RLB CRANE INDEX®

367
0 (0%)

Queenstown continued to see positive activity, despite the index remaining constant at 367 points.

Q1 2024

RLB CRANE INDEX®

QUEENSTOWN

Q1 2024

Highlights

The number of cranes operating in Queenstown remained stable since the last edition of the RLB Crane Index. Despite several cranes coming down with the completion of projects, there were just as many new cranes erected.

Queenstown continued to see positive activity, despite the index remaining constant at 367 points. Six new long-term cranes were added to sites spread across the Queenstown region, while six cranes were removed. As a result, the Queenstown region has a total of 11 long-term cranes. The residential sector remains buoyant and the focal point of activity in the region, accounting for 54.5% of all long-term cranes.

A total of six new long-term cranes were added to sites including:

Commercial

  • Skyline
  • 9 Brunswick Street
  • Central Street
  • 1094 Frankton Road

   Residential

  • 34 Mill Farm Lane
  • 94 McAdam Drive

Cranes were removed from:

  • 9 Angelo Drive
  • 6A Snowy Place
  • 12 Livingstone Lane
  • 6 Third Avenue
  • 341 Arrowtown-Lake Hayes Road
  • 1820 State Highway

Cranes remain at:

  • Brecon Street
  • Ploughmans Lane
  • Tree Tops Rise
  • Speargrass Flat Road
  • Wynyard Crescent

Q1 2024

Summary

RegionChange
QUEENSTOWN 0
SectorChange
AGED CARE -1
CIVIC N/A
CIVIL N/A
COMMERCIAL 3
DATA CENTRES N/A
EDUCATION N/A
HEALTH N/A
HOTEL N/A
MIXED USE N/A
RECREATION N/A
RESIDENTIAL -2
RETAIL N/A
Increase in number of cranes
Decrease in number of cranes
Crane numbers steady

Q1 2024

Crane Activity

By Region

OPENING / CLOSING COUNT COMPARISON

OPENING COUNTMOVEMENTCLOSING COUNT
Q3 2023%NETQ1 2024%
QUEENSTOWN117.6%6-60117.9%

By Sector

OPENING / CLOSING COUNT COMPARISON

OPENING COUNTMOVEMENTCLOSING COUNT
Q3 2023%NETQ1 2024%
AGED CARE19.1%0-1-100.0%
CIVIC00.0%00000.0%
CIVIL00.0%00000.0%
COMMERCIAL218.2%4-13545.5%
DATA CENTRES00.0%00000.0%
EDUCATION00.0%00000.0%
HEALTH00.0%00000.0%
HOTEL00.0%00000.0%
MIXED USE00.0%00000.0%
RECREATION00.0%00000.0%
RESIDENTIAL872.7%2-4-2654.5%
RETAIL00.0%00000.0%
TOTAL117.6%6-60117.9%