4307,9347,327
Oct-1214,1347,8235,844
Nov-1213,9607,7156,000
Dec-1214,0067,7556,040
Jan-1312,6337,8004,643
Feb-1313,8117,7775,378
Mar-1313,3427,9785,127
Apr-1315,0748,1646,603
May-1314,2958,3715,434
Jun-1313,8398,2745,179
Jul-1315,1018,5376,228
Aug-1314,9208,4166,315
Sep-1318,5638,6759,615
Oct-1317,4858,7118,512
Nov-1317,3229,2587,771
Dec-1317,0389,0747,707
Jan-1417,68510,2047,174
Feb-1416,9239,7536,954
Mar-1416,0409,3666,416
Apr-1416,2909,7616,172
May-1416,8219,7906,804
Jun-1416,7539,6746,749
Jul-1416,9589,7666,950
Aug-1418,5979,7148,627
Sep-1416,4789,5486,697
Oct-1418,0069,8677,950
Nov-1420,3159,84310,253
Dec-1420,1179,7179,953
Jan-1519,8879,9299,633
Feb-1519,8509,7209,784
Mar-1520,8249,62310,879
Apr-1518,9769,5509,108
May-1520,8499,56910,990
Jun-1519,4609,9159,202
Jul-1519,7089,7489,057
Aug-1519,42010,0909,172
Sep-1520,2059,81110,124
Oct-1521,5929,75211,605
Nov-1518,8269,6659,081
Dec-1520,07210,2589,647
Jan-1618,7679,8118,664
Feb-1619,9689,8399,775
Mar-1620,54810,22410,118
Apr-1620,83110,02710,602
May-1620,30310,0369,958
Jun-1618,6529,6668,786
Jul-1621,4449,60711,581
Aug-1621,8829,69511,790
Sep-1619,2859,7969,322
Oct-1616,5649,5726,685
Nov-1618,3269,6308,447
Dec-1618,4089,3998,868
Jan-1717,0019,1397,665
Feb-1719,1349,4469,451
Mar-1716,4639,3166,922
Apr-1718,1979,4968,485
May-1716,9469,8156,970
Jun-1718,8169,9698,633
Jul-1719,33910,2168,654
Aug-1719,33410,2268,929
Sep-1719,61910,1059,268
Oct-1719,67110,1649,185
Nov-1723,07610,06812,847
Dec-1717,87010,1997,514
Jan-1819,3789,7999,307
Feb-1819,32710,2778,740
Mar-1819,74510,4829,109
Apr-1818,41910,6257,594
May-1817,8979,9477,790
Jun-1819,64010,2459,068
Jul-1818,59610,1538,179
Aug-1816,4009,9416,311
Sep-1816,7069,6116,779
Oct-1817,17110,0736,923
Nov-1815,1479,3655,655
Dec-1814,2529,0665,055
Jan-1914,4779,2385,043
Feb-1916,7218,9327,684
Mar-1915,1608,5736,369
Apr-1914,4068,6035,669
May-1914,4178,8105,385
Jun-1915,0458,8995,764
Jul-1913,5478,6294,614
Aug-1913,8508,4745,258
Sep-1914,6398,7665,727
Oct-1914,2658,2415,816
Nov-1914,9328,4866,269
Dec-1915,9768,6597,135
Jan-2013,3208,5344,644
Feb-2016,4338,6967,560
Mar-2015,4368,6436,583
Apr-2014,8868,8135,687
May-2013,4128,8574,260
Jun-2012,9958,4284,182
Jul-2015,2259,2265,672
Aug-2014,4409,5034,761
Sep-2016,00510,5405,096
Oct-2017,41411,1435,940
Nov-2017,78611,5155,937
Dec-2019,05813,1965,617
Jan-2117,01211,9684,712
Feb-2120,12413,9265,793
Mar-2122,89714,1858,261
Apr-2120,10213,4996,349
May-2120,69013,7106,721
Jun-2119,88012,5736,889
Jul-2118,83512,3526,193
Aug-2119,24111,9147,061
Sep-2118,39610,7237,474
Oct-2116,09410,4345,350
Nov-2116,50910,3915,902
Dec-2117,11710,1146,746
Jan-2214,1359,5224,385
Feb-2218,6839,7467,982
Mar-2214,9579,7374,922
Apr-2215,7499,7805,820
May-2216,4849,6406,509
Jun-2216,6449,6886,502
Jul-2214,2949,6974,375
Aug-2217,4069,9657,165
Sep-2216,5659,3906,994
Oct-2215,1609,1885,797
Nov-2214,9548,9905,622
Dec-2216,9378,7847,990
Jan-2313,0188,5424,316
Feb-2313,6718,6224,817
Mar-2313,1728,3504,603
Apr-2312,8298,2764,346
May-2315,3038,1606,939
Jun-2313,9098,1635,154
Jul-2313,0058,1214,632
Aug-2313,4038,5464,668
Sep-2313,6618,3285,113
Oct-2314,5208,8085,556
Nov-2314,5108,6355,694
Dec-2313,5128,8254,389
Jan-2413,6528,3155,118
Feb-2413,1888,7154,122
Mar-2413,4169,1094,149
Apr-2413,6108,9574,351
May-2414,3319,1754,990
Jun-2413,4469,1344,070
Jul-2414,9059,2075,341
Aug-2414,1989,3644,592
Sep-2414,8059,5124,817
Oct-2415,7969,2636,088
Nov-2415,3819,2055,478
Dec-2415,6469,0136,380
Jan-2516,7189,1157,279
Feb-2516,6839,2187,188
Mar-2515,2208,8046,104
Falls in Victoria and Queensland drive private sector houses lower

Across Australia, the number of private sector house approvals fell 4.5 per cent (to 8,804 dwellings), following a 1.1 per cent rise in February. The result is 3.3 per cent lower than March 2024.

Victoria and Queensland were the main drivers of the fall, dropping 10.0 per cent and 8.0 per cent, respectively.

Apartment approvals drop in March

Private sector dwellings approvals excluding houses fell 15.1 per cent (to 6,104 dwellings), following a 1.3 per cent fall in February. Despite the drop, the series was 47.1 per cent higher than March 2024.

Fewer new apartment approvals drove the overall fall in the series, with Victoria approving only 671 apartments in March compared with 2,294 in February (in original terms).

Dwellings approved, by state, seasonally adjusted (a)
Private sector housesTotal dwelling units approved
New South Wales1,8354,032
Victoria2,4264,147
Queensland1,8153,116
South Australia9021,227
Western Australia1,5791,813

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

Rise in non-residential approvals offsets residential value fall

The value of total buildings approved rose 9.4 per cent in March (to $15.59 billion), after a 4.7 per cent February fall.

The value of total residential buildings fell 7.6 per cent (to $8.98 billion), following an all-time high value ($9.72 billion) in February. The result was made up of an 8.6 per cent drop in the value of new residential building approved (to $7.81 billion) and a 0.7 per cent fall in the value of alterations and additions (to $1.16 billion).

The value of approved non-residential buildings rose 46.0 per cent (to $6.61 billion), after falling 21.9 per cent in February, driving the overall rise in total building value. The result was 17.8 per cent higher than March 2024. Approvals in Victoria made up 58.6 per cent of this series in March.

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