RLB CRANE INDEX®
Queenstown continues to see positive activity, despite the index falling from 500 to 367 in this edition.
Q3 2023
Highlights
Queenstown continues to see positive activity, despite the index falling from 500 to 367 in this edition. Three new long-term cranes were added to sites spread across the Queenstown region, while seven cranes were removed.
As a result, the Queenstown region has a total of 11 cranes, down from 15 in our last count. The residential sector remains the focal point of activity in the region, accounting for 72.2% of all long-term cranes.
Three new long-term cranes were added to:
- 341 Arrowtown-Lake Hayes Road, Arrowtown (Commercial)
- 108 Wynyard Crescent, Fernhill (Residential)
- 1820 State Highway 6, Gibbston (Residential)
Seven cranes were removed from:
- 2 Brunswick Street, Queenstown (Commercial)
- Skyline at 53 Brecon Street, Queenstown (1 removed) (Commercial)
- 7 Dalgleish Lane, Millbrook (Residential)
- 15 Ploughmans Lane, Millbrook (Residential)
- 85A Atley Road, Queenstown (Residential)
- 6 Manchester Place, Queenstown (Residential)
- 5 Domain Road, Queenstown (Residential)
Cranes remain at:
- 6 Third Avenue, Lake Hayes (Aged Care)
- Skyline at 53 Brecon Street, Queenstown (one crane remains) (Commercial)
- 9 Ploughmans Lane, Millbrook (Residential)
- 9 Angelo Drive, Queenstown (Residential)
- 6A Snowy Place, Queenstown (Residential)
- 12 Livingstone Lane, Queenstown (Residential)
- 5 Tree Tops Rise, Queenstown (Residential)
- 447 Speargrass Flat Road, Queenstown (Residential)
Building consents for the Otago region grew 3.7% for the twelve months to June 2023. Residential consents fell by 5.4% to $1.4b. Non-Residential consents grew by 29.7% for the twelve months with significant increases in the hospitals, nursing homes, and other sector, and the office sector. The hospitals, nursing homes, and other sector grew by 222% to record $198m for the year, the office sector grew by 92% to $100m.
Q3 2023
Summary
Region | Change | |
---|---|---|
QUEENSTOWN | -4 |
Sector | Change | |
---|---|---|
AGED CARE | 0 | |
CIVIC | N/A | |
CIVIL | N/A | |
COMMERCIAL | -1 | |
DATA CENTRES | N/A | |
EDUCATION | N/A | |
HEALTH | N/A | |
HOTEL | N/A | |
MIXED USE | N/A | |
RECREATION | N/A | |
RESIDENTIAL | -3 | |
RETAIL | N/A |
Q3 2023
Crane Activity
By Region
OPENING / CLOSING COUNT COMPARISON
OPENING COUNT | MOVEMENT | CLOSING COUNT | |||||
---|---|---|---|---|---|---|---|
Q1 2023 | % | NET | Q3 2023 | % | |||
QUEENSTOWN | 15 | 9.6% | 3 | -7 | -4 | 11 | 7.6% |
By Sector
OPENING / CLOSING COUNT COMPARISON
OPENING COUNT | MOVEMENT | CLOSING COUNT | |||||
---|---|---|---|---|---|---|---|
Q1 2023 | % | NET | Q3 2023 | % | |||
AGED CARE | 1 | 6.7% | 0 | 0 | 0 | 1 | 9.1% |
CIVIC | 0 | 0.0% | 0 | 0 | 0 | 0 | 0.0% |
CIVIL | 0 | 0.0% | 0 | 0 | 0 | 0 | 0.0% |
COMMERCIAL | 3 | 20.0% | 1 | -2 | -1 | 2 | 18.2% |
DATA CENTRES | 0 | 0.0% | 0 | 0 | 0 | 0 | 0.0% |
EDUCATION | 0 | 0.0% | 0 | 0 | 0 | 0 | 0.0% |
HEALTH | 0 | 0.0% | 0 | 0 | 0 | 0 | 0.0% |
HOTEL | 0 | 0.0% | 0 | 0 | 0 | 0 | 0.0% |
MIXED USE | 0 | 0.0% | 0 | 0 | 0 | 0 | 0.0% |
RECREATION | 0 | 0.0% | 0 | 0 | 0 | 0 | 0.0% |
RESIDENTIAL | 11 | 73.3% | 2 | -5 | -3 | 8 | 72.7% |
RETAIL | 0 | 0.0% | 0 | 0 | 0 | 0 | 0.0% |
TOTAL | 15 | 9.6% | 3 | -7 | -4 | 11 | 7.6% |
RLB CRANE INDEX®
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