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NOVAK NEWS - FLOOD & FIRE ZONE: WHAT DOES IT ALL MEAN FOR MY PROPERTY? WITH STEVAN BUBALO & BIDHAN SHRESTHA
Manage episode 411434404 series 3445143
Content provided by Mark Novak, Lisa Novak, Billy Drury, Branka Stankovic, Stevan Bubalo, Sienna Thomas, Cleo Whithear, Zanthany Borula and guests, Mark Novak, Lisa Novak, Billy Drury, Branka Stankovic, Stevan Bubalo, Sienna Thomas, Cleo Whithear, and Zanthany Borula. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Mark Novak, Lisa Novak, Billy Drury, Branka Stankovic, Stevan Bubalo, Sienna Thomas, Cleo Whithear, Zanthany Borula and guests, Mark Novak, Lisa Novak, Billy Drury, Branka Stankovic, Stevan Bubalo, Sienna Thomas, Cleo Whithear, and Zanthany Borula or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.
Have you ever considered how the threat of a rising tide could sweep away your property’s value? My colleague Stevan Bubalo joins me this week as we unravel the often underestimated influence of flood zones on real estate. We’re peeling back the layers of Sydney's recent rains to reveal their profound impact on properties once deemed secure. Stevan and I take you through the resourceful journey to determine if your dream home could be submerged in financial woes by using tools like the NSW Planning Portal, and we discuss the broader implications for those looking to buy, sell, or just stay afloat in the market.
Narrabeen and other picturesque coastal suburbs serve as the backdrop for a deeper exploration into the challenges of building in flood-prone areas. From construction costs that seem to climb with the water levels to insurance premiums surging like the tides, we analyze what it really means to erect a home where nature asserts its power. We share vivid tales from properties where floodwaters left their mark, providing a stark canvas for understanding how such risks factor into the valuation and appeal of waterfront properties. Yet, through it all, we celebrate the resilient spirit of communities that embrace these elemental hazards, adding to the unique charm of living by the beautiful but sometimes tempestuous Australian coast.
Chapters
1. Impact of Flood Zone on Property (00:00:01)
2. Risks of Flood and Fire Zones (00:07:41)
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