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Crane index shows little sign of a building boom

Michael Bleby

A pick-up in residential cranes pushed Melbourne’s total tower cranes to a two-year high, making the Victorian capital one of just three cities – along with Wollongong and the Sunshine Coast – to show an increase in tower crane numbers over the past six months, the Q1 2025 RLB Crane Index shows.

The net pick-up of 13 residential cranes – 42 were removed and 55 new ones went up across Melbourne – topped the single-digit increase in cranes on data centre projects, hotels and civil infrastructure work, according to the latest half-yearly index.

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Michael Bleby covers commercial and residential property, with a focus on housing and finance, construction, design & architecture. He also dabbles in the business of sport. Michael is based in Melbourne. Connect with Michael on Twitter. Email Michael at mbleby@afr.com

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    Original URL: https://www.afr.com/property/commercial/melbourne-s-residential-crane-rise-fails-to-boost-housing-supply-hopes-20250331-p5lo0l