What if my property has been flooded?

Over 15,000 homes in Brisbane saw some waterlogging of yards, with 1,430 copped water “above the floorboards” by Sunday. Many more have been affected since. 

While the river may not have been as high as 2011, there are parts of the city that flooded that may not have been back then.

To help with the recovery, Mud Army 2.0 (established in 2011) has been activated across the city. It’s made up of hordes of helpers, like Haesley and I, who are here out to get the clean up going when the waters truly subside. 

Dressed in gumboots and carrying backhoes and pressure washers, we will be available to start the process of getting businesses up and running and homes back to a semblance of functionality. Worst case, if the home is unlivable, we can potentially help you with finding accommodation.

Owner of a flooded property?

• A Home Owner’s Guide to Rebuilding After a Flood
• A Contractor’s Guide to Rebuilding after a Flood
• Flood cleaning checklist
• Floods – Health and Safety Checklist 
• Guide to Assessment and Repair of Flood Damaged Timber and Timber Framed Houses
• AWCI Plasterboard Rectification resulting from Flood Inundation

What if I was about to sell?

There will certainly be some sales impact on the booming Brisbane property market after flood inundation of thousands of properties. Buyers will be cautious for some time of investing in anything that was inundated.

Thankfully, lessons learned from the 2011 flood event is that the impact isn’t long lasting, with 20 of the hardest hit riverside suburbs having outperformed the rest of Brisbane.

RiskWise Property Research showed suburbs impacted by the 2011 floods outperformed the rest of the market – some seeing housing prices rise as much as 52 per cent like Fig Tree Pocket.

Investors were expected to see strong rental yield gains going forward too in Brisbane, given its already tight vacancy rate was expected to be hit harder when insurers look to relocate flood affected families into short term accommodation. 

In the short term, safety, repairs and insurance are the main focus.

If we can be of assistance, please reach out.

Matt Lancashire