Brisbane’s $7.1 billion transformation for the 2032 Games is underway. What does this mean for property investors?
The Olympics conversation swings between unrealistic hype and unnecessary caution. Brisbane Olympics 2032 creates real, permanent infrastructure changes affecting property values. The question is where, when, and by how much.
A Different Approach to Olympic Infrastructure
Brisbane’s Games will look different from past Olympics. Instead of building a new precinct on the city’s edge, key venues will sit within 5 kilometres of the CBD. This integrated approach means:
- Olympic infrastructure projects are upgrading existing areas rather than creating new ones
- Inner-city suburbs will see the most direct impact
- Transport and connectivity improvements will benefit residents long after the Games
The Queensland Government announced the 2032 Delivery Plan in March 2025, committing to 17 new and upgraded venues across the state. Construction began in early 2026, with venue completion targeted for 2031.
Victoria Park: Brisbane’s New Stadium Precinct
The centrepiece is a 63,000-seat stadium at Victoria Park, just north of the Brisbane CBD. This venue hosts the opening and closing ceremonies plus athletics during the Games. After 2032, it becomes Brisbane’s primary stadium, replacing the Gabba.
Design firms Cox Architecture, Hassell, and Japan’s Azusa Sekkei were appointed in January 2026.
What This Means for Nearby Property
Victoria Park connects to Royal Brisbane and Women’s Hospital, QUT, Inner City Bypass, Brisbane Metro, and existing rail networks.
Suburbs like Herston, Wilston, and Kelvin Grove benefit from proximity to employment, health, and education. The stadium adds major event infrastructure to areas with character protection and limited development capacity. These factors typically support stable growth rather than rapid appreciation.
Brisbane Showgrounds and the Bowen Hills Athlete Village
The Brisbane Showgrounds will transform during the Games, housing the main Athlete Village for more than 10,000 athletes and officials. Post-Games, this becomes permanent housing with 10,000+ dwellings entering the inner-city market.
Investors need to consider where this supply sits (price point, typology), how quickly it enters the market post-2032, and the broader Brisbane supply picture at that time.
King Street and surrounding areas already have high-density zoning. The Olympics accelerates development, but it’s adding to supply in an area already experiencing construction activity.
Athlete Village Supply Considerations
| Factor | Positive | Risk |
|---|---|---|
| 10,000+ dwellings | Increased housing supply | Price moderation short-term |
| Inner-city location | Strong rental demand | High competition |
| Olympic legacy branding | Long-term appeal | Construction timeline uncertainty |
What About Transport Infrastructure?
Here’s where the lasting value sits. Brisbane’s transport network is undergoing permanent upgrades:
Cross River Rail (completion ~2029) increases train capacity with four new inner-city stations improving CBD connectivity.
Brisbane Metro launched in 2024, with high-frequency services connecting Olympic venues and residential areas continuing post-Games.
Sunshine Coast Rail Link is targeted for 2032, improving northern corridor access to Brisbane. Olympics funding brings forward the timeline.
These aren’t temporary works. They’re permanent infrastructure influencing Brisbane property investment opportunities for decades.
Brisbane 2032 Infrastructure Impact Overview
| Project | Completion | Type | Primary Benefit | Property Impact Type |
|---|---|---|---|---|
| Cross River Rail | ~2029 | Rail | Increased CBD capacity | Long-term demand growth |
| Brisbane Metro | 2024 | Bus Rapid Transit | High-frequency routes | Improved inner-city connectivity |
| Sunshine Coast Rail | ~2032 | Rail | Northern corridor access | Growth corridor uplift |
How Should Property Investors Think About This?
Investors make two main mistakes. First, buying purely on Olympic hype in areas with unfunded infrastructure. Second, ignoring the Olympics completely and missing legitimate opportunities.
What to watch:
Confirmed projects only. If it’s not funded and under construction, it’s speculation.
Supply dynamics. New dwellings from athlete villages hit the market post-2032, affecting supply and demand balance.
Transport connectivity. Properties near new train stations or Metro stops typically see stronger long-term demand than proximity to venues.
Zoning protection. Suburbs with character overlays (like Herston) offer different investment profiles compared to growth corridors.
Where Are the Real Opportunities?
Transport infrastructure creates the most reliable growth. Cross River Rail’s new stations at Woolloongabba, Albert Street, Roma Street, and Exhibition improve connectivity for inner-city suburbs.
Brisbane Metro connects areas that previously had limited high-frequency public transport. Suburbs along Metro routes within 10-15 minutes of the CBD typically see increased buyer interest from professionals and downsizers.
The Brisbane Olympic precinct property growth story is about permanent changes to how people move around the city.
Queensland Tennis Centre and Southern Suburbs
The Queensland Tennis Centre in Tennyson is being upgraded with a 3,000-seat showcourt arena and 12 new match courts. This area has lower-density housing and rail access.
Nearby suburbs like Yeronga and Fairfield sit on the Beenleigh line with good CBD access. Watch for council planning amendments, transport infrastructure beyond the tennis centre, and development activity in surrounding areas.
Will Property Values Actually Rise?
Property values respond to genuine improvements in amenity, transport, and lifestyle. Brisbane Olympics infrastructure projects create these improvements in specific locations.
Inner-city suburbs gaining new transport stations typically see price growth above the broader market. Areas receiving athlete village housing see increased supply, which can moderate price growth in the short to medium term.
The Olympics, opportunity, and outlook for Brisbane property depends on which suburb you’re considering and what infrastructure directly benefits that location.
Regional Venues and Property Impact
Games venues extend beyond Brisbane to the Sunshine Coast, Gold Coast, and regional centres. Each receives upgraded sporting facilities.
For investors, the question is whether regional venues drive lasting population or employment growth, or simply provide better sports facilities. That distinction matters for property investment.
Managing Olympic Expectations
Focus on what changes permanently, not what happens for three weeks in July 2032.
Better transport connections, increased employment hubs, and improved lifestyle amenity drive property growth. Brisbane Metro and Cross River Rail will likely matter more than most venue locations.
Brisbane 2032 Investor Cheat Sheet
- Buy near transport, not venues
- Watch supply near athlete villages
- Character suburbs = stability
Growth corridors = upside - Ignore hype, follow funding
How Streamline Property Buyers Helps Investors Identify Real Opportunities from Brisbane’s Olympic Infrastructure
At Streamline Property Buyers, we help investors separate Olympics hype from genuine opportunity by:
- Analysing which Brisbane 2032 Olympics property investment opportunities offer real infrastructure benefits
- Understanding supply pipelines in athlete village locations
- Identifying transport-connected suburbs gaining permanent value
We are one of the most awarded property buyers agents. We can evaluate Brisbane infrastructure boom real estate opportunities based on fundamentals. Some areas will benefit significantly. Others won’t.
The Olympics creates once-in-a-generation infrastructure investment. For property investors, the opportunity sits in understanding which projects create lasting value.
If you’re considering Brisbane property investment in the lead-up to 2032, our team can help identify locations where fundamentals support long-term growth.
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