Brisbane Olympics 2032: Development and Infrastructure Overview
With the announcement of the Brisbane Olympics 2032 and Paralympic Games venues, a new wave of interest has surged across the Brisbane 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 Olympic infrastructure, transport, and housing across Brisbane. In this post, we break down what’s happening, where, and what savvy investors should watch for, and how our buyer’s agent services can help you capitalize on these opportunities.
A Different Kind of Olympic City
Unlike previous host cities like Sydney or London that built Olympic precincts well outside the Central Business District (CBD), Brisbane CBD Olympics will take a more integrated approach. Key venues will be located within a 5 km radius of the city centre, 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, especially for those exploring whether commercial property is the next step in their investment journey.
Inner-city impact on property values
The proximity of venues to the CBD is expected to drive interest and long-term growth in inner-city suburbs.
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 investment opportunities are strong due to protected character zoning, a professional demographic, and limited future supply.
Proximity to healthcare & education hubs
These factors enhance long-term demand for property in Victoria Park and Herston.
Transport connectivity and inner-city growth
Excellent public transport and road access will make these areas highly attractive for investors.
RNA Showgrounds & King Street Precinct
Just east of Victoria Park, the Brisbane Showgrounds are set for major upgrades. This area includes:
- A train station inside the precinct
- Pedestrian links to Victoria Park and the CBD
- High-density zoning along King Street
The athletes’ village will add up to 10,000 new dwellings to the local market post-Games. Investors in King Street Brisbane property should consider how this supply may influence future property values.
Transport connectivity and inner-city growth
New dwellings could affect the supply and demand balance, so plan investments carefully.
Transport connectivity and inner-city growth
Areas with zoning changes may present long-term growth opportunities, but may also change neighbourhoods, so be aware of impacts, both positive and negative.
The Gabba & Woolloongabba Precinct
While The Gabba redevelopment in Brisbane will host events during the Games, it’s scheduled for demolition afterward. Future plans for an entertainment precinct are under consideration but depend on funding.
Future entertainment precinct opportunities
Investors should monitor plans but avoid premature speculation.
Risks of speculative investment
Buying based on unconfirmed infrastructure may lead to losses if plans change.
Tennyson Tennis Centre & Southern Growth
The Queensland Tennis Centre in Tennyson will be upgraded, including new courts and spectator capacity. This area currently has low-density homes and some flood risk but is well-serviced by rail.
Nearby suburbs like Yeronga and Fairfield offer potential growth, especially if Southern Brisbane development supports future densification.
Potential growth in Yeronga and Fairfield
Investors should track zoning updates and transport improvements.
Zoning changes and infrastructure planning
Infrastructure planning may influence property values in some south side suburbs.
Long-Term Transport Benefits
- Beyond the Games, Brisbane is undergoing a transport transformation:
- Cross River Rail (due ~2029) will improve train capacity and service frequency.
- Brisbane Metro high-frequency bus network expansion will link Olympic venues and residential areas.
- Sunshine Coast Rail Link (targeted for 2032) will improve access from the northern corridor to Brisbane.
These are permanent, value-driving infrastructure projects that savvy investors consider when evaluating properties, as discussed in our post on Olympics, Opportunity & Outlook: The Future of Brisbane Property.
Impact on residential and commercial property values
Enhanced transport connectivity is expected to boost demand across Brisbane suburbs.
Permanent value-driving infrastructure for investors
Projects such as Cross River Rail and Brisbane Metro are long-term catalysts for property growth, especially in locations that benefit from this infrastructure.
Key Considerations for Investors
- Watch zoning: Inner suburbs like Herston and Wilston have limited capacity for new dwellings.
- Avoid speculation: Focus on confirmed, funded projects rather than promises.
- Understand future supply: New dwellings from athletes’ villages could influence post-2032 property markets.
- Prioritise proximity and transport: Walkability and transit access will become increasingly important.
Positioning Your Portfolio for Long-Term Growth
Brisbane is entering a once-in-a-generation transformation. Investors who understand the real implications of Olympic infrastructure hype and apply strategies from our post on How to Make Brisbane Property Investment Simple and Successful will be best placed to benefit.
At Streamline Property Buyers, we’re helping clients position portfolios for long-term growth, not just Olympic hype. If you’re considering your next commercial property investment or want guidance on Brisbane property investment portfolios, get in touch with our team.
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