Coastal Markets Swamped?

Friday 20th November 2009

A federal government investigation warns that up to 62,000 NSW coastal homes could be devastated by flooding if climate change predictions come to fruition.

Homes in the Lake Macquarie, Wyong, Gosford, Wollongong, and Shoalhaven areas, along with the Rockdale council area of Sydney, would be most at risk.

The ‘worst-case scenario’ report envisions a cataclysmic combination of sea levels that have been increased 1.1 metres by rising global temperatures meeting a ‘perfect storm’ – a powerful east coast low-pressure system.

The probability of this combination of factors is not reported.

 

Do your research! 

onthehouse.com.au offers property sales data for you to do your property research.

 




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Tags: Climate Change, Coast, Flood
 

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