RLB CRANE INDEX®
Dunedin recorded a small fall in the number of cranes. The South Island city now hosts five long-term cranes, down from the six previously reported.
Q3 2023
Highlights
Dunedin recorded a small fall in the number of cranes. The South Island city now hosts five long-term cranes, down from the six previously reported. While Dunedin’s Crane Index has fallen from 600 index points to 500 points, this is still an historically high level. Three long-term cranes were added to projects during the period and four were removed.
One crane was added to the New Dunedin Hospital Outpatient Building. Practical completion of the project is due in late 2025, with clinical services expected to commence in 2026.
New cranes were placed at:
- New Dunedin Hospital – Outpatient Building (Health)
- Trinity Catholic College (Education)
- Oracle Apartments, Roslyn (Aged Care)
Cranes were removed from:
- ACC Building (two cranes), 11 Dowling Street (Civic)
- Aquinas College Extension, Dalmore (Education)
- Distinction Hotel, 6 Liverpool Steet (Hotel)
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 | |
|---|---|---|
| DUNEDIN | -1 | |
| Sector | Change | |
|---|---|---|
| AGED CARE | 1 | |
| CIVIC | -2 | |
| CIVIL | N/A | |
| COMMERCIAL | N/A | |
| DATA CENTRES | 0 | |
| EDUCATION | 0 | |
| HEALTH | 1 | |
| HOTEL | -1 | |
| MIXED USE | N/A | |
| RECREATION | N/A | |
| RESIDENTIAL | N/A | |
| RETAIL | N/A | |
Q3 2023
Crane Activity
By Region
OPENING / CLOSING COUNT COMPARISON
| OPENING COUNT | MOVEMENT | CLOSING COUNT | |||||
|---|---|---|---|---|---|---|---|
| Q1 2023 | % | NET | Q3 2023 | % | |||
| DUNEDIN | 6 | 3.8% | 3 | -4 | -1 | 5 | 3.5% |
By Sector
OPENING / CLOSING COUNT COMPARISON
| OPENING COUNT | MOVEMENT | CLOSING COUNT | |||||
|---|---|---|---|---|---|---|---|
| Q1 2023 | % | NET | Q3 2023 | % | |||
| AGED CARE | 0 | 0.0% | 1 | 0 | 1 | 1 | 20.0% |
| CIVIC | 2 | 33.3% | 0 | -2 | -2 | 0 | 0.0% |
| CIVIL | 0 | 0.0% | 0 | 0 | 0 | 0 | 0.0% |
| COMMERCIAL | 0 | 0.0% | 0 | 0 | 0 | 0 | 0.0% |
| DATA CENTRES | 1 | 16.7% | 0 | 0 | 0 | 1 | 20.0% |
| EDUCATION | 1 | 16.7% | 1 | -1 | 0 | 1 | 20.0% |
| HEALTH | 1 | 16.7% | 1 | 0 | 1 | 2 | 40.0% |
| HOTEL | 1 | 16.7% | 0 | -1 | -1 | 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 | 0 | 0.0% | 0 | 0 | 0 | 0 | 0.0% |
| RETAIL | 0 | 0.0% | 0 | 0 | 0 | 0 | 0.0% |
| TOTAL | 6 | 3.8% | 3 | -4 | -1 | 5 | 3.5% |
RLB CRANE INDEX®
PREVIOUS EDITIONS
-
Crane Index
New Zealand Q3 2024 Crane Index
Gross Domestic Product (GDP) data for the March 2024 quarter revealed a modest increase of 0.2% in ...
Read -
Crane Index
New Zealand Q1 2024 Crane Index
While the overall value of building activity and consents are at (or near) record highs, New ...
Read -
Crane Index
Record number of long term cranes for…
According to today’s release of the Q1 2023 RLB Crane Index®, a record 157 long-term cranes were ...
Read -
Crane Index
Residential sector continues to power the NZ…
Following the Omicron outbreak and peak earlier in 2022, construction has continued at pace, even in...
Read