Why invest in Brisbane

by | Aug 18, 2022 | Information about the Brisbane Market

Brisbane City aerial view of river and buildings
$1.6 billion for the Brisbane to Sunshine Coast (Beerwah-Maroochydore) rail extension
$1.121 billion for the Brisbane to the Gold Coast (Kuraby – Beenleigh) Faster Rail Upgrade
$150 million for the Brisbane Metro – Woolloongabba Station
$396 million for the South East Queensland City Deal
$27.2 million for three business cases for upgrades on the Bruce Highway between Anzac Highway between Anzac Avenue and Caboolture Bribie Island Road
$22.5 million for Brisbane Olympic and Paralympic Games 2032 business case development

Queens Wharf project

$3.6 Billion dollar project

Cross River Rail

Redefining Brisbane’s transportation options, the Cross River Rail is a new 10.2 kilometre rail line from Dutton Park to Bowen Hills, which includes 5.9 kilometres of twin tunnels under the Brisbane River and the CBD.

Waterfront Brisbane

Referred to as a city-shaping development for the Queensland capital, Waterfront Brisbane is planned to deliver a global-standard business and tourist destination that aims to maximise its prime riverside location with enhanced open spaces, amenities, and a premium waterfront dining hub.

New Performing Arts Venue (NPAV)

A $175 million infrastructure project that will put Brisbane on a global stage, the New Performing Arts Venue (NPAV) is in the midst of the construction phase. NPAV is currently being built at Queensland Performing Arts Centre (QPAC) and will deliver a new world-class, theatre facility for Brisbane, supporting more than 100 jobs during construction and more than 40 new full-time jobs upon completion.

Olympic benefits 2032

Westpac has forecast that Brisbane hosting the Olympics could produce at least $17 billion of economic and social benefits for Australia, with around $8 billion of that flowing into Queensland. Further, the event could create 130,000 direct jobs, including 10,000 during 2032. The Value Proposition Assessment from the Queensland Government also expects $20.2 billion in international visitor expenditure.
Sydney property values jumped 60% between the Olympic announcement in 1993 and the actual Games in 2000. Westpac Business Bank’s Chief Economist, Besa Deda said that “The 2000 Sydney Olympic Games were estimated to inject around $6 billion into the Australian economy.”