Australia - Building Completions

Australia: Building Completions

Mnemonic HCMP.IAUS
Unit Ths. Ch. AUD, SA
Adjustments Seasonally Adjusted
Quarterly 4.57 %
Data 2022 Q2 29,587,074
2022 Q1 31,004,353

Series Information

Source Australian Bureau of Statistics (ABS)
Release Construction Work Completed
Frequency Quarterly
Start Date 9/30/1974
End Date 6/30/2022

Australia: Real Estate

Reference Last Previous Units Frequency
Residential Building Permits Aug 2022 17,497 13,662 #, SA Monthly
Building Completions 2022 Q2 29,587,074 31,004,353 Ths. Ch. AUD, SA Quarterly
Non-residential Building Completions 2022 Q2 12,153,886 12,289,937 Ths. Ch. AUD, SA Quarterly
Residential Building Completions 2022 Q2 14,698,100 15,925,830 Ths. Ch. AUD, SA Quarterly
Housing Starts 2022 Q1 29,672 33,547 #, SA Quarterly
Residential Housing Starts 2022 Q1 18,731 18,364 #, SA Quarterly
House Price Index 2021 Q4 195.45 187.05 Index FY 2012=100, SA Quarterly
House Price Value 2021 Q2 619,804 590,891 AUD, NSA Quarterly

Release Information

Presents preliminary statistics for the value of construction work done in Australia. Separate data is shown for building work done and for engineering work done for both the private and public sectors. The building work done data is further dissected into new residential, alterations and additions to residential and non-residential work. The data is a major source used to compile the national accounts estimates for private gross fixed capital formation on dwellings, and other buildings and structures

The estimates of building work done and engineering work done are from the quarterly Building Activity Survey and the quarterly Engineering Construction Survey respectively. Estimates of work done are based upon a response from each survey of approximately 80% of the value of work done during the current quarter. 

The scope of the Building Activity Survey is building activity which includes construction of new buildings and alterations and additions to existing buildings. 

Classifications of data are catagorised from ownership (private\public), type of building and type of work put into the buildings from newly built to alterations.

Data are subject to adjustments. Seasonally adjusted statistics reflect both irregular and trend movements, an upward or downward movement in a seasonally adjusted series does not necessarily indicate a change of trend.