It would also go against the wishes of Rowing Queensland, which wanted the event kept at its venue in the Scenic Rim, west of the Gold Coast.
The body argues it would give the sport a better lasting legacy.
It’s most likely to be in Victoria Park, 9News understands, even though the independent review found that option to be too costly.
Insiders told 9News they wanted to create a legacy for swimming.
A new Olympic Village is set for the Brisbane Showgrounds, to be built in partnership with Lendlease.