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RLB CRANE INDEX®

Q1 2024 AUSTRALIA SUNSHINE COAST
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RLB CRANE INDEX®

160
-60 (27.3%)

The Sunshine Coast RLB Crane Index® decreased to 160 index points from the record high of 220 in the last edition.

Q1 2024

RLB CRANE INDEX®

SUNSHINE COAST

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Q1 2024

Highlights

The region saw the removal of eight cranes, and the addition of two cranes, to record a total of 16 cranes.

Residential remains the dominant sector, accounting for all cranes in the region. New cranes were erected at the following residential projects:

  • Lagune (Moffat Beach)
  • Cotton Tree by Mosaic (Cotton Tree)

Cranes were removed from:

  • Maroochydore CBD Car Park, (Maroochydore)
  • Lorient (Maroochydore)
  • Ocean Verge (Kings Beach)
  • East 153 (Moffat Beach)
  • The Curl (Bokarina)
  • Riverbend Apartments (Maroochydore)
  • Serenity (Maroochydore)
  • The Beach Front (Buddina, one crane remains)

Q1 2024

Summary

Region Change
SUNSHINE COAST -6
Sector Change
AGED CARE N/A
CIVIC N/A
CIVIL N/A
COMMERCIAL N/A
DATA CENTRES N/A
EDUCATION N/A
HEALTH N/A
HOTEL N/A
MIXED USE -1
RECREATION N/A
RESIDENTIAL -5
RETAIL N/A
Increase in number of cranes
Decrease in number of cranes
Crane numbers steady

Q1 2024

Crane Activity

By Region

OPENING / CLOSING COUNT COMPARISON

OPENING COUNT MOVEMENT CLOSING COUNT
Q3 2023 % NET Q1 2024 %
SUNSHINE COAST 22 2.5% 2 -8 -6 16 1.8%

By Sector

OPENING / CLOSING COUNT COMPARISON

OPENING COUNT MOVEMENT CLOSING COUNT
Q3 2023 % NET Q1 2024 %
AGED CARE 0 0.0% 0 0 0 0 0.0%
CIVIC 0 0.0% 0 0 0 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 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 1 4.5% 0 -1 -1 0 0.0%
RECREATION 0 0.0% 0 0 0 0 0.0%
RESIDENTIAL 21 95.5% 2 -7 -5 16 100.0%
RETAIL 0 0.0% 0 0 0 0 0.0%
TOTAL 22 2.5% 2 -8 -6 16 1.8%

RLB CRANE INDEX®

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