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The total number of building approvals consented in Australia was up a seasonally adjusted 2.5 percent on month in January, the Australian Bureau of Statistics said on Monday - coming in at 14,395.
That exceeded expectations for a gain of 1.5 percent following the 8.4 percent slide in December.
On a yearly basis, approvals plummeted 28.6 percent - which actually beat forecasts for a fall of 28.9 percent following the 22.5 percent drop in the previous month.
The seasonally adjusted estimate of the value of total building approved rose 1.3 percent in January.