ooopsie - back to Viking times you reckon eh? ------------...

ooopsie - back to Viking times you reckon eh? ------------ that's SL of a bit over 3 metres higher than now ------------------ gosh

and you're telling us that a return to this in Greenland is a good thing ----------- wow

Properties on the Gold Coast of Australia would be significantly affected by a projected **3 meters** of sea level rise. Current assessments indicate that substantial portions of coastal properties are already at risk due to rising sea levels, storm surges, and coastal erosion.
## Current Risks and Projections
1. **High Vulnerability**: A report by CoreLogic estimates that approximately **$25 billion** worth of Australian residential properties are at high risk from climate change impacts, with Queensland, particularly the Gold Coast area, having the highest concentration of properties classified as "very high risk" due to their proximity to the coast and low elevation[1][4][6].
2. **Projected Sea Level Rise**: While current projections suggest an increase of about **0.8 meters** by 2100, extreme scenarios could see rises of up to **2.5 meters** or more due to ongoing climate change effects[5][7]. A rise of **3 meters** would exacerbate existing vulnerabilities, inundating low-lying areas and increasing the frequency and intensity of flooding events.
3. **Impact on Infrastructure and Communities**: The Gold Coast's low-lying residential areas are particularly susceptible to nuisance flooding, which would become more severe with higher sea levels. This could lead to significant financial losses for homeowners and disrupt essential services and infrastructure[3][4].
## Financial Implications
- **Property Values**: As climate risks become more apparent, property values in high-risk areas may decline, affecting homeowners' equity and the broader real estate market. Insurers are also beginning to adjust policies in response to these risks, which could lead to higher premiums or reduced coverage for properties in vulnerable locations[1][4][6].
- **Long-term Planning**: Local governments are developing adaptation plans to mitigate these risks, but without significant investment and proactive measures, many communities may face severe challenges as sea levels rise[7].
In conclusion, a **3-meter rise in sea levels** would have catastrophic effects on Gold Coast properties, leading to widespread inundation, increased flooding risks, and significant economic repercussions for homeowners and local governments alike.
Citations:
[1] https://www.realestate.com.au/news/...ties-at-risk-of-coastal-flooding-and-erosion/
[2] https://www.corelogic.com.au/news-r...dential-property-exposed-to-high-coastal-risk
[3] https://www.foreground.com.au/planning-policy/protect-cities-sea-level-rise-engineering/
[4] https://www.abc.net.au/news/2022-03...ions-of-dollars-of-coastal-property/100943830
[5] https://secretgoldcoast.com/sea-level-rise/
[6] https://propertyupdate.com.au/25-bi...ential-property-exposed-to-high-coastal-risk/
[7] https://www.goldcoast.qld.gov.au/Co...-strategies/Our-plans/Coastal-Adaptation-Plan
[8] https://www.theguardian.com/austral...operty-at-very-high-risk-from-coastal-erosion