Floating house looks to flood the market

A new amphibious house in Britain cannot flood because it rises along with the water, suggesting there could be a market for similar architecture in flood-prone areas such as Queensland.

The timber-framed three-bedroom property, by flood specialists Baca, “works like a marina” with its reinforced concrete basement set in a dock made of four poles.

When the River Thames bursts its banks – usually once every 20 years – the water pressure will unlock the home from the dock and allow it to float up to the water level.

With an estimated value of $2.2 million, the fully fitted home will cost about 20% more than a conventional similar-sized home, but saves on insurance. It is due for completion later this year.

In light of the devastating floods that crippled Queensland last year, and the subsequent insurance dramas faced by many, this sort of housing could prove hugely popular in Australia.

It could be worth looking into.