The grand nature of an event like the Olympics means that countries are given large amounts of time to prepare for the World Games.

The next Olympic games will occur in 2024 in Paris, France and Los Angeles, United States in 2028.

Both country’s bids were announced in 2021, giving both bidding countries ample time to prepare.

Brisbane will host the 2032 Olympic Games and was selected to host in 2021, giving the host nation 11 years to implement the appropriate infrastructure.

One thing on the mind of property investors is, how the games will impact the property market.

Events like the Olympics profoundly impact the host nation, with one of Queensland’s leading real estate agents reporting that job creation is a huge factor and is a huge reason property prices grow.

These massive events therefore increase the purchasing power of those entering the market.

The G20 Summit also reported that the median house price following an event like the Olympics saw a rise of 14% the following year after the games.

Leading property data provider, CoreLogic, has identified suburbs in Brisbane that can expect a huge boost after the Olympics.

Suburbs include:

• Albion
• Woolloongabba
• Coorparoo
• Camp Hill
• Redcliffe
• Forest Lake
• North Lakes

Are you looking to take advantage of the 2032 Olympic property boom?

Now you can…inside your super with SMSF property investment!

Get in touch with our team today to begin your journey!