Despite Brisbane’s flood crisis, buyers are still eager to nab a property, with this house selling for a whopping $1.8m.
It is still unclear how the current disaster will impact property prices for the state.
This house in Sherwood, Brisbane experienced flooding during the deluge the city felt last weekend when around 1000mm of rain fell between Friday and Sunday. Picture: NewsWire/Sarah Marshall “Australians have historically placed a high value on housing within close proximity to the water. Whether this trend changes based on forecasts of more frequent severe weather events is yet to be seen.”
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