RLB CRANE INDEX®
The Gold Coast RLB Crane Index® has continued its rise, increasing from 407 to 413 index points.
Q3 2024
Highlights
A total of 18 cranes were added across the region, and 17 were removed. As a result, the Gold Coast’s total crane number was 62. Residential cranes continue to dominate the skies, accounting for 92% of all cranes in the region. The other sectors with cranes are the commercial, health and mixed-use sectors.
New cranes in the Gold Coast region included:
Residential:
- Iconica (Main Beach, two cranes)
- Farrow (Broadbeach)
- Amaya (Broadbeach)
- Hollywell (Biggera Waters)
- Marina Point (Hope Island)
- Drift (Main Beach)
- Community Housing (Miami)
- Sana (Miami)
- Kloud (Palm Beach)
- Ophira (Palm Beach)
- Nexus (Palm Beach)
- Elevaire (Palm Beach)
- Social Housing (Labrador)
- Queen Street (Southport)
- Community Housing (Southport)
- Isla (Kirra)
- Cascade (Robina)
Seventeen cranes were removed from sites in Broadbeach (two), Southport (three), Bilinga, Kirra, Burleigh Heads, Main Beach (two), Mermaid Beach, Elanora, Palm Beach, Labrador, Surfers Paradise, and Coolangatta (two).
Fourteen cranes were removed from residential sites, and three cranes were removed from aged care, health and mixed-use projects.
Q3 2024
Summary
| Region | Change | |
|---|---|---|
| GOLD COAST | 1 | |
| Sector | Change | |
|---|---|---|
| AGED CARE | -1 | |
| CIVIC | N/A | |
| CIVIL | N/A | |
| COMMERCIAL | 0 | |
| DATA CENTRES | N/A | |
| EDUCATION | N/A | |
| HEALTH | -1 | |
| HOTEL | N/A | |
| MIXED USE | -1 | |
| RECREATION | N/A | |
| RESIDENTIAL | 4 | |
| RETAIL | N/A | |
Q3 2024
Crane Activity
By Region
OPENING / CLOSING COUNT COMPARISON
| OPENING COUNT | MOVEMENT | CLOSING COUNT | |||||
|---|---|---|---|---|---|---|---|
| Q1 2024 | % | NET | Q3 2024 | % | |||
| GOLD COAST | 61 | 7.0% | 18 | -17 | 1 | 62 | 7.2% |
By Sector
OPENING / CLOSING COUNT COMPARISON
| OPENING COUNT | MOVEMENT | CLOSING COUNT | |||||
|---|---|---|---|---|---|---|---|
| Q1 2024 | % | NET | Q3 2024 | % | |||
| AGED CARE | 1 | 1.6% | 0 | -1 | -1 | 0 | 0.0% |
| CIVIC | 0 | 0.0% | 0 | 0 | 0 | 0 | 0.0% |
| CIVIL | 0 | 0.0% | 0 | 0 | 0 | 0 | 0.0% |
| COMMERCIAL | 2 | 3.3% | 0 | 0 | 0 | 2 | 3.2% |
| DATA CENTRES | 0 | 0.0% | 0 | 0 | 0 | 0 | 0.0% |
| EDUCATION | 0 | 0.0% | 0 | 0 | 0 | 0 | 0.0% |
| HEALTH | 2 | 3.3% | 0 | -1 | -1 | 1 | 1.6% |
| HOTEL | 0 | 0.0% | 0 | 0 | 0 | 0 | 0.0% |
| MIXED USE | 3 | 4.9% | 0 | -1 | -1 | 2 | 3.2% |
| RECREATION | 0 | 0.0% | 0 | 0 | 0 | 0 | 0.0% |
| RESIDENTIAL | 53 | 86.9% | 18 | -14 | 4 | 57 | 91.9% |
| RETAIL | 0 | 0.0% | 0 | 0 | 0 | 0 | 0.0% |
| TOTAL | 61 | 7.0% | 18 | -17 | 1 | 62 | 7.2% |
RLB CRANE INDEX®
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