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In a new report, The Climate Council revealed that due to rising risks of extreme weather and climate change, one in 25 Australian properties will be effectively uninsurable by 2030.
Furthermore, in Australia’s top 10 electorates most at-risk of climate impacts, that number rises dramatically to one in seven homes, as climate change fuels worse and more frequent disasters.
The data points which were analysed by Climate Valuation, has been transformed by the Climate Council into a new interactive map.
To check if your suburb, local government area or electorate is at high risk, you can enter your postcode in the search bar here.
Based on the percentage of ‘high risk’ properties by 2030, the top 10 most at-risk electorates are:
1. Nicholls, Victoria: 27% or 25,801 properties
2. Richmond, New South Wales: 20% or 22,274 properties
3. Maranoa, Queensland: 15% or 9,551 properties
4. Moncrieff, Queensland: 14% or 18,032 properties
5. Wright, Queensland: 14% or 12,140 properties
6. Brisbane, Queensland: 13% or 19,355 properties
7. Griffith, Queensland: 13% or 14,812 properties
8. Indi, Victoria: 11% or 11,215 properties
9. Page, New South Wales: 11% or 11,691 properties
10. Hindmarsh, South Australia: 11% or 10,775 properties
Dr Karl Mallon, CEO of Climate Valuation, said: “It’s striking how the number of affected properties grows under higher emissions scenarios. Reducing emissions would potentially save thousands of homes from worsening damage.”
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