In recent years, on the back of the horror 2011 floods that ravaged Brisbane and surrounding areas, some buyers have actively sought out flood-prone land seeing it as a cheap deal.
Flood-weary residents still reeling from a one in 500-year downpour just weeks ago have once again been forced to flee their homes, as wild weather continues to batter Australia s east coast.
Lismore and parts of the NSW North Coast are facing another major flood warning as heavy rainfall, damaging wind gusts and flash flooding is set to return to the state.
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