Sydney has 350 cranes on construction sites around the city, and it’s mostly thanks to residential construction.
In second place is Melbourne with a record 150 cranes but it still doesn’t compare to Sydney’s 350, according to the RLB Crane index, published biannually by Rider Levett Bucknall.
Sydney’s cranes aren’t concentrated in the CBD alone. They are spread across 109 suburbs in Sydney as well. Epping is the suburb with the highest number of cranes at 16 followed by Wolli Creek with 13.
This is significant because cranes are an indication of construction activity, which is booming in Sydney, particularly residential construction. Read more at http://www.news.com.au/finance/real-estate/sydney-nsw/sydney-the-crane-capital-of-australia-rlb-crane-index/news-story/99d722f498fcc5b976e2829c05d639ee