RLB CRANE INDEX®

600
+80 (15.3%)

Canberra’s RLB Crane Index® increased to 600 index points. There are now 30 cranes in Canberra, an increase of four.

Q3 2024

RLB CRANE INDEX®

CANBERRA

Q3 2024

Highlights

Twelve new cranes were added, and eight were removed.

The residential sector saw nine new cranes erected, and six removed. Seventeen cranes remain within the sector.

Cranes were added at the following projects:

  • Macarthur (Turner) – residential
  • Northbourne Village Stage 4 (Lyneham) – residential
  • The Market Residences (Belconnen) – residential
  • 221 London Circuit Multi Storey Carpark
  • Anzac Park East – commercial
  • Anzac Park East – residential (three cranes)
  • The Grande – residential (two cranes)
  • The Shard – residential
  • Goodwin Village (Downer) – Aged Care

Cranes have been removed from developments at:

  • Boulevard (Denman Prospect) – Residential
  • Wova (Woden) – Residential
  • Oaks (Woden) – Residential
  • W2 (Woden) – Residential
  • Nue (Gungahlin) – Residential
  • Norrebro (Watson) – Residential
  • Australian Taxation Office (Barton) – Commercial
  • John Gorton Campus Carpark (Parkes) – Commercial

Q3 2024

Summary

RegionChange
CANBERRA 4
SectorChange
AGED CARE 1
CIVIC 0
CIVIL N/A
COMMERCIAL 0
DATA CENTRES 0
EDUCATION 0
HEALTH N/A
HOTEL N/A
MIXED USE N/A
RECREATION N/A
RESIDENTIAL 3
RETAIL N/A
Increase in number of cranes
Decrease in number of cranes
Crane numbers steady

Q3 2024

Crane Activity

By Region

OPENING / CLOSING COUNT COMPARISON

OPENING COUNTMOVEMENTCLOSING COUNT
Q1 2024%NETQ3 2024%
CANBERRA263.0%12-84303.5%

By Sector

OPENING / CLOSING COUNT COMPARISON

OPENING COUNTMOVEMENTCLOSING COUNT
Q1 2024%NETQ3 2024%
AGED CARE13.8%10126.7%
CIVIC13.8%00013.3%
CIVIL00.0%00000.0%
COMMERCIAL623.1%2-20620.0%
DATA CENTRES27.7%00026.7%
EDUCATION27.7%00026.7%
HEALTH00.0%00000.0%
HOTEL00.0%00000.0%
MIXED USE00.0%00000.0%
RECREATION00.0%00000.0%
RESIDENTIAL1453.8%9-631756.7%
RETAIL00.0%00000.0%
TOTAL263.0%12-84303.5%