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AAP
AAP
Business
Poppy Johnston

DARK SECRETS: Flood risk already raining on australian home prices | Rare Historical Photos

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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