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Paloona vs Paradise — Which is Safer?

Compare climate risk between Paloona, Tasmania and Paradise, Tasmania. Our analysis uses data from BOM, CSIRO, and state hazard authorities to score each suburb across 6 climate hazards.

39/100
Moderate
43/100
Moderate
Hazard
Flood48/10046/100
Bushfire40/10031/100
Heat56/10078/100
Storm32/10048/100
Coastal30/10024/100
Cyclone28/10030/100

How to Interpret These Scores

Each hazard is scored from 0 (minimal risk) to 100 (severe risk). Scores are derived from BOM historical data, CSIRO climate projections, and state hazard authority mapping. A score of 50 means the property is in the moderate range — above average risk but not extreme. Scores above 67 indicate high risk requiring due diligence.

Minimal
0-16
Low
17-33
Moderate
34-50
Elevated
51-66
High
67-83
Severe
84-100

Insurance Cost Trajectory

Based on the hazard scores for these suburbs, current annual insurance premiums are estimated around A$6,504. With projected climate changes under RCP 8.5, premiums could rise to approximately A$9,106 by 2030 and A$16,910 by 2050. These projections align with Insurance Council of Australia data showing 28% average premium increases nationally between 2022-2025, with higher-risk areas seeing 80-120% increases.

Current
A$6,504
2030 (RCP 4.5)
A$9,106
2050 (RCP 8.5)
A$16,910

Property Value Climate Impact

Rising insurance premiums directly impact property values. Research from the Insurance Council of Australia and climate risk analysts shows that properties in areas with higher climate risk can experience a climate value drag. For a median-priced home, this could mean a potential impact of around A$52,030 or more over time.

Verdict

Paloona has a lower overall climate risk score (39/100) compared to Paradise (43/100). We recommend getting an address-level report for properties in both suburbs before making a purchase decision.

Frequently Asked Questions

Is Paloona or Paradise safer from flooding?
Paloona has a flood risk score of 48/100, while Paradise scores 46/100. A lower score indicates lower flood risk. Get an address-level flood risk report for a specific property.
Which suburb has lower bushfire risk?
Paloona scores 40/100 for bushfire risk. Paradise scores 31/100. Fire risk depends on proximity to vegetation and local fire history.
Should I buy in Paloona or Paradise?
Both suburbs have climate considerations. Paloona has a lower overall climate risk score. We recommend getting a full ClimateNest report for any specific property you're considering, which includes 8 hazard scores, insurance projections, and actionable recommendations.

Explore Detailed Reports

Paloona Flood RiskParadise Flood RiskPaloona Should I Buy?Paradise Should I Buy?

Check Your Flood Risk Now

Check Paloona's specific flood risk and see how it compares to nearby suburbs. Enter your address for an instant risk assessment.

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What A$69 could save you from

$7.2B
2022 insured disaster losses*
$300B+
climate risk to property by 2050*
30-120%
insurance premium increases in high-risk areas*

*Industry sources: ICA, APRA, RBA

Full report from A$69 · Australian addresses only · 8 hazard scores · Insurance trajectory · 2030 & 2050 projections