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Study: Flood Risk Reduces AU$42 Billion From Australian Property Values
One in six Australian homes face flood risk causing a $42 billion value loss, with a typical flood-zone house worth $75,000 less, worsening housing affordability and insurance challenges.
- This year, the Climate Council and PropTrack found homes in flood zones have lost $42.2 billion in value, with over two million Australian homes at risk of flooding.
- Following repeated flood events, including this year’s ex-Tropical Cyclone Alfred, Brisbane and flood-prone regions face slowed house price growth after multiple inundations.
- Region-Specific figures show that a typical three-bedroom, two-bathroom home in a flood zone is worth $75,000 less, with Chelmer and Graceville losing 10.6 and the Brisbane-area dropping 8.7 percent.
- Immediate impacts include insurance loss and recovery barriers, as homeowners in flood zones find it harder or impossible to insure their houses, leaving costs to the community.
- McKenzie cautioned that there is no silver lining as climate-driven declines can `trap` buyers and `compounds inequality`, while some coastal areas like Noosaville and Noosa Heads keep value.
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18 Articles
Floods Wipe $42 Billion from Australian Property Market: Report
Rising sea levels, heavier rainfall, and more frequent extreme weather events are already reshaping Australia’s housing market, with flood risks wiping an estimated $42.2 billion (US$27.4 billion) from national property values. New data reveals that one in six Australian homes—more than two million properties—are now considered flood-prone, negatively impacting their value. According to the 2025 valuation report by PropTrack and the Climate Coun…
·New York, United States
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Total News Sources18
Leaning Left2Leaning Right3Center1Last UpdatedBias Distribution50% Right
Bias Distribution
- 50% of the sources lean Right
50% Right
L 33%
C 17%
R 50%
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