Do climate events impact property values?

What happens to property values when the floodwaters recede? In this episode, Tim Lawless is joined by Richard Griffiths, Head of Sustainability Solutions at Cotality, to explain how some Australian property markets have responded to major climate events - and why the results are far from uniform.

From Gold Coast suburbs that rebounded 30% above pre-flood values within 18 months, to inland towns like Lismore still struggling to recover from its 2022 disaster, the disparity is stark. Richard reveals how banks and insurers are beginning to embed climate risk into lending decisions, why a massive information gap leaves everyday buyers exposed, and what government can - and must - do next.

Notes:
(00:00:00) Intro

(00:01:00) Desirability vs. flood risk

(00:03:11) Does flood severity affect recovery speed?

(00:04:01) Banks, lending and emerging climate risk models

(00:06:31) Insurance data and property-level resilience tools

(00:09:00) What governments can and should do next

(00:13:20) The future of Australia's love affair with coastal living