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

RegionChange
PERTH -1
SectorChange
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 COUNTMOVEMENTCLOSING COUNT
Q1 2023%NETQ3 2023%
PERTH516.1%15-16-1505.7%

By Sector

OPENING / CLOSING COUNT COMPARISON

OPENING COUNTMOVEMENTCLOSING COUNT
Q1 2023%NETQ3 2023%
AGED CARE12.0%1-1012.0%
CIVIC12.0%1-1012.0%
CIVIL12.0%0-1-100.0%
COMMERCIAL47.8%101510.0%
DATA CENTRES00.0%00000.0%
EDUCATION12.0%5-14510.0%
HEALTH35.9%0-3-300.0%
HOTEL00.0%00000.0%
MIXED USE12.0%0-1-100.0%
RECREATION00.0%00000.0%
RESIDENTIAL3976.5%7-8-13876.0%
RETAIL00.0%00000.0%
TOTAL516.1%15-16-1505.7%