There’s plenty of factors to consider when investing in a home. Proximity to schools, shops, health services, family and public transport are some of the key considerations. Smart investors of today are factoring in another consideration – climate change risk – and for good reason.
Climate change risk is impacting the valuation and insurance cost of Australian residential properties and is expected to become more important as time marches on, and the impacts of climate change become more visible. For this reason it make sense to obtain a climate risk report at the same time as you conduct your building and pest inspections.
In this episode, Karl Mallon from Climate Valuation shares how you can assess the climate risk to your home and steps you can take to ensure that your investment is physically and financially sound.
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