Brisbane 2032 Olympics: What the Infrastructure Boom Means for Property Investors

With the announcement of the Brisbane 2032 Olympic and Paralympic Games venues, a new wave of interest has surged across the local property market. But beyond the headlines and excitement, serious investors are asking the right question: What does this mean for property values and where are the real opportunities?

At Streamline Property Buyers, we believe the legacy of the Olympics won’t just be about sport. It’s going to reshape infrastructure, transport, and housing across Brisbane. In this post, we break down what’s happening, where, and what savvy investors should watch for.

A Different Kind of Olympic City

Unlike previous host cities like Sydney or London that built Olympic precincts well outside the CBD, Brisbane is taking a more integrated approach. Key venues will be located within a 5 km radius of the city centrem, maximising existing infrastructure and keeping the Games walkable and accessible.

This decision alone makes Brisbane’s Olympic setup unique and potentially more impactful on inner-city property markets.

Spotlight on Victoria Park & Herston

The main stadium for the opening and closing ceremonies, along with athletics, will be built in Victoria Park, just north of the CBD. This area already offers:

Proximity to the Royal Brisbane and Women’s Hospital
Access to QUT and other education hubs
Inner City Bypass, Brisbane Metro, and train connectivity

Next door, Herston is a tightly held suburb with protected character zoning, a dominant professional demographic, and limited future supply due to pre-war overlay restrictions.

We highlighted Herston as a top suburb to watch even before the Olympic announcement, and it’s easy to see why: it ticks every box for long-term growth.

RNA Showgrounds & King Street Precinct

Just east of Victoria Park, the Brisbane Showgrounds are set for major upgrades. This area already includes:

A train station inside the precinct
Pedestrian links to Victoria Park and the CBD
High-density zoning along King Street
Access to the vertical Fortitude Valley School

The athletes’ village will also be located nearby, eventually adding up to 10,000 new dwellings to the local market post-Games. For investors currently buying into this area, it’s important to consider how that additional supply could affect future property values.

The Gabba & Woolloongabba Precinct

While The Gabba will host events leading up to and during the Games, it’s scheduled for demolition afterward. Plans are being considered for an entertainment precinct, though this development hinges on future funding.

This is a timely reminder: don’t speculate on infrastructure before it’s confirmed. We’ve seen examples of investors buying too early, only to find the plans change or funding stalls.

Tennyson Tennis Centre & Southern Growth

Over on Brisbane’s south side, the Queensland Tennis Centre in Tennyson will be upgraded with new courts and spectator capacity. While the area currently features low-density homes and some flood risk, it’s serviced by rail and may see zoning changes in the lead-up to the Games.

Nearby suburbs like Yeronga and Fairfield offer potential for growth, especially if infrastructure planning supports future densification.

Long-Term Transport Benefits

Olympic Games aside, Brisbane is undergoing a transport transformation that will benefit property investors for decades:

Cross River Rail (due ~2029) will unlock train capacity and improve service frequency across the city.
Brisbane Metro high-frequency bus network is expanding, linking key Olympic venues and residential areas.
Sunshine Coast Rail Link (targeted for 2032) will improve access from the northern corridor to Brisbane, benefiting both commuters and coastal residents.

These projects represent permanent, value-driving infrastructure the kind smart investors look for.

Key Considerations for Investors

Watch the zoning: Inner suburbs like Herston and Wilston have limited capacity for new dwellings, driving long-term demand.
Avoid speculation: Don’t buy based on promises—focus on confirmed, funded projects.
Understand future supply: New dwellings from athletes’ villages could impact oversupplied markets post-2032.
Prioritise proximity and transport: Walkability and transit access will become more important as the city grows.

Brisbane is entering a once-in-a-generation transformation and investors who understand the real implications of Olympic infrastructure will be best placed to benefit.

At Streamline Property Buyers, we’re already helping our clients position their portfolios to take advantage of long-term growth, not just Olympic hype. If you’re considering your next investment or want to understand how these changes affect your residential or commercial property investment strategy, get in touch with our team.

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