QLD Gold Coast - where to avoid flood risk

Discussion in 'Where to Buy' started by sesemrub, 20th Jun, 2021.

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  1. sesemrub

    sesemrub Member

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    Hi. We're planning a move to Aus. I think we've been priced out of the Sydney market and are considering the Gold Coast. All the nicest properties in the most sought after areas seem to be water frontage. The flood maps virtually cover the whole of the coastal areas so presume home insurance would be unavailable or exorbitantly expensive. Are there any suburbs we could consider that are safer or with properties on slightly higher ground yet still relatively close to the beach? Burleigh Heads seems an option but there's limited availability and roads look a bit too steep.
     
  2. boganfromlogan

    boganfromlogan Well-Known Member

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    Burleigh Heads is a good option. There is some high ground near Miami Beach..... some height across from Carrara Stadium.

    Penthouse of Q1?
     
  3. sesemrub

    sesemrub Member

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    I'll check out Miami Beach area but definitely pass on the penthouse!
    Do the majority of the Gold Coast residents living in the flood plains pay huge insurance premium and are just prepared to take the risk of flooding to have a waterside property?
     
  4. Rolf Latham

    Rolf Latham Inciteful (sic) Staff Member Business Plus Member

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    Had a riverfront house on the GC and premiums marginally higher than dry block

    ta
    rolf
     
  5. sesemrub

    sesemrub Member

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    Certain streets must be much riskier.
     
  6. boganfromlogan

    boganfromlogan Well-Known Member

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    Majority are old and don't care that climate change will flood them. Death by drowning prefereable. Anyone with sense has moved to Tamborine Mountain.
     
  7. sesemrub

    sesemrub Member

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    Really I thought Gold Coast were mostly young. All those yacht owners can't be pensioners. I think Tamborine Mountain would be way too rural for us.
     
  8. boganfromlogan

    boganfromlogan Well-Known Member

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    #godswaitingroom
     

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