A Noosa property expert is forecasting a significant uplift in Noosa property values as investor interest accelerates in the lead-up to the Brisbane 2032 Olympic and Paralympic Games.
According to Klein Hunter Property Buyers director Kirstie Klein-Hunter, inquiries from interstate and New Zealand-based investors are ramping up as buyers look to get ahead of a predicted property boom.
“One of the most common questions I’m asked is whether the Olympics will impact property prices in Noosa,” she said.
“The answer is yes – and we’re already seeing early signs.”
The Brisbane 2032 Games are driving investment in infrastructure across South East Queensland and placing global attention on key destinations including Brisbane, the Sunshine Coast, Gold Coast and Noosa.
Klein-Hunter said this is translating into a growing demand for properties that offer both lifestyle and short-term rental opportunities.
“We’re seeing nearly all investors come from Sydney, Melbourne and New Zealand, and they are seeking out a piece of paradise in Noosa – not just for lifestyle but as a smart investment,” she said.
Buyers are targeting properties that come with short-term accommodation permits, allowing them to tap into the region’s popular holiday rental market while also securing a personal getaway. With the Sunshine Coast’s short-term rental regulations becoming more complex, the key is locking in properties with permits before competition tightens according to Klein-Hunter.
“My prediction is that properties purchased in today’s market could as much as double in value by 2032,” she said.
And new data backs the surge in interest. A recent survey by Finder found seven per cent of Australians plan to buy property in Brisbane ahead of the 2032 Games – equating to roughly 1.5 million people who are aiming to create their own gold through real estate.
Compounding the opportunity is an anticipated accommodation shortage during the Games. Southeast Queensland currently offers just 46,000 hotel rooms, which is well short of the 120,000 rooms on offer in Los Angeles and the 133,000 in Paris. Even with developments in the pipeline, the region is only expected to reach 51,000 rooms by 2030.
“With just seven years to go, Queensland is already behind in meeting the demand. During the Games, we’ll see huge pressure from athletes’ families, supporters, teams and visitors – all needing a place to stay,” Klein-Hunter said.
“Those who secure the right property now will be in a strong position to benefit from both rising values and the surge in rental demand during the Games.”
