Australia's east coast has been pounded by rain, wind and surf for a week, with Brisbane recording its highest daily rainfall in half a century.

Significant damage and power outages are possible in the densely populated region of Queensland, where tropical cyclones impacts are not uncommon but direct landfalls are.

Home values in cyclone-impacted areas across Queensland are likely to take a hit, but an increase in demand for properties in unaffected suburbs could actually drive prices higher.

Tropical Cyclone Alfred swept through southern Queensland and northern NSW over the weekend. As the storm clouds parted – and electricity came back on – we asked local businesses what we can do to support them.

Thousands of Queensland residents were left without power on Sunday after Cyclone Alfred, a downgraded tropical cyclone, caused widespread damage across the state.

Cyclone Alfred struck the east coast of Australia late Friday, unleashing strong winds, rough surf and dangerous rip currents along popular beaches over the weekend. An estimated 10 to 15 inches fell around Brisbane and on Moreton Island during the storm.

Ex-Tropical Cyclone Alfred made landfall north of Brisbane on Saturday night, March 7, bringing heavy rain, strong winds, and causing flash flooding across Queensland. One man died in the floodwaters,