Can Brisbane's property market weather the storm?
As Brisbane contends with Cyclone Alfred, questions have again been raised about the capability of the city's real estate market to contend with flooding events and the insurance ramifications that could cripple finances and deter buyers.
Kayaks replace cars: Fully fledged cyclones are still rare but Brisbane is no stranger to flooding, with 2011 (pictured) among the worst to inundate the city. (Image source: Shutterstock.com)
When the sun is shining, the economy is thriving, and interest rates are favourable, Brisbane’s real estate market flourishes.
Over the past five years, Brisbane has seen strong property price growth, fuelled by interstate migration, affordability compared to Sydney and Melbourne, and major infrastructure investments.
With climate change leading to more frequent and severe weather events, the question arises: is Brisbane’s property boom sustain…
