NSW fires

Will the ongoing bush fires impact sydney property market?

 

If things got real bad , it might have a big impact on immigration.

 

No.

 

Unfortunately a warming climate means we'll see drier winters and longer summers contributing to longer bushfire seasons. Don't see Sydney markets being impacted but going forward it may be more a consideration for other NSW markets though changes to backburning and forest management around residential areas will be key here.

Map in this SMH article shows the most at risk postcodes in Sydney-
https://www.smh.com.au/national/nsw...eveal-fire-zone-hotspots-20191111-p539gv.html

 

Live in brissy and we have been having some haze, yesterday was particularly bad. Is sydney not affected by haze?

 

I didn't realise that property investors participated in hazing.

I was about 6km from the CBD yesterday, couldn't see the city for the smoke. By 10pm, it was clear again.

 

I believe historical areas hit by bushfire have seen price increases not long after, though this may be due to the new dwellings replacing those lost.

 

I'm moving to Canadia.

 

Only if it were to take a really bad turn
The Great Fire of London 1666 style

 

This is a bit morbid.

 

seriously the air quality is just ***** now

 

Maybe you are just being tongue in cheek.. but I was there in summer last year, and the entire west coast was covered by smoke haze from fires for the 3 weeks I was there. It really detracted from the beauty of the place when you couldn't see those beautiful mountains in the distance, just smoke haze. When I came back to Aus, I was so thankful in QLD for the clean air and clear skies. I thought I didn't have to worry about that sort of thing .. then 2019 happened

Insurance premiums in certain areas in NSW + QLD is going to soar, and some areas may be close to "uninsurable".. There will be much more consideration on this from buyers moving forward which could depress prices in certain areas. Just like checking for flood maps, maybe there will be bushfire maps to keep an eye on.

Having lived in a heavy bushfire area growing up, its not much fun having to worry about fires every few years.

 

Bushfire smoke blankets Sydney and large parts of NSW as RFS prepares for 'real challenges' - ABC News (Australian Broadcasting Corporation)

Sydney in smoke.. Thats gotta put a damper on open houses...

 

Safety of the family first
Insurance costs are further down the list
Sure I wouldn't go out and buy an IP in a high risk area
But I love where we live, the birds, wildlife (snakes)

Am currently looking at a permanent fire pump using the pool water being pumped to roof mounted sprinklers so I can start it up and leave for safety sake
Doubt insurance would care, but being able to come home to a house V's ashes will be worth the investment

 

Great ideas mate but some sprinklers on the roof aren’t going to stop your house burning down if a fire rages up that hill, particularly if you face west/north west

 

I hope that finally that sort of thing may bring it home to the politicians and maybe even the people in the city itself the realities. More resources are surely needed or this may be a regular summer event.

 

Until the Liberal Government stops cutting funding to Fire and Rescue NSW ($80mil down to $50) resources will continue to be scarce. Can’t operate on a shoe string budget.

 

And if they have to choose fire fighters will protect a house that has been cleared around before one like that because at least they have a chance of saving the one that's been cleared.

Willy

 

Crazy times at present

I was a bit shocked at the temperature listed below also, its hotter than North Western Australia or Darwin

Soaring temperatures in Sydney suburbs

The fire danger increased as temperatures rose Saturday to record levels across Australia, surpassing 43 C in Canberra, the capital, and reaching a record-high 48.9 C in Penrith, in Sydney's western suburbs.

Video and images shared on social media showed blood red skies taking over Mallacoota, a coastal town in Victoria where as many as 4,000 residents and tourists were forced to shelter on beaches as the navy tried to evacuate as many people as possible.

 

Would be interesting to know how many of these bushfires have been deliberately lit.