Property experts say a "dizzying" report forecasting the impacts of worsening climate conditions on Australian properties has sounded a clear warning for the housing sector: homes need to be made more resilient.

While home owners are being assured their property values won't "collapse overnight", industry experts are encouraging them to future proof their homes — and their worth — by building or retrofitting them to withstand the elements.

Earlier this week, the national climate risk assessment published a report deeming one million homes across the country would effectively be uninsurable by 2050. It also forecast losses in property values could reach $611 billion across the country that same year.

The report states up to 185,000 Queensland residential buildings could be deemed in "v

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