Gains from Brisbane’s 2032 Olympic Games were likely to be concentrated near new infrastructure rather than spread across the city, experts cautioned. PIPA chairman Peter Koulizos pointed to overseas studies showing only single digit premiums, with host boroughs in London selling for up to 3 per cent more, while PropTrack’s Cameron Kusher advised investors to track which upgrades were actually announced.
Reported by
PropTrack Vanessa De Groot, realestate.com.au, 14 February 2022
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