Posted inFlood, Housing, Lismore, North Coast Surrounds

Lismore buyback home auctions ramp up across the Northern Rivers

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The Minns Labor Government will release a further 42 flood-affected homes for sale across the Northern Rivers by Christmas, following strong community interest in recent relocation auctions.

So far, 83 homes purchased under the $880 million Resilient Homes Program have been offered for sale, allowing new owners to relocate them to flood-free land while preserving the region’s housing character.

The latest auction will see 12 buyback homes from South and North Lismore and central Lismore go under the hammer at the Lismore Heights Sports Club from 5.30pm on 7 October 2025. A further 22 homes are expected to be auctioned in November.

There is no reserve price on any of the properties, meaning bidding can start and end at just $1. Successful buyers have 12 months to relocate their homes to approved flood-free sites.

Minister for Recovery and Minister for the North Coast Janelle Saffin said the program is helping to provide affordable opportunities while supporting regional resilience. “We have set an ambitious target for relocation and reuse to ensure we are leading the way in ensuring we are creating the vibrant neighbourhoods and opportunities our community need,” Ms Saffin said.

“It’s giving many people, particularly those with young families, a chance at something affordable in the housing market in one of the best places to live,” she said.

“With these tin and timber homes we are delivering the hopes and dreams of a generation to home their own while ensuring the unique character of this region lives on.”

The Resilient Homes Program is Australia’s largest climate adaptation initiative and a joint effort between the state and federal governments. It aims to remove flood-prone homes from the floodplain and support residents to raise, repair, retrofit or voluntarily sell their properties.

Currently, 464 homeowners across the Northern Rivers have received tailored home resilience assessments, with a target of 1,500 by mid-2026. Around 1,600 households may be eligible for government assistance under the program.

NSW Reconstruction Authority Executive Director of the Northern Rivers Adaptation Division, Kristie Clarke, said the program is creating new opportunities while strengthening community safety. “The Resilient Homes Program is one of the most ambitious initiatives undertaken after a disaster in Australia. Through the buyback process, we’re removing homes from the floodplain and creating new opportunities by making some of these available for relocation,” Ms Clarke said.

More information on upcoming auctions and available homes can be found at prd.com.au/northernrivers/relocation-homes.


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