Flooding damage
Hello
I am based in Sydney and plan to relocate to Brisbane in a few years to live. My plan is to buy that house now and rent it out until my family is ready to relocate.
I am planning on travelling up in the next couple of weeks to view suburbs such as Wynnum/Sandgate/Redcliffe. Does anyone know how badly these were affected by the floods? I am keen to come and see them but obviously no point if they are still recovering.
Any help would be greatly appreciated.
I am based in Sydney and plan to relocate to Brisbane in a few years to live. My plan is to buy that house now and rent it out until my family is ready to relocate.
I am planning on travelling up in the next couple of weeks to view suburbs such as Wynnum/Sandgate/Redcliffe. Does anyone know how badly these were affected by the floods? I am keen to come and see them but obviously no point if they are still recovering.
Any help would be greatly appreciated.
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Yes, all the suburbs you mention flood. There's an easy trick to test your potential home's flood risk. Call Suncorp insurance and get a home insurance quote on that address. The quote will tell you if you are a high risk address. My oldest sister's home premium just increased from 24,000 to 30,000 per year. My brother pays 12,000 per year. I am not considered flood risk and I pay 3,000 per year for a 500k cover. Trust this helps
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