Brisbane woke up to an Olympic buzz this morning after the city was chosen to host the 2032 Games and property pundits are forecasting the event to have a lasting impact on the city’s property market.
In a 2006 article in The Australian Planner, Hao Wu from the University of Melbourne and Richard Reed from Reed Property Insights found that the 2000 Sydney Olympics had a substantial direct and indirect impact on the surrounding property market.
The research looked at the city’s residential property market both before and after the event and found an ‘irregular’ impact, with varying levels of influence in different geographical areas
However the authors noted the difficulty in isolating the impact of the Games from broader growth factors, particularly when it comes to property prices.
They argued the true effect of the Olympics on a city’s property market was not prices but the development of new districts within the Olympic precinct.
Analysis from Qiang Lu and Yupin Yang in the International Journal of Event and Festival Management found the impact on real estate varied from place to place, with positive price growth increasing at a higher rate pre-and post-Olympic period, but not during the bidding period.
Brisbane is a city unlike any other. Vibrant and multi-layered, it is home to everything you expect from a major, cosmopolitan metropolis, however, it exudes a relaxed temperament that embraces the city’s heritage as a tropical, tourist destination. The South Brisbane precinct shares this atmosphere, but has re-imagined it in a thoroughly modern way. It is a suburb that offers so much, with a wealth of retail amenity and bustling business districts. And it is still only the beginning. New infrastructure and development is being implemented everyday, meaning that as good as South Brisbane is today, it is only going to get better.
The city unfolds before you. A rich tapestry of places both familiar and unexplored, stretching as far as the eye can see.
It is here, high above the sounds on the street, that you can feel truly at home. A private sanctuary that is all your own, but connected to everything you could ever need. A place to live a life of elegance and style. Welcome to Brisbane 1.
Brisbane 1 is ideally located for residents to experience the very best of life in the city. Transport options abound with commuters able to move throughout the city effortlessly, by train, bus, road or ferry. The area also enjoys close proximity to prominent educational facilities, including primary and secondary schools such as Brisbane State High School, as well as tertiary institutions like Griffith University, Queensland University of Technology, and TAFE Queensland.
Epicurean delights abound in South Brisbane. From fine dining to quick, tasty take away, the area has developed into one of the premier districts for food and wine in Brisbane. Bustling destinations like Fish Lane, Grey Street and Little Stanley Street are brimming with cafes, restaurants and bars that offer great food and even better company, day or night. All your everyday shopping needs are at your fingertips with a world of luxury brands, major retailers and independent boutiques located just across the river in Brisbane’s CBD. A shoppers paradise that is only a scenic 1km walk from home.
Nature plays an important role in defining South Brisbane. It softens the urban environment, giving it a lush, tropical feel that is so synonymous with Brisbane. The Brisbane River flows majestically along the northern edge of the suburb, with road and foot bridges crisscrossing it, providing effortless connection to the CBD.
The South Bank Gardens are a true highlight of the area. Acting as a transitory space between the river and the residences beyond, this expansive green space is a true rarity in the centre of a major city.
A stroll through the park takes you through a diverse range of beautifully landscaped surrounds. One moment you feel like you’re lost in a verdant rainforest, then seconds later you emerge into a clearing that is home to a picturesque beach lagoon.
South Brisbane is home to the city’s spectacular cultural heart. Museums, galleries, theatres and the convention centre line the banks of the river creating a stunning precinct that perfectly compliments the naturally captivating landscape. It is a destination for the people of Brisbane to gather and bask in the grandeur and diversity of their culture. A place in a constant state of change and evolution as the finest local and international talents come and go, showcasing their skills on the grandest of stages.
In addition to the spectacular nature of the apartments themselves, the exclusive resident amenity that has been seamlessly integrated into the development, is truly world class. Looking out to the river, the rooftop spa and recreation area exudes a luxury and sophistication that gives you the feeling of arriving at an exclusive spa retreat. Large expanses of glass and open areas create an instant connection to the outside environment, while remaining sheltered from the elements, ensuring the area can be utilised all year round.
No matter the size or configuration, each residence at Brisbane 1 has been meticulously crafted to maximise space, style and functionality. Every detail is deliberate, while each finish echoes the notion of quality in every single touch point. Floor to ceiling windows allow natural light to fill each apartment, whilst taking full advantage of the breathtaking views on offer in all directions.
Artfully designed without compromising on versatility and function, the kitchens at Brisbane 1 are places to gather and create. Premium inclusions like European appliances, stone bench tops and timber cabinetry epitomize the high standards that the development has set for itself, bringing a delightful contrast of textures and a tangible connection to nature.
The most private spaces within any home are undoubtedly the bedroom and bathroom. These are places where we go to relax, unwind and enjoy an escape from the outside world. At Brisbane 1, these spaces exude tranquillity and calm. Decadent features like rich, wool blend carpet and smooth ceramic tiles create a serene environment that is always yours to enjoy.
Selling Price：From Aud$440,000
Room type： 1-3 Room
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Private Dining Room
Functions/ Meeting Room