The entire state of Queensland will see an economic and social boost from hosting the Olympic Games, including a rise in jobs, property prices and wages.
The Brisbane housing market should see an uptick in prices in the medium and long term due to infrastructure upgrades and improvements in transport efficiency.
Brisbane is now the only city being considered for the 2032 Olympic Games. Bringing the Olympics to Queensland's capital will pour extra dollars into the economy.
“Before you start trying to work out which direction the property market is headed, you should be aware that there are markets within markets.” - Paul Clitheroe
With houses in lifestyle regions outperforming dense city living, South East Queensland is expected to soar this year with up to 10 per cent capital growth.
With low interest rates and government incentive schemes bolstering property values and new builds, Queensland investors and owner occupiers have a positive property outlook.
The $1.5 billion Crestmead Logistics Estate is one of Queensland's largest industrial projects and will provide 650,000 sqm of warehousing, business, logistics and manufacturing space.
The $2.1 billion package of "congestion-busting" road upgrades will include a "redesign" of the Gateway Motorway, Bruce Highway and Gympie Road interchange near Bald Hills.
