Climate Risk in Haymarket, NSW
Haymarket is a vibrant suburb in Sydney facing moderate climate risks, particularly from heatwaves and flooding. The urban environment exacerbates the heat island effect, while intense rainfall events can lead to stormwater issues.
Is Haymarket Safe from Climate Risk?
Enter your address below for an instant climate risk assessment for Haymarket, New South Wales, covering flood, bushfire, sea level rise and more.
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Full report from A$49 · Australian addresses only · 8 hazard scores · Insurance trajectory · 2030 & 2050 projections
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Overall Risk Score
Hazard Breakdown
Flood, bushfire, heat, coastal and storm exposure are all assessed in this area. The score that matters is the property's own: a ClimateNest report scores the address across eight hazards, with insurance and value projections to 2050.
Climate Hazard Breakdown for Haymarket
Flood
Haymarket faces a moderate risk of flooding due to its location in a low-lying area and proximity to waterways. Intense rainfall events can lead to stormwater runoff and potential inundation.
Key drivers:
- ·Increased rainfall intensity
- ·Urban development
Bushfire
The risk of bushfire in Haymarket is low due to its highly urbanized environment and lack of significant vegetation. However, embers from distant fires can still pose a threat.
Key drivers:
- ·Urban density
- ·Limited vegetation
Heat
Haymarket experiences a high risk of heatwaves due to the urban heat island effect. Densely built areas trap heat, leading to elevated temperatures and potential health impacts.
Key drivers:
- ·Urban heat island effect
- ·Climate change
Coastal
Haymarket faces a moderate risk from coastal hazards due to its proximity to Sydney Harbour. Sea level rise and storm surges could potentially impact low-lying areas.
Key drivers:
- ·Sea level rise
- ·Storm surge
Wind
Data being compiled
Storm
Data being compiled
Social
Data being compiled
Energy
Data being compiled
In-Depth Climate Risk Guides for Haymarket
Property buying guide with climate risk assessment
Flood zone mapping, historical events, and projections
BAL assessment, vegetation proximity, and fire history
Multi-hazard safety assessment to 2050
Severe weather, hail, and wind risk analysis
Extreme heat days, urban heat island, and cooling costs
Premium estimates and insurance availability
Climate-adjusted property investment analysis
Detailed Hazard Analysis
heat Risk
Haymarket experiences a high risk of heatwaves due to the urban heat island effect. Densely built areas trap heat, leading to elevated temperatures and potential health impacts.
Primary Drivers
- ·Urban heat island effect
- ·Climate change
- ·Limited green space
flood Risk
Haymarket faces a moderate risk of flooding due to its location in a low-lying area and proximity to waterways. Intense rainfall events can lead to stormwater runoff and potential inundation.
Primary Drivers
- ·Increased rainfall intensity
- ·Urban development
- ·Aging drainage infrastructure
coastal Risk
Haymarket faces a moderate risk from coastal hazards due to its proximity to Sydney Harbour. Sea level rise and storm surges could potentially impact low-lying areas.
Primary Drivers
- ·Sea level rise
- ·Storm surge
- ·Erosion
bushfire Risk
The risk of bushfire in Haymarket is low due to its highly urbanized environment and lack of significant vegetation. However, embers from distant fires can still pose a threat.
Primary Drivers
- ·Urban density
- ·Limited vegetation
What This Means for Property Owners
Insurance Outlook
Insurance premiums may increase due to flood and heat risks.
Price Impact
Properties in flood-prone areas may experience price reductions.
Buyer Checklist
- 1.Check flood maps and insurance costs.
- 2.Assess the property's vulnerability to heatwaves.
- 3.Consider the potential impacts of sea level rise.
- 4.Inquire about council plans for climate adaptation.
How the region's climate is projected to change
Regional projections, not a forecast for this street. Figures are from the WA Department of Water and Environmental Regulation's climate projections for the South Western Flatlands region, which draws on CSIRO and Bureau of Meteorology modelling.
Temperature
+0.5 to 1.1°C by 2030
Above the 1986–2005 climate, on all emissions scenarios. By 2090, 1.2 to 2.0°C under intermediate emissions or 2.6 to 4.0°C under high emissions.
Rainfall
Winter rain down up to 15% by 2030
The South West has been drying since 1970, and the decline has been larger than anywhere else in Australia. Heavy rainfall events are projected to become more intense even as totals fall.
Fire weather
Harsher, magnitude uncertain
High confidence that fire weather becomes harsher, low confidence in the size of the change, because it depends heavily on summer rainfall.
Sea level
+0.12 m by 2030
At the Fremantle gauge, range 0.07 to 0.16 m. Very high confidence that sea levels continue to rise through the century.
Source: Department of Water and Environmental Regulation (WA), Western Australian climate projections: summary, September 2021, South Western Flatlands chapter. Read the projections →
Adaptation Recommendations
Implement urban greening initiatives
Near-termPlant trees and create green spaces to reduce the urban heat island effect and provide shade.
Est. cost: Medium
Learn moreUpgrade drainage infrastructure
ImmediateImprove stormwater management systems to reduce the risk of flooding during heavy rainfall events.
Est. cost: High
Learn moreDevelop a heatwave management plan
Near-termImplement strategies to protect vulnerable populations during heatwaves, such as cooling centers and public awareness campaigns.
Est. cost: Low
Learn moreAssess and mitigate coastal risks
Long-termEvaluate the potential impacts of sea level rise and storm surges on low-lying areas and implement appropriate mitigation measures.
Est. cost: High
Learn moreAbout Haymarket's Climate Risk Profile
Haymarket, located in the heart of Sydney, is a bustling commercial and cultural hub. The suburb's dense urban environment and proximity to waterways make it vulnerable to several climate-related hazards.
Heatwaves pose a significant threat due to the urban heat island effect, where buildings and paved surfaces trap heat, leading to higher temperatures than surrounding areas. This can increase the risk of heatstroke and other heat-related illnesses, especially among vulnerable populations.
Flooding is another concern, as intense rainfall events can overwhelm the existing drainage infrastructure, leading to stormwater runoff and potential inundation of low-lying areas. Sea level rise and storm surges also pose a threat to coastal areas within and near Haymarket.
While the risk of bushfire is relatively low due to the lack of significant vegetation, embers from distant fires can still pose a threat. It is important for residents to be aware of fire safety measures and to stay informed during bushfire season.
Addressing these climate risks requires a multi-faceted approach, including urban greening initiatives to reduce the urban heat island effect, upgrades to drainage infrastructure to improve stormwater management, and measures to protect coastal areas from sea level rise and storm surges.
Suburb pages describe the local picture. The address-level assessment, with its data sources and its dollar projections, is in the ClimateNest report.
Local Government Resources
City of Sydney
Frequently Asked Questions
What are the main climate risks in Haymarket?
The main climate risks in Haymarket are heatwaves, flooding, and potential impacts from sea level rise.
How is the City of Sydney addressing climate change?
The City of Sydney has implemented a range of initiatives to reduce greenhouse gas emissions, promote sustainable development, and adapt to the impacts of climate change.
What can residents do to prepare for heatwaves?
Residents can stay hydrated, seek air-conditioned environments, and check on vulnerable neighbors during heatwaves.
Where can I find information about flood risks in Haymarket?
You can find information about flood risks in Haymarket on the City of Sydney website and the NSW State Emergency Service website.
Are there any green spaces in Haymarket to help mitigate the urban heat island effect?
While Haymarket is a densely built area, there are some small parks and green spaces that provide some relief from the heat. The City of Sydney is also working to increase green cover throughout the city.
Get your property's risk report
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What A$49 could save you from
*Industry sources: ICA, APRA, RBA
Full report from A$49 · Australian addresses only · 8 hazard scores · Insurance trajectory · 2030 & 2050 projections