World Business

Approved Brunswick homes now in flood zone

Luxury homes in Brunswick that were already approved are now facing fresh assessments by Melbourne Water after changes to flood mapping pushed the properties into flood zones.

The pre-sold developments are now at risk, and buyers and developers are concerned.

The new flood maps have significant implications for the properties.

Melbourne Water is reassessing the developments.

Brunswick
City in Lower Saxony, Germany
Melbourne
Capital city of Victoria, Australia
Melbourne Water
Water authority in Victoria, Australia