No uphill battle: The benefits of buying a house on an elevated block – Real Estate
No uphill battle: The benefits of buying a house on an elevated block
Feb 10, 4:15 PM
Chris TolhurstProperty reporter
I’ve owned four properties in NSW and Victoria and they’ve all had one factor in common – each has been positioned high on a hill.
Why favour elevated land?
For one thing, a hillside location is almost always flood-free. Across the world, storms and floods account for about three-quarters of weather-related disasters, and in the era of climate change they’re becoming more common. According to insurance group Munich Re, an expert on global and local risk solutions, the number of storm and flood disasters across the globe has jumped from about 200 in 1980 to more than 600 in 2016.
A home on the hill ticks also boxes from a lifestyle…
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