Figures released yesterday by Lord Mayor Newman revealed that 300,000 homes in Brisbane are in the path of flash-flood waters caused by storms. New computer generated maps which show river and creek flood areas estimate that over 28,000 properties could be affected. The highest number of the effected properties is in Coorparoo, Newstead, and Clayfield.
The software shows the three ways in which water can come onto properties. These are from river flooding, suburban creek flooding, and overland flow. Although river flood and suburban creek flooding are self explanatory, overland flow has confused some residents. This is simply when flooding occurs from heavy rain events.
Dan Molloy, the managing director of the Real Estate Institute of Queensland, has said that this flood mapping was unlikely to affect property values, but would allow for another level of research. The Insurance Council of Queensland has said that it is also unlikely to affect insurance premiums as the potential impact of flooding is already determined, however it does raise community awareness to the issue.
Download:
Clayfield Flood Map
Nundah Flood Map
Wavell Flood Map
Wooloowin Flood Map
For more information, and entire maps of Brisbane:
Flood Flag Map – Brisbane City Council
Tags: albion, ascot, banyo, boondall, bowen hills, brisbane, brisbane city council, buyer, buyers, clark, clark real estate, clark realty, clarkrealestate, clayfield, flood, flood map, hamilton, maps, queensland, real estate, rental, sale, selling, toombul, wavell heights, wooloowin
Its interesting that we experience the same laissez faire attitude in the UK. Organisations go to great lengths to produce flood maps. Insurers pay lip service to the information and home owners often think “it won’t happen to us and even if it does we are insured.”
It is in the insurance industry’s best interests to work with their customers to get them to take steps to protect their own properties by putting incentives in place (lower premiums &/or excesses, subsidised flood protection products) for them to install non-return values and invest in temporary flood guards for doors and airbricks.
The UK insurance sector bemoaned the cost of the 2007 floods at £3 billion. An investment of circa £300m would have mitigated most of this.
Can someone tell me why they are taking a lead on this?
Regards
John ALexander
Managing Director
Revetment
Dear Author clarkrealestate.wordpress.com !
In a fantastic way!