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AAP
AAP
Business
Poppy Johnston

Flood risk already raining on Australian home prices

The risk of flooding weighs on the growth in value of homes over the long term, analysis finds. (Lindsay Moller/AAP PHOTOS)

A standard three-bedder at risk of deluge is worth roughly $75,500 less than a comparable property free from the threat of inundation.

The fresh analysis of home prices and flood risks confirms as many as 70 per cent of vulnerable homes are priced at a discount.

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