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RLB CRANE INDEX®

Q3 2023 NEW ZEALAND QUEENSTOWN
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city
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RLB CRANE INDEX®

367
-133 (26.6%)

Queenstown continues to see positive activity, despite the index falling from 500 to 367 in this edition.

Q3 2023

RLB CRANE INDEX®

QUEENSTOWN

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Q3 2023

Highlights

Queenstown continues to see positive activity, despite the index falling from 500 to 367 in this edition. Three new long-term cranes were added to sites spread across the Queenstown region, while seven cranes were removed.

As a result, the Queenstown region has a total of 11 cranes, down from 15 in our last count. The residential sector remains the focal point of activity in the region, accounting for 72.2% of all long-term cranes.

Three new long-term cranes were added to:

  • 341 Arrowtown-Lake Hayes Road, Arrowtown (Commercial)
  • 108 Wynyard Crescent, Fernhill (Residential)
  • 1820 State Highway 6, Gibbston (Residential)

Seven cranes were removed from:

  • 2 Brunswick Street, Queenstown (Commercial)
  • Skyline at 53 Brecon Street, Queenstown (1 removed) (Commercial)
  • 7 Dalgleish Lane, Millbrook (Residential)
  • 15 Ploughmans Lane, Millbrook (Residential)
  • 85A Atley Road, Queenstown (Residential)
  • 6 Manchester Place, Queenstown (Residential)
  • 5 Domain Road, Queenstown (Residential)

Cranes remain at:

  • 6 Third Avenue, Lake Hayes (Aged Care)
  • Skyline at 53 Brecon Street, Queenstown (one crane remains) (Commercial)
  • 9 Ploughmans Lane, Millbrook (Residential)
  • 9 Angelo Drive, Queenstown (Residential)
  • 6A Snowy Place, Queenstown (Residential)
  • 12 Livingstone Lane, Queenstown (Residential)
  • 5 Tree Tops Rise, Queenstown (Residential)
  • 447 Speargrass Flat Road, Queenstown (Residential)

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
QUEENSTOWN -4
Sector Change
AGED CARE 0
CIVIC N/A
CIVIL N/A
COMMERCIAL -1
DATA CENTRES N/A
EDUCATION N/A
HEALTH N/A
HOTEL N/A
MIXED USE N/A
RECREATION N/A
RESIDENTIAL -3
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 %
QUEENSTOWN 15 9.6% 3 -7 -4 11 7.6%

By Sector

OPENING / CLOSING COUNT COMPARISON

OPENING COUNT MOVEMENT CLOSING COUNT
Q1 2023 % NET Q3 2023 %
AGED CARE 1 6.7% 0 0 0 1 9.1%
CIVIC 0 0.0% 0 0 0 0 0.0%
CIVIL 0 0.0% 0 0 0 0 0.0%
COMMERCIAL 3 20.0% 1 -2 -1 2 18.2%
DATA CENTRES 0 0.0% 0 0 0 0 0.0%
EDUCATION 0 0.0% 0 0 0 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 0 0.0% 0 0 0 0 0.0%
RECREATION 0 0.0% 0 0 0 0 0.0%
RESIDENTIAL 11 73.3% 2 -5 -3 8 72.7%
RETAIL 0 0.0% 0 0 0 0 0.0%
TOTAL 15 9.6% 3 -7 -4 11 7.6%

RLB CRANE INDEX®

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