How the Brisbane Olympics could cause a high jump for property prices

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The Games are set to bring more investment dollars than ever to the Queensland capital and could fuel the biggest real estate renaissance in the city’s history. Here are the suburbs to watch.

The Brisbane 2032 Summer Olympics could fuel the biggest real estate renaissance in the city’s history, with industry experts predicting a gilded decade of property price growth that will push the median house price past the million-dollar mark and see key infrastructure suburbs soar.

“In worldwide real estate searches, Brisbane and the Gold Coast were recently rated among the top , so we are already being seen as a worldwide city and we are just about to see the floodgates open . “People already understand it’s a great thing for the city and it’s underlying their thinking around investing in and around the inner city ,” Mr Burgin said.

“There are so many powerful forces working for the Brisbane market and the Olympics are just one, so we are naturally going to close the gap between us and southern states, and then with the addition of major infrastructure – such as the Cross River Rail, Queens Wharf and the Eagle Street development, Brisbane liveability has never been better.Matt Dennien

Source: News Formal (newsformal.com)

 

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