The precinct comprises three areas: Olympic Park, Melbourne Park and Yarra Park. Olympic and Melbourne Parks are jointly managed, and Yarra Park is managed separately. The precinct is bordered to the north by Wellington Parade, to the east by Punt Road, to the south by the Yarra River, and to the west by Batman Avenue.
Olympic Park Oval, a public playing field & running track, now primarily used for training purposes by the Collingwood Football Club.
Gosch's Paddock, a public playing field, previously used for training by the Collingwood Football Club, and now used by the Melbourne Football Club, Melbourne Storm Rugby League Club & Melbourne Victory FC for training purposes.
Motordrome -a former speedway and Australian rules football ground. Demolished 1951 and replaced by Olympic Park Stadium.
Olympic Park Stadium (capacity 18,500; outdoor), formerly the premier venue for track and field and rectangular field sports. The stadium was superseded for rectangular field sports by AAMI Park in 2011, and was demolished in 2011/12.
Velodrome -A 4400 seat, 333 metre long velodrome that was used for the track cycling events of the 1956 Olympics.This venue was located at on the northern/ Swan Street side of the Olympic Park 
The precinct is located adjacent to both the Richmond and Jolimont railway stations; every train servicing the eastern side of Melbourne passes through one of these two stations. The precinct is also serviced by three tram routes from the city centre. Three footbridges are provided to cross the railway lines which divide the northern and southern halves of the precinct. The area in Yarra Park surrounding the Melbourne Cricket Ground is made available for ticketed car parking during major events in the precinct; free parking in the surrounding streets is available but limited.