RLB CRANE INDEX®

116
-3 (2.52%)

Perth’s RLB Crane Index® fell from 119 to 116 index points. The index represents a total of 50 cranes across the city, slightly down from the 51 cranes reported previously. A total of 15 cranes were added to developments, offset by 16 removals.

Q3 2023

RLB CRANE INDEX®

PERTH

Q3 2023

Highlights

Perth’s RLB Crane Index® fell from 119 to 116 index points. The index represents a total of 50 cranes across the city, slightly down from the 51 cranes reported previously. A total of 15 cranes were added to developments, offset by 16 removals.

Western Australia’s residential sector saw a 0.6% increase in the preliminary value of work done in FY 2023 compared to the previous year. The apartment sector increased by 13.5%, while houses experienced a small 0.8% decrease. The non-residential sector experienced significant growth, with $4.6B worth of work done, an increase of 10.6% over the $4.2B recorded in FY 2022. Preliminary engineering activity rose by 11.3% for the year. Overall, preliminary activity rose by 9.1% for the financial year representing a rise of $2.5B.

The residential sector continues to dominate in Perth, accounting for more than 76% of all cranes.

Cranes were added at the following projects:

  • 1 Richard Street, South Perth (Residential)
  • Cirque Duet, Mount Pleasant (Residential)
  • ECU Perth Campus, Perth (Education)
  • Freeman Residences, Leighton Beach (Residential)
  • Helm Apartments, Mount Pleasant (Residential)
  • Nine the Esplanade, Perth (Commercial)
  • 5 Orchard Terrace, Subiaco (Residential)
  • Rossmoyne Waters Adventist Aged Care, Rossmoyne (Aged Care)
  • Ruah Centre for Women and Children, Northbridge (Civic)
  • Sky Homes, Inglewood (Residential)
  • South Metropolitan TAFE, Armadale (Education)
  • St Ives Stage 2, Carine (Residential)

Cranes were removed from the following projects:

  • 12-18 Labouchere Rd, South Perth (Residential)
  • Coast Residences Scarborough, Scarborough (Residential)
  • East Rockingham, Rockingham (Civil)
  • Federation Homes, Mount Lawley (Residential)
  • Health and Knowledge Precinct, Murdoch (Education)
  • Joondalup Health Campus Expansion (Health)
  • Mixed Use Development, Scarborough (Mixed Use / Other)
  • PTOCC, East Perth (Civic)
  • Sanctuary – Developwise, Mount Pleasant (Residential)
  • Shenton Quarter, Shenton Park (Residential)
  • South Scape, South Perth (Residential)
  • St John of God Murdoch Hospital (Health)
  • St John of God Redevelopment, Subiaco (Health)
  • The Brixton, Victoria Park (Residential)
  • Wearne Cottesloe Stage 2 (Aged Care)

Q3 2023

Summary

Region Change
PERTH -1
Sector Change
AGED CARE 0
CIVIC 0
CIVIL -1
COMMERCIAL 1
DATA CENTRES N/A
EDUCATION 4
HEALTH -3
HOTEL N/A
MIXED USE -1
RECREATION N/A
RESIDENTIAL -1
RETAIL N/A
Increase in number of cranes
Decrease in number of cranes
Crane numbers steady

Q3 2023

Crane Activity

By Region

OPENING / CLOSING COUNT COMPARISON

OPENING COUNT MOVEMENT CLOSING COUNT
Q1 2023 % NET Q3 2023 %
PERTH 51 6.1% 15 -16 -1 50 5.7%

By Sector

OPENING / CLOSING COUNT COMPARISON

OPENING COUNT MOVEMENT CLOSING COUNT
Q1 2023 % NET Q3 2023 %
AGED CARE 1 2.0% 1 -1 0 1 2.0%
CIVIC 1 2.0% 1 -1 0 1 2.0%
CIVIL 1 2.0% 0 -1 -1 0 0.0%
COMMERCIAL 4 7.8% 1 0 1 5 10.0%
DATA CENTRES 0 0.0% 0 0 0 0 0.0%
EDUCATION 1 2.0% 5 -1 4 5 10.0%
HEALTH 3 5.9% 0 -3 -3 0 0.0%
HOTEL 0 0.0% 0 0 0 0 0.0%
MIXED USE 1 2.0% 0 -1 -1 0 0.0%
RECREATION 0 0.0% 0 0 0 0 0.0%
RESIDENTIAL 39 76.5% 7 -8 -1 38 76.0%
RETAIL 0 0.0% 0 0 0 0 0.0%
TOTAL 51 6.1% 15 -16 -1 50 5.7%