Two key transport works are underway in Brisbane.
The first is Cross River Rail, the largest rail project in Brisbane's history, expected to be completed in 2025, will link the south and north end of the city, greatly reducing commuting times, along the line areas such as Woolloongabba versus Dutton Park F.C. It is also a hot spot for investment.
The second project is Brisbane Metro, a high-capacity metro bus system connecting the city centre, the South Bank and the main campus, is expected to be operational between 2024 and 2025.
The upgrade of the transport network means that commuting convenience increases in sync with housing demand, also driving the potential for housing along the line.
The Brisbane Olympics are driven not only by traffic, but by a comprehensive urban renewal.
Main Stadium Gabba Stadium Refurbishment of AUD$25 billion will be undertaken to fully increase retail, catering and residential demand; located in the heart of the city Brisbane Live It will become a new entertainment landmark on Roma Street, with capacity for 17,000 spectators.
At the same time,Hamilton, Wisconsin It will be transformed into a new residential community after the Games as an Olympic Athletes' Village. South Bank THE RIVERSIDE AREA WILL ALSO UNDERGO MAJOR REDEVELOPMENT, COMBINING TOURISM AND CITYSCAPE UPGRADES TO FORM BRISBANE'S NEW CORE OF LIFE.
Brisbane's housing market will be divided into three stages of development as Olympic preparations progress, according to property consultants:
If overseas buyers want to make an early layout,”Presale Apartment (Off-the-Plan)” is the preferred entry option. This type of item fits FIRB requirements, while targeting potential areas for the future and enjoying early Olympic-themed growth bonuses.
The changes brought about by the Brisbane Olympics go far beyond one game.
From transportation upgrades, urban renewal, to population inflow and international exposure, the city is moving toward multi-core international cities.
For investors, this is a 10-year opportunity.
Brisbane Olympic Effect = Infrastructure Dividend+Population Dividence+International Exposure → Long Term Property Growth Momentum.
This is the best time to get an early card slot and board the Golden Growth Train.
