RLB CRANE INDEX®
A total of 15 cranes were added across the region, with 10 cranes removed. The net addition of five cranes brings Gold Coast’s total crane number to 61.
Q3 2023
Highlights
The Gold Coast RLB Crane Index® continued its upwards rise, increasing from 373 index points to a new peak of 407 points. A total of 15 cranes were added across the region, with 10 cranes removed. The net addition of five cranes brings Gold Coast’s total crane number to 61.
Residential cranes continue to dominate the skies, accounting for 90.2% of all cranes in the region. The only other sectors with cranes (of which there is one each) are the aged care, commercial, education and mixed-use sectors.
- New cranes in the Gold Coast region include:
- Athena Residences, Hope Island (Residential)
- Pavilion Stage 2, Bilinga (Residential)
- Marella, Broadbeach (Residential)
- Luxe, Broadbeach (Residential)
- Glasshouse, Burleigh Heads (Residential)
- The Lakes, Mermaid Waters (Mixed Use / Other)
- Pine Lakes Retirement Village, Elanora (Aged Care)
- Seaclusion, Palm Beach (Residential)
- Sanctuary, Southport (Mixed Use / Other)
- Royale, Surfers Paradise (Residential)
- Vista St, Surfers Paradise (Residential)
- Greenwhich, Surfers Paradise (Residential)
- Chevron One, Surfers Paradise (Residential)
- 4 Carmichael Place, Coolangatta (Residential)
- Rockpool, Coolangatta (Residential)
Ten cranes were removed from sites in Palm Beach (three), Broadbeach (two), Burleigh Heads (two), Main Beach, Robina and Surfers Paradise. Nine cranes were removed from residential sites, and one crane was removed from the educational sector.
Q3 2023
Summary
| Region | Change | |
|---|---|---|
| GOLD COAST | 5 | |
| Sector | Change | |
|---|---|---|
| AGED CARE | 1 | |
| CIVIC | N/A | |
| CIVIL | N/A | |
| COMMERCIAL | 0 | |
| DATA CENTRES | N/A | |
| EDUCATION | -1 | |
| HEALTH | N/A | |
| HOTEL | N/A | |
| MIXED USE | 2 | |
| RECREATION | N/A | |
| RESIDENTIAL | 3 | |
| RETAIL | N/A | |
Q3 2023
Crane Activity
By Region
OPENING / CLOSING COUNT COMPARISON
| OPENING COUNT | MOVEMENT | CLOSING COUNT | |||||
|---|---|---|---|---|---|---|---|
| Q1 2023 | % | NET | Q3 2023 | % | |||
| GOLD COAST | 56 | 6.7% | 15 | -10 | 5 | 61 | 6.9% |
By Sector
OPENING / CLOSING COUNT COMPARISON
| OPENING COUNT | MOVEMENT | CLOSING COUNT | |||||
|---|---|---|---|---|---|---|---|
| Q1 2023 | % | NET | Q3 2023 | % | |||
| AGED CARE | 1 | 1.8% | 1 | 0 | 1 | 2 | 3.3% |
| CIVIC | 0 | 0.0% | 0 | 0 | 0 | 0 | 0.0% |
| CIVIL | 0 | 0.0% | 0 | 0 | 0 | 0 | 0.0% |
| COMMERCIAL | 1 | 1.8% | 0 | 0 | 0 | 1 | 1.6% |
| DATA CENTRES | 0 | 0.0% | 0 | 0 | 0 | 0 | 0.0% |
| EDUCATION | 1 | 1.8% | 0 | -1 | -1 | 0 | 0.0% |
| HEALTH | 0 | 0.0% | 0 | 0 | 0 | 0 | 0.0% |
| HOTEL | 0 | 0.0% | 0 | 0 | 0 | 0 | 0.0% |
| MIXED USE | 1 | 1.8% | 2 | 0 | 2 | 3 | 4.9% |
| RECREATION | 0 | 0.0% | 0 | 0 | 0 | 0 | 0.0% |
| RESIDENTIAL | 52 | 92.9% | 12 | -9 | 3 | 55 | 90.2% |
| RETAIL | 0 | 0.0% | 0 | 0 | 0 | 0 | 0.0% |
| TOTAL | 56 | 6.7% | 15 | -10 | 5 | 61 | 6.9% |
RLB CRANE INDEX®
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