Brisbane's Infrastructure Boom: How the 2032 Olympics Will Redefine the City

As Brisbane gets ready to host the 2032 Olympic and Paralympic Games, the changes are starting to take shape. The Queensland Government has announced a huge $7.1 billion investment to build and upgrade venues. This, without a doubt, is the biggest investment in infrastructure in the state’s history. Construction is expected to begin between 2026 and 2027. 

However, it’s NOT just about sports. Aside from the venue development, the city is also planning major transport upgrades to help people get around more easily. These include new rail lines, faster services to the Gold Coast, and better bus networks, which will surely benefit everyone in South East Queensland -- not just during the Games but also for many years after. 

What's In It for the Economy? 

Experts say the Olympics and Paralympics will bring a big boost to Brisbane’s economy, forecasting that 130,000 jobs could be created, and industries like tourism, construction, and services will likely grow. 

Property prices in Brisbane’s inner suburbs, especially those near Olympic venues, are also expected to rise. Some property experts believe prices could even double by 2032, with the average home price reaching $3.9 million. This forecast is based on trends seen in other Olympic cities, where similar price increases have occurred. For instance, Tokyo’s property prices went up by 37% after the event, while London saw a 64% rise, and Athens jumped by 75%. Even Sydney saw a 60% increase in home values when it hosted the Olympics in 2000. 

Key Brisbane 2032 Olympic and Paralympic Venue Highlights 

Here are some of the biggest projects being planned: 

Brisbane Olympic Stadium – Victoria Park 

• cost: $3.785 billion | seats: 63,000 

• this will be the main stadium for the Olympics, hosting the opening and closing ceremonies as well as the athletic events 

• after the Games, it will be used for AFL and cricket in Queensland, replacing The Gabba 

• will include green spaces, better public transport, and seamless integration into the broader Victoria Park urban renewal 

Athletes' Village – Brisbane Showgrounds, Bowen Hills 

• seats: 10,000 (Olympics) and 5,000 (Paralympics) 

• located strategically within the Brisbane Showgrounds precinct, benefiting from well-established transport links and urban infrastructure 

• after the Games, the village will be converted into permanent housing, which will increase the supply of inner-city residences 

• the precinct’s 20,000-seat main arena will be upgraded to accommodate major events and support long-term use 

Aquatic Centre – Spring Hill 

• cost: $650 million 

• a new aquatic venue with 20,000 seats during the Games will be constructed 

• after the Games, it will be reduced to 8,000 seats and be used as a world-class centre for both high-performance and community use 

Queensland Tennis Centre – Tennyson 

• a new 3,000-seat court and 12 extra courts will be added 

• this will make it one of the top tennis venues in the world 

Chandler Sporting Precinct 

• will get major upgrades to support para-sports and community use 

• designed to be more accessible for people and athletes with disabilities 

In short: A Better Brisbane for Everyone 

The 2032 Olympic and Paralympic Games are a huge opportunity for Brisbane. Undeniably, these projects are not just for the said events, but they are also about building a better city. With billions being spent on new buildings, better transport, and housing, Brisbane is set to grow in amazing ways! 

In fact, new luxury apartments are also being developed in popular suburbs. This means this can be your chance to buy a home in one of Brisbane’s most exciting locations even before the world takes notice. So, don’t miss out—contact us today if you are interested in purchasing a home in Brisbane.