Some Brisbane residents may face detrimental “flow on” effects for their home insurance, property values and development applications after Brisbane City Council’s updated flood maps.
Suburbs like Yeronga and Oxley that did not flood in 1974 or 2011, have been upgraded to high flood-risk areas, with Councillor for the area, Nicole Johnston said these are odd results as some properties are not located near a creek or in an overflow area.
Brisbane City Council notified all affected residents about changes to their property and more information can be found on the council website.