The Times Australia
Google AI
The Times Real Estate

.

What Does Buying in the Flood Zone Mean for Property Values in Brisbane?

  • Written by The Times

Due to the floods Brisbane has been experiencing semi-regularly, many properties in flood zones have been selling for much cheaper prices. Within a year of flooding, the median valuation of flood-impacted properties has dropped below that of unimpacted properties, leading to cheaper houses but at the cost of damages and possible future flooding. Three suburbs that saw this the most are Milton, Rocklea, and Fig Tree Pocket. Despite homes being on the more expensive side, properties in these suburbs which are older, lack proper drainage, or have damages, are cheaper than the homes unaffected by the floods.

Building Inspections to Check for Flood Damage

Building Inspections in Milton are incredibly necessary since the lower lying areas are prone to flooding, having been badly affected by the 2011 floods.

It’s essential to look out for:

  • Concrete Spalling in the foundation

  • Cracked, peeled, or bubbling paint

  • Landslip

  • Water tains in walls and floors

  • Wet patches or greener grass areas in the front and/or backyard – an indicator of stormwater drainage problems. 

Building Inspections in Rocklea have found that something as simple as elevated storage could indicate the seller is trying to obscure the extent of flood damage in the past, so having an inspector evaluate the property with an expert eye is important to the longevity of the property.

Some damages to watch out for are:

  • Cracks in the walls due to subsidence

  • Damage to or uneven floors

  • Dampness or a damp smell

  • Decay under the flooring

When it comes to Building Inspections in Fig Tree Creek, flood damage can be insidious and not as obvious on first glance – which is why it pays to book an inspector with local knowledge you can trust.  

It is important to stay vigilant for flood damage such as:

  • Visible mould or mould smell

  • Damage to the roof

  • Broken pipes or illegal plumbing connections

  • The state of the gutters

Having a professional examine the property for flood and water related damages could save thousands of dollars when those issues develop into expensive problems. It will also bring to light any aspects of the property which could become problematic during the next rainstorm or flood event. Checking to see if or how badly the property flooded in previous downpours, having an expert inspect the property, and fixing the damages will save you money in the long-run as well as boost the value of your home.

Property Times

New Year, New Keys: 2026 Strategies for First Home Buyers

We are already over midway through January, and if 2025 was anything to go by, this year will be over before we know it. For Joseph Khalil, Managing Director of With Finance, the start of the year is the most critical time for Australians to take c...

Vendor Advocacy Fees

Vendor advocacy fees can vary widely based on a number of factors, including the type of service provided, the scope of the engagement, and the experience of the advocate. Here's a general breakdown of how these fees might be structured: 1. Flat...

Understanding Kerbside Valuation: A Practical Guide for Property Owners

When it comes to property transactions, not every situation requires a full, detailed valuation. In many cases, lenders, investors, or homeowners simply need a quick, efficient assessment of a property’s approximate market value. This is where a ke...

Why the Prevailing RBA Mortgage Interest Rates Are Not to Blame for the Continuing Rise in Residential Dwelling Prices

Australia’s housing market remains one of the most debated economic issues of the decade. Despite successive Reserve Bank of Australia (RBA) interest rate hikes aimed at cooling demand, residential dwelling prices across most capital cities and man...

Times Magazine

Worried AI means you won’t get a job when you graduate? Here’s what the research says

The head of the International Monetary Fund, Kristalina Georgieva, has warned[1] young people ...

How Managed IT Support Improves Security, Uptime, And Productivity

Managed IT support is a comprehensive, subscription model approach to running and protecting your ...

AI is failing ‘Humanity’s Last Exam’. So what does that mean for machine intelligence?

How do you translate ancient Palmyrene script from a Roman tombstone? How many paired tendons ...

Does Cloud Accounting Provide Adequate Security for Australian Businesses?

Today, many Australian businesses rely on cloud accounting platforms to manage their finances. Bec...

Freak Weather Spikes ‘Allergic Disease’ and Eczema As Temperatures Dip

“Allergic disease” and eczema cases are spiking due to the current freak weather as the Bureau o...

IPECS Phone System in 2026: The Future of Smart Business Communication

By 2026, business communication is no longer just about making and receiving calls. It’s about speed...

The Times Features

Technical SEO Fundamentals Every Small Business Website Must Fix in 2026

Technical SEO Fundamentals often sound intimidating to small business owners. Many Melbourne busin...

Most Older Australians Want to Stay in Their Homes Despite Pressure to Downsize

Retirees need credible alternatives to downsizing that respect their preferences The national con...

The past year saw three quarters of struggling households in NSW & ACT experience food insecurity for the first time – yet the wealth of…

Everyday Australians are struggling to make ends meet, with the cost-of-living crisis the major ca...

The Week That Was in Federal Parliament Politics: Will We Have an Effective Opposition Soon?

Federal Parliament returned this week to a familiar rhythm: government ministers defending the p...

Why Pictures Help To Add Colour & Life To The Inside Of Your Australian Property

Many Australian homeowners complain that their home is still missing something, even though they hav...

What the RBA wants Australians to do next to fight inflation – or risk more rate hikes

When the Reserve Bank of Australia (RBA) board voted unanimously[1] to lift the cash rate to 3.8...

Do You Need a Building & Pest Inspection for New Homes in Melbourne?

Many buyers assume that a brand-new home does not need an inspection. After all, everything is new...

A Step-by-Step Guide to Planning Your Office Move in Perth

Planning an office relocation can be a complex task, especially when business operations need to con...

What’s behind the surge in the price of gold and silver?

Gold and silver don’t usually move like meme stocks. They grind. They trend. They react to inflati...