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Friday, March 31, 2023

After two devastating floods in five years, what’s next for Lismore?

Three weeks after the most devastating flood in its history, parts of Lismore still look like a ghost town.

There is no electricity, shops are empty, hundreds of houses are empty and the foul smell of rot spreads in the air.

According to Resilience NSW, over 2,600 homes in the local government area were significantly damaged and more than 2,000 are considered uninhabited.

It was the city’s second major flood in five years and scenes of desperate people being rescued from rooftops spread around the world.

Four people died.

A Man In A Red T-Shirt And A Woman In A Black Singlet Stand Outside Their Flood-Damaged Home.
North Lismore couple Will Nissen and Nikki Fitzsimmons are determined to rebuild.,ABC North Coast: Bruce Mackenzie,

no choice but to stay

In the horrific event there are many considerations as to whether, how and when the city can be rebuilt.

North Lismore couple Will Nissen and Nikki Fitzsimmons, who lost almost everything, say they will clean up and start all over again.

“Although there’s really no other option,” Ms Fitzsimmons said.

“We know that back home there is a chance that everything will flood again.

“Maybe we actually live minimalistic, zen lives?”

A Man In A Check Shirt Stands In Front Of A Heart Mark.
Lismore real estate agent Clint McCarthy says the full impact of the disaster on prices in the area is not yet known.,ABC North Coast: Bruce Mackenzie,

Realistic real estate?

Those who decide to sell and move may struggle to find somewhere within their budget.

In the notoriously hot North Coast property market, areas such as North and South Lismore were considered relatively affordable.

Lismore real estate agent Clint McCarthy said it is difficult to predict the kind of impact such a devastating natural disaster would have on property prices.

“Actually we are talking to a lot of finance brokers, appraisers, and we are in an unknown,” he said.

“It still has to be an entry-level market.

World Nation News Desk
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