【Australian property prices】2032 Olympics to double Brisbane property prices

【澳洲房價】2032奧運將使布里斯班物業樓價翻倍

As preparations for the 2032 Brisbane Olympics in Australia are in full swing, the Queensland government has recently announced a number of large-scale infrastructure plans. The industry generally expects that related developments will inject strong momentum into the local property market. According to data from real estate analysis agencies, housing prices in areas surrounding the Olympic venues have increased by more than 116% since the outbreak of the epidemic, and the upward trend is expected to continue after the event.

The Queensland government announced that it will build a “more efficient transportation network”, focusing on further comprehensive reforms of the existing infrastructure projects in the two areas of “railway lines and train stations” and “bus lanes and upgraded main roads”. The development projects are believed to greatly attract Brisbane residents to use public transportation to go to work and school. On the other hand, the government also announced that it would build athletes’ villages in the CBD, Gold Coast, Sunshine Coast and Rockhampton that can accommodate 15,000 Olympic and Paralympic athletes. These villages will be converted into permanent residences after the Games. This will not only help increase housing supply, but will also effectively enhance the city’s image and is expected to ease housing demand in surrounding areas.

Queensland property expert Damian Hackett pointed out: “Billions of dollars of investment will be concentrated in the core area of Brisbane. The upgrade of the transportation network will not only improve the city’s connectivity, but also create top residential development opportunities and completely strengthen the market for new and second-hand properties.” He emphasized that historical data in the past showed that large-scale infrastructure development often led to a leap in property values in surrounding areas.
Antonia Mercorella, CEO of the Queensland Property Institute, added: “These forward-looking plans will go beyond the Olympics to establish a sustainable development framework for the city. Inner-city residential projects in particular are expected to drive long-term property price growth, further enhancing Brisbane’s appeal as a global city.”

Looking back at the performance of the property market before and after the 2000 Sydney Olympics:
• 7 years before the competition: median price of strata units increased by 8% per year, and detached houses by 7.7%
• After the competition: The average annual increase in strata units remained at 7.6%, while that of detached houses jumped to 12.8%

According to data, the real estate market in Australian cities tends to maintain steady growth after the Olympic Games. After the 2000 Olympics, Sydney’s real estate values have steadily increased thanks to the city government’s detailed infrastructure planning and sustainable development support, and has become one of the top choices for global investors in the past 20 years. Now, Brisbane is preparing for the 2032 Olympic Games, which is driving the rapid growth of infrastructure projects. In addition, with its pleasant subtropical climate and relatively low prices, it is attracting an influx of overseas and local immigrants, making Brisbane a focal city in the Australian real estate market. The future potential for property appreciation is even more promising!

List of key development areas

As Olympic-related projects are gradually underway, analysts believe that the Brisbane property market will enter a new growth cycle, and potential buyers are advised to research locations with infrastructure concepts as early as possible. According to Mortgage Choice data, the area around Brisbane’s main Olympic venues has increased by 116.6% in recent years, reflecting the market’s early response to the benefits of infrastructure. Real estate experts also recommend that investors pay close attention to the following eight potential areas that will directly benefit from the 2032 Olympic infrastructure upgrade policy:
✅Herston ✅Kelvin Grove ✅Spring Hill ✅Bowen Hills ✅Fortitude Valley ✅Woolloongabba ✅East Brisbane ✅Kangaroo Point

Changmei Australia Property Australia Headquarters has 25 years of industry experience and can provide you with professional consulting services! Whether you are considering immigrating to Australia, investing in a rental property or studying, we will tailor the most suitable solution for you and help you find the most suitable property in Brisbane. Contact Betty now to learn more about the latest information on the Brisbane property market in Australia and realize your real estate dream!

【澳洲買樓】買樓比租樓真的更慳錢嗎? 2025 年布里斯本升學與移民的最佳策略

According to the latest data from Domain, an authoritative real estate platform in Australia, it is expected that by 2025, the price growth of stratified units in major Australian cities will exceed that of detached houses. Nicola Powell, head of economics and research at Domain, pointed out that this trend will bring new trends to the real estate market, especially for new buyers who are interested in buying a home, because the prices of stratified units (Apartments) and garden villas (Townhouses) are still relatively attractive to buyers.

Powell noted: “Historically, former houses have generally outperformed strata units in terms of capital growth. However, nothing is absolute and by 2025, we expect strata units in Brisbane, Australia, to outperform houses, which is a rare occurrence.” According to Domain’s year-end summary report, house prices in Brisbane are expected to rise by 5% to 7%, while strata unit prices will rise by 7% to 9%. This makes Brisbane one of the only major cities where strata unit values will grow faster than houses, while strata unit and house values in other cities will grow at similar rates.

Powell analysis points out that this trend will make strata units more attractive for shopping, especially for young buyers to enter the market more convenient. For first-time homebuyers, this will provide opportunities for capital growth and help open their investment path in the real estate market. In contrast, as the price of detached houses continues to rise, the pressure on first-time homebuyers to buy detached houses is gradually increasing. Therefore, it is expected that the growth trend of strata unit values will encourage more people to consider strata units as the first choice for entering the real estate market.

In the past, the Australian real estate market preferred detached houses, reflecting the desire for traditional detached houses and land. However, with the economic pressure and changes in population structure, stratified units have gradually become the mainstream choice. In addition, some buyers have also begun to choose townhouses to replace independent houses with land. If you want to know more about the real estate market in Brisbane, Australia, please contact Betty, Changmei Australia Property, to get the latest market information!

澳洲 布里斯本

【Australian property prices】2032 Olympics to double Brisbane property prices

【澳洲房價】2032奧運將使布里斯班物業樓價翻倍

澳洲布里斯本