Voluntary Home Buy-Back

The Voluntary Home Buy-Back program, administered by the Queensland Reconstruction Authority, was considered for homes that were the most severely impacted and at the greatest risk of future flooding.

Properties were identified for buy-back based on:

• meeting the Resilient Homes Fund’s 4 eligibility criteria
• the extent of damage – how heavily impacted the property was during the 2021–22 flood event(s)
• the flood risk – what impacts floodwaters have to life, safety, and property and the likely frequency of their occurrence. Properties that are impacted infrequently, or less severely, may be more appropriate for other options such as home raising or retrofit
• socio-economic factors – targeting the more vulnerable areas in our communities.

While the Queensland Government aimed to provide assistance to as many homeowners as possible, funding was limited.

It was important to ensure those with the most damage and exposure to flood risk were prioritised.