Australia - Building Completions

Australia: Building Completions

Mnemonic HCMP.IAUS
Unit Ths. Ch. AUD, SA
Adjustments Seasonally Adjusted
Quarterly 0.87 %
Data 2021 Q3 30,438,760
2021 Q2 30,704,911

Series Information

Source Australian Bureau of Statistics (ABS)
Release Construction Work Completed
Frequency Quarterly
Start Date 9/30/1974
End Date 9/30/2021

Australia: Real Estate

Reference Last Previous Units Frequency
Residential Building Permits Oct 2021 15,911 18,266 #, SA Monthly
Building Completions 2021 Q3 30,438,760 30,704,911 Ths. Ch. AUD, SA Quarterly
House Price Index 2021 Q3 187.05 176.31 Index FY 2012=100, SA Quarterly
Non-residential Building Completions 2021 Q3 11,669,979 11,927,203 Ths. Ch. AUD, SA Quarterly
Residential Building Completions 2021 Q3 15,860,231 16,022,475 Ths. Ch. AUD, SA Quarterly
House Price Value 2021 Q2 619,804 590,891 AUD, NSA Quarterly
Housing Starts 2021 Q2 40,820 35,912 #, SA Quarterly
Residential Housing Starts 2021 Q2 22,974 15,734 #, SA 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.