Everything you need to know as a first-time student.
Information and support for postgraduate study.
Courses, supervisors and your life as a researcher.
Step-by-step application guides for our courses.
Get financial support for your studies. Find a scholarship that's right for you.
Options like part-time, external and online study can help you tailor how you learn.
Boost your career or extend your skills with a short course.
Discover our campuses, courses and entry requirements.
Email: firstname.lastname@example.org Phone: +61 7 3138 2000 Mon-Fri, 8.30am-5pm
Our internationally recognised research is supported by state-of-the-art research infrastructure.
Considering research with us? Here's what to expect.
We value and promote integrity and ethical responsibility in all research we conduct.
PhDs, research masters and professional doctorates.
Apply for scholarships for research study, or competitive grants as a professional researcher.
Our researchers work in supportive and established networks.
We offer quality-assured research solutions for industry, government and non-profit sectors.
Our strengths and areas of focus in research.
Browse our experts or find a supervisor.
We collaborate with industry partners to research solutions for real-world problems, and to give our students hands-on experience in the workplace.
Work with our students and graduates, sponsor scholarships, prizes or events, or become an industry partner.
We offer commercial research and consultancy services, research commercialisation, and workplace training and development.
We offer short courses to help you advance your career and expand your skills.
We're working with a range of industry partners and collaborators.
Boeing Australia have collaborated on projects with us and provided sponsorship, and their staff have taught in our avionics program.
We are a highly successful and globally positioned Australian university with an applied emphasis in courses and research.
Make a real impact by giving to QUT and supporting our students, researchers and community.
Our history, key statistics, sustainability initiatives and programs and Indigenous acknowledgement.
Meet our staff and executive team.
Our awards, accreditation details, research rankings and scholarly achievements.
Our plans for expanding our university's achievements in learning, teaching and research.
Policies, procedures and annual reports.
What's on at QUT.
Want to work with us? See available jobs.
Email: email@example.com Phone: +61 7 3138 2000 Mon-Fri, 8.30am-5pm.
Find out more about our commitment to the AHRC's anti-racism initiative.
Our graduates run successful businesses, conduct ground-breaking research and make significant contributions to their communities.
We celebrate our alumni with annual awards for graduates and students.
Get involved with QUT by engaging with and supporting our current students.
Once you've graduated, we encourage you to keep in touch with the QUT community and your fellow alumni.
Email: firstname.lastname@example.org Phone: +61 7 3138 4778 Mon-Fri, 8.30am-5pm
Greg Creed won the 2014 QUT Alumnus of the Year Award for his achievements in business.
Step-by-step guide to applying as an international student.
We offer scholarships for international students to help with study and living costs.
You may be able to meet with a QUT staff member or official representative in your city.
Find out more about living and studying in Brisbane.
While you're studying here, you can access a range of support services to help you adjust to life in Brisbane.
Come to QUT for one or two semesters.
Freecall: 1800 181 848 (within Australia)
Phone: +61 3 9627 4853 (outside Australia)
Email: email@example.com Phone: +61 7 3138 2361
World-class education and research facilities sit alongside lifestyle, sporting and creative hubs at our campuses.
Our four libraries offer diverse collections, study spaces and free public services.
Our researchers work at specialised facilities in Brisbane and across Queensland.
Our cultural, entertainment and function venues are open to the public.
Hire one of our unique spaces for your next event.
Our Science and Engineering Centre is a place for students, researchers, academics and the public to learn and collaborate.
You are here:
QUT Professor Chris Eves has studied the effect of the 2011 Brisbane flood on local property prices.
The stigma of buying in a flood-prone suburb after the 2011 Brisbane floods was short-lived for middle and high-value homes with property prices rebounding within 12-months, a QUT study has found.
Property economics expert Professor Chris Eves, from QUT's Science and Engineering Faculty, studied the short-term impact of the 2011 flood on the Brisbane residential housing market and found flood fear had a minimal on-going effect on property prices, with low-value suburbs being the exception.
"What we found was that because people in the higher-value suburbs (St Lucia, Bulimba) had the means to repair immediately, the market didn't see flooding as much of a detriment compared to low-value suburbs (Goodna, Oxley), because the visual impact of damaged homes was removed," Professor Eves said.
"So the stigma of the flood wore off very quickly."
Professor Eves' study looked at residential sales and rental listings as well as property prices immediately following the 2011 Brisbane floods and his findings have been published in Natural Hazards.
"The only sector that did not show a decrease in median house prices three months after the flood, was the flood-affected medium-value suburbs (Fairfield, Graceville), which actually saw an increase of about $23,000 in the median house price," he said.
"This can in part be explained by the fact that most of the medium-value properties experienced overland flood, with only limited in-house flooding which was more of a nuisance than costly, and the physical evidence was more quickly able to be removed."
Professor Eves said the biggest drop in property prices after the 2011 floods was in the lower-value suburbs where buyers, mostly investors, saw an opportunity to grab a bargain.
"The median house price in the low-value flood-affected suburbs dropped 22.7 per cent in the three months immediately following the flood with a greater number of flood damaged homes sold," he said.
"This is most likely because in the low-value suburbs, owners may not have had the means to repair their properties so selling at a reduced price was the only option.
"And for buyers, who were mostly investors, the lower price even with adding on the repair bills made good economic sense given the potential future rental returns."
Professor Eves said in some of the low-value suburbs, to this day there were still many properties unrepaired.
"This unrepaired damage continues to have a visible impact on these low-value suburbs such as Goodna and an effect on property prices," he said.
Professor Eves said while there was an immediate spike in rental prices after the floods due to an increase in demand from flood-affected residents wanting to remain close to their properties, within six months the rents and demand had returned to normal trends.
"Within the first week after the floods there was a significant drop in availability for rental accommodation, with a reduction of about 50 house rentals alone in both non-flood and flood-affected lower value suburbs," he said.
Professor Eves said previous long-term studies had found disasters such as major floods had resulted in up to a 35 per cent difference in value between flood and non-flood affected properties.
"This was not the case in post the 2011 Brisbane flood," he said.
Professor Eves said the study showed the floods had an immediate impact on the number of properties being offered for sale after the flood but after two to three months the number of listings for sale in the flood-affected suburbs increased in a similar trend to non-flooded suburbs, although volumes were lower.
Key findings of the study:Sales listings: Flood and non-flood affected suburbs showed decreased sales listings between January 2011 and September 2011, at which point both saw an increasing trend in sales listings.Rental listings: There was an immediate decrease in rental availability after the flood. From September/October 2011 rental availability increased for medium to high value flood and non-flood affected homes. Listings for low-value flood-affected properties spiked faster in June 2011. Prices: Prices in flood and non-flood affected suburbs dipped immediately after in the first quarter after the floods, but continued to steadily rise for the following three quarters. The exception was in the medium-value flood affected properties which saw an increase in value in the first three months.
The paper titled Assessing the immediate and short-term impact of flooding on residential property participant behaviour is available at http://link.springer.com/article/10.1007%2Fs11069-013-0961-y
Professor Eves is with QUT's School of Civil Engineering and The Built Environment.
RELATED STORIESAuthorities should treat smoke events as disasters: QUT expertsARC Linkage grants to fund 15 projectsQUT expert to join disaster risk management roundtable
Media contact:Sandra Hutchinson, QUT Media (Tue, Wed, Fri), 07 3138 9449 or firstname.lastname@example.orgAfter hours, Rose Trapnell, 0407 585 901