Where to invest to cash in on the Olympic premium ...
Where to invest to cash in on the Olympic premium ...
18th August 2005
So, where should investor's look? Areas close to the Olympic complexes always enjoy the largest increase in property prices - as they benefit most from improved facilities and better transport links. This happened in the main area of development for the Sydney Olympics, Homebush Bay, a former industrial site 20 minutes from the centre of Sydney.House prices in Homebush Bay rose 70% in the five years in the run-up to the Olympics, compared to 50% in Sydney house prices generally.
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