Olympics win to launch 'golden decade' for Brisbane property
Brisbane’s 2032 Olympics win is likely to give the River City’s property market another boost, with experts saying it will likely sustain record-setting price growth for the next decade. The International Olympic Committee announced Brisbane as the successful bidder for the 2032 Olympic and Paralympic games this week, with the win a culmination of a near-decade's worth of planning by the Queensland state government and the City of Brisbane. Brisbane's property market is alrea
On your marks: Schrinner eyes decade-long boom
Brisbane could look forward to a decade long investment boom it wins the bid to host the 2032 Olympics, Lord Mayor Adrian Schrinner told a business conference this morning. He said most people overseas had heard of Sydney, Melbourne and the Gold Coast but they had never heard of Brisbane and that was a key issue if the city wanted to attract investment. “The last time people heard of us was when we were inundated the 2011 flood,’’ Schrinner said. “People won’t visit your city
Games Inspire ‘Golden Decade’ of Development in Queensland
Hosting the Olympic Games in Brisbane will provide a “once in a century” opportunity to attract global business investment and capital into the property sector according to a research report. The Colliers report outlined how the 2032 Olympic Games would enhance the liveability of the region and provide financial and economic prosperity of more than $8 billion for Queenslanders. Colliers Queensland chief executive Simon Beirne said the focus would be on south-east Queensland’s
Brisbane Celebrates 2032 Olympic Games Win
Brisbane has been announced as the host city for the 2032 Olympic Games, firming plans for a massive infrastructure program across Queensland’s south-east. While perhaps lacking the same level of jubilant celebrations of the Sydney 2000 announcement, thanks to Covid-19 restricting close contact, Brisbane Lord Mayor Adrian Schrinner and Queensland Premier Annastacia Palaszczuk were in Tokyo for the announcement. The premier and lord mayor were seen celebrating the win and givi
Copy of Which regions have seen the highest rent value increases over the year?
The CoreLogic Quarterly Rental Review for June showed a strong uplift of 6.6% in rent values over the year. This follows a decade of relatively subdued annual rent growth, averaging 1.8% since June 2011. The annual growth rate of 6.6% marked the strongest annual uplift in over a decade. CoreLogic data across 88 SA4 markets₁ shows that, as with the current housing market upswing, rental market increases have been broad-based. Annual rent increases were observed across 79 of th
