Apartments beside Brisbane's Olympic stadium site outpace Spring Hill houses

What's happening

Developer Keylin has revealed the finished facade of Oria, a 15-storey apartment building at 447 Gregory Terrace, Spring Hill, directly opposite Victoria Park, where the main Brisbane 2032 stadium is planned. More than 10,000 m² of scaffolding has come down to show the scalloped aluminium exterior.

The project highlights a notable price shift: Oria's three-bedroom apartments are averaging $3.2 million, above the PropTrack average of $2.28 million for a Spring Hill house. It is a sign that buyers are willing to pay for large, high-amenity apartments close to the city and to future Games infrastructure.

The key details

Oria is being built by CoStruct and designed by MAS Architecture Studio on a site of about 3,700 m², the former Energex site.

• Apartments: 132 two, three and four-bedroom homes
• Largest three-bedroom layouts: up to 246 m²
• Amenity: almost 2,000 m², including a rooftop pool, cinema, gym and an in-building pickleball court
• Final release: two-bedroom Sky Homes with 3-metre ceilings, from $1.6 million
• Display apartments: two open by appointment

Timeline and next steps

The structure topped out in April 2026 and first residents are expected in early 2027, well ahead of the Games. Planning for the Victoria Park stadium and precinct continues through the State's Games delivery program.

Keylin managing director Louis Cheung said buyers want city living "without compromising on space".

MAS Architecture Studio managing director Nick Symonds said the facade draws on Spring Hill's Art Deco heritage without copying it. With the building now visible from Victoria Park, the project gives an early look at how the precinct around the future stadium may evolve over the next decade.

What it means for Gold Coast property owners and developers

The Oria result adds to evidence that Olympic-linked precincts are drawing owner-occupier demand for larger, premium apartments. The same trend is visible on the Gold Coast, where downsizers are paying strong prices for spacious apartments near the beach, light rail and future Games venues.

Investors should note that infrastructure benefits take time and are not guaranteed to flow into prices, and that premium apartment values can be sensitive to interest rates. Buyers should compare per-square-metre pricing and strata costs. This is general information, not financial advice.

Frequently asked questions

Where is Oria?

Oria is at 447 Gregory Terrace, Spring Hill, opposite Victoria Park in inner Brisbane.

What is planned at Victoria Park for Brisbane 2032?

Victoria Park is the location of the new main stadium planned for the Brisbane 2032 Olympic and Paralympic Games.

When will Oria be completed?

The structure topped out in April 2026, and first residents are expected in early 2027.

Source: Brisbane Development, published 22 September 2026. This article is an independent summary and commentary by GC Prestige based on the original report — read the source for full details.