Victoria Park Stadium Brisbane: What Buyers and Investors Need to Know
Brisbane is entering a new era — and at the centre of it all is the newly announced Victoria Park Stadium, a $3.7 billion Olympic venue that will reshape the city’s inner north ahead of the 2032 Olympic and Paralympic Games.
More than just a sporting venue, this landmark project will have a significant ripple effect on surrounding property markets, local infrastructure, and long-term lifestyle appeal.
At Buywell Advocacy, we're already seeing increased interest from clients looking to position themselves ahead of this transformation — and here’s what you need to know.
The Stadium: Brisbane’s New Sporting & Cultural Hub
Capacity: 63,000 seats
Location: Victoria Park (Barrambin), Herston – less than 3km from the CBD
Purpose: Opening and closing ceremonies, athletics events
Timeline: Construction starts late 2026, to be completed before the 2032 Games
This replaces the previously proposed Gabba redevelopment, offering a more cost-effective and strategic location with room for new transport links, urban greening, and long-term precinct planning.
What This Means for Property Buyers
The Victoria Park precinct is surrounded by some of Brisbane’s most undervalued yet highly connected suburbs — and this announcement is expected to put them firmly on the radar.
Key Suburbs to Watch:
Herston: Directly adjacent to the site. Already home to QUT Kelvin Grove and the Royal Brisbane Hospital, this suburb is poised for serious uplift.
Bowen Hills: High-density, transport-rich, and under transformation. Ideal for lifestyle buyers and investors.
Kelvin Grove & Red Hill: Leafy, well-connected, and close to future growth — expect demand from professionals and families.
Spring Hill & Newmarket: Enjoy walkability, character housing, and excellent school catchments.
Property Market Impact: What We Expect
Capital Growth Potential: Infrastructure-led appreciation expected over the next 5–10 years, especially for inner-north suburbs within 3–5km of the stadium.
Increased Rental Demand: Proximity to new transport, events, and institutions will draw tenants. Investors should expect strong yield performance, especially in boutique or well-located apartments and low-maintenance homes.
Improved Amenity & Accessibility: A proposed new train station and public realm improvements will enhance liveability across the broader precinct.
Lifestyle Boost: Green spaces, walkability, retail, and health precinct upgrades will appeal to professionals, downsizers, and city-based families.
Why This Matters to Our Clients
At Buywell Advocacy, we help buyers look beyond the brochure — and this is a prime example of buying in front of infrastructure-led growth.
Whether you're:
An owner-occupier looking for a forever home with lifestyle upside
An interstate investor wanting to capitalise on long-term capital growth
A young professional or medical worker needing proximity to the RBWH or the CBD
…this announcement adds urgency and opportunity to Brisbane’s inner north corridor.
Strategic Buying in a Pre-Games Market
The stadium won’t be built overnight — but smart property decisions are being made now.
We’re already advising clients on:
Off-market purchases in 4059, 4006, and 4000
Character homes on larger blocks with future development scope
Walkable lifestyle units for long-term growth and rental demand
Low-maintenance investments close to the RBWH, QUT, and transport links
Final Thoughts: Buy with Vision, Not Hype
The Victoria Park Stadium will be a defining piece of Brisbane’s Olympic legacy — and for property buyers, it’s a chance to act early, before demand and prices surge.
At Buywell, we use data, insight, and local relationships to find the right property, at the right time, with the right potential — and we believe Brisbane’s inner north is now firmly in focus.
Looking to buy in a growth precinct before the Games?
Book a strategy session with Buywell Advocacy and secure your place in Brisbane’s future.