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RLB CRANE INDEX®

Q1 2025 NEW ZEALAND QUEENSTOWN
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RLB CRANE INDEX®

333
+66 (24.7%)

The index value grew by 66 points, from 267 at Q3 2024 to 333. The region currently hosts ten cranes, up from eight in the previous edition.

Q1 2025

RLB CRANE INDEX®

QUEENSTOWN

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Q1 2025

Highlights

The number of cranes operating in Queenstown was up by two from the last edition of the RLB Crane Index. Six cranes commenced work, and four cranes were removed from projects.

For the first half of 2024, building activity in the South Island (excluding Canterbury) rose by 3.8% compared to the same period in 2023. The residential sector rose by 0.8% and the non-residential sector rose by 9.7%.

Building consents in the South Island (excluding Canterbury) for 2024 rose by 4.1% to $3.2bn. The residential sector saw consents grow by 2.0% and the non-residential sector grew by 8.3%.

The residential sector remained buoyant and the focal point of activity in the region, accounting for 90% of all long-term cranes.

New long-term cranes were added to:

Residential

  • 7 Pinnacle Place (Queenstown)
  • 33 Willow Place (Kelvin Heights)
  • 92 Wilding Road (Lake Hayes)
  • Canyon Ridge (Arthurs Point)
  • Broadview Rise (Fernhill)
  • 13 Ayrburn Ridge (Millbrook)

Commercial

  • 9 Brunswick Street (Queenstown)

Cranes were removed from:

Residential

  • 9 Livingstone Lane (Frankton)

Civil

  • 2 Shotover Delta (Frankton)
  • Sugar Lane (Frankton)

Cranes remain at:

Commercial

  • Brecon Street (Queenstown)

Residential

  • Ploughmans Lane (Millbrook)
  • Tree Tops Rise (Queenstown)
  • Speargrass Flat Road (Queenstown)

Q1 2025

Summary

Region Change
QUEENSTOWN 2
Sector Change
AGED CARE N/A
CIVIC N/A
CIVIL -2
COMMERCIAL -1
DATA CENTRES N/A
EDUCATION N/A
HEALTH N/A
HOTEL N/A
MIXED USE N/A
RECREATION N/A
RESIDENTIAL 5
RETAIL N/A
Increase in number of cranes
Decrease in number of cranes
Crane numbers steady

Q1 2025

Crane Activity

By Region

OPENING / CLOSING COUNT COMPARISON

OPENING COUNT MOVEMENT CLOSING COUNT
Q3 2024 % NET Q1 2025 %
QUEENSTOWN 8 6.5% 6 -4 2 10 9.5%

By Sector

OPENING / CLOSING COUNT COMPARISON

OPENING COUNT MOVEMENT CLOSING COUNT
Q3 2024 % NET Q1 2025 %
AGED CARE 0 0.0% 0 0 0 0 0.0%
CIVIC 0 0.0% 0 0 0 0 0.0%
CIVIL 2 25.0% 0 -2 -2 0 0.0%
COMMERCIAL 2 25.0% 0 -1 -1 1 10.0%
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 0 0.0% 0 0 0 0 0.0%
RECREATION 0 0.0% 0 0 0 0 0.0%
RESIDENTIAL 4 50.0% 6 -1 5 9 90.0%
RETAIL 0 0.0% 0 0 0 0 0.0%
TOTAL 8 6.5% 6 -4 2 10 9.5%

RLB CRANE INDEX®

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