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Will Brisbane’s Olympics momentum surpass Sydney’s price boom?
['Gemma']
Property Investment News | Australia
The 2032 Brisbane Olympic Games will spark a wave of property price growth across key areas amid a $7.1 billion Olympic infrastructure rollout and billions more in transport and precinct upgrades.
Michael Hatzifotis, director at Place Estate Agents South Brisbane, said his agency is seeing strong buyer demand, particularly near the South Bank precinct and South Brisbane West End precinct.
“People are starting to come off that peninsula down into that South Brisbane West End – I would say South Brisbane and South Bank [are] becoming more popular than Kangaroo Point,” he said.
Meanwhile, Brisbane’s median house prices are currently $1,040,651, while its median unit prices are $740,992.
The question that remains for investors watching the Brisbane property market is: Where to buy to ensure the highest returns?
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