RLB CRANE INDEX®

95
-12 (11.21%)

Perth’s RLB Crane Index® fell from 107 to 95 index points.

Q1 2025

RLB CRANE INDEX®

PERTH

Q1 2025

Highlights

The index represents a total of 41 cranes across the city, slightly down from the 46 cranes reported previously. A total of thirteen cranes was added to developments, offset by eighteen removals.

Construction in Western Australia has seen 14% growth in CY 2024 with $46.7B worth of work done. Q4 CY 2024 construction activity was 10.2% higher than in Q3 CY 2024.

The Residential sector was down by 1.8% compared to CY 2023. Houses activity was down by 3.6% compared to CY 2023, while apartments were up by 1.0%.

The residential sector continues to dominate in Perth, accounting for more than 53.7% of all cranes.

Cranes were added at the following residential projects:

Residential

  • 141 West Parade (Mount Lawley)
  • 195 Pier Street (Perth)
  • Lumiere South Perth (South Perth)
  • Garden Towers (East Perth, two cranes)

Commercial

  • 220 Pier Street (Perth)
  • Watertank Way (Midlands, two cranes)

And other projects

  • Joondalup Health Campus (Joondalup, Health)
  • 28 Signal Terrace (Cockburn, Hotel)
  • Waterford Student Accommodation (Waterfords, Mixed Use / Other)
  • T1 Airport Carpark Project (Perth Airport, Civic, two cranes)

Twelve cranes were removed from residential projects, and six from other projects.

Q1 2025

Summary

Region Change
PERTH -5
Sector Change
AGED CARE -1
CIVIC 2
CIVIL -1
COMMERCIAL 2
DATA CENTRES N/A
EDUCATION -2
HEALTH 1
HOTEL 1
MIXED USE 0
RECREATION 0
RESIDENTIAL -7
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 %
PERTH 46 5.3% 13 -18 -5 41 4.9%

By Sector

OPENING / CLOSING COUNT COMPARISON

OPENING COUNT MOVEMENT CLOSING COUNT
Q3 2024 % NET Q1 2025 %
AGED CARE 2 4.3% 0 -1 -1 1 2.4%
CIVIC 0 0.0% 2 0 2 2 4.9%
CIVIL 1 2.2% 0 -1 -1 0 0.0%
COMMERCIAL 3 6.5% 3 -1 2 5 12.2%
DATA CENTRES 0 0.0% 0 0 0 0 0.0%
EDUCATION 7 15.2% 0 -2 -2 5 12.2%
HEALTH 1 2.2% 1 0 1 2 4.9%
HOTEL 1 2.2% 1 0 1 2 4.9%
MIXED USE 1 2.2% 1 -1 0 1 2.4%
RECREATION 1 2.2% 0 0 0 1 2.4%
RESIDENTIAL 29 63.0% 5 -12 -7 22 53.7%
RETAIL 0 0.0% 0 0 0 0 0.0%
TOTAL 46 5.3% 13 -18 -5 41 4.9%