Adam Empringham,
Director of Sales at Image Property.
2032 Olympics: Victoria Park confirmed
After months of speculation, it’s official: Victoria Park in Herston will become the central stadium location for the Brisbane 2032 Olympic and Paralympic Games.
The Queensland Government has confirmed a brand new 63,000-seat stadium will be constructed at the inner-city parkland, replacing the original Gabba redevelopment plan. This decision marks a pivotal moment – not only for the Olympics but for the future of Herston and the broader South-East Queensland property landscape.
A New Era for Herston and Surrounding Suburbs
With this announcement, Herston is no longer just known for its proximity to hospitals, universities, and the city – it’s now set to become the global focal point for one of the most significant sporting events in history.
Neighbouring suburbs like Spring Hill, Bowen Hills, Kelvin Grove, and Red Hill will benefit from infrastructure upgrades, increased demand, and renewed public and private investment. Buyers and investors will be watching this corridor closely in the years leading up to the Games.
Events of this scale create long-term impacts that extend well beyond two weeks of competition. From improved transport links and public amenity to increased housing demand and economic stimulation, Herston and its surrounds are set to experience a once-in-a-generation shift.
A Region-Wide Opportunity
While Victoria Park will be the headline act, the 2032 Olympics are being delivered as a regionally shared Games, with events and infrastructure upgrades planned across Brisbane, the Gold Coast, the Sunshine Coast, Logan, and Moreton Bay.
This decentralised approach spreads opportunity far and wide. The lead-up to 2032 will bring:
– Upgraded sporting venues
– New athlete villages
– Major investment in roads, rail, and public spaces
– National and international attention on our lifestyle suburbs
For homeowners and investors in South-East Queensland, this means elevated demand, increased rental interest, and sustained growth – particularly in suburbs with strong transport links and lifestyle appeal.
A Defining Moment for Property
With the Victoria Park announcement now confirmed, the property market has a clear signal: the path to 2032 has officially begun.
Those positioned near Olympic infrastructure – whether in inner Brisbane or further afield – can expect to see the flow-on effects in the years to come. History shows us that cities hosting global events often experience notable increases in property values and economic activity, particularly in well-connected urban corridors.
Looking Ahead
As construction plans unfold and infrastructure projects take shape, South-East Queensland has the rare opportunity to grow with purpose. For buyers, sellers, and investors alike, now is the time to understand how this shift may affect long-term property trends.
Want to learn more about how this announcement could impact your suburb? Our expert team is here to provide suburb-specific insights and guide you through the opportunities ahead.
