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I did look at Toukley , I was actually looking at Pawnbroker business in the main Road.
Oh dear not again please.
Some Toukley waterfront properties maybe susceptible to flooding , really
depends on the block, some area's are high enough not to be effected some
may , its probably a better location than some other areas for flooding around the Tuggerah Lakes system.
I think you will find it was actually the next suburb over the bridge Gorokan where flooding did effect some properties but this was more from overflowing creeks and drains than the Lake Itself.
Many parts of Toukley are zomed for units now - so do your DD.
In relation to the waterfronts on Main Rd, many are very high up and so are unaffected. There is a flood (and bushfire) mapping tool on the Wyong Shire website that will easily show you if a block is affected and where.
The waterfronts facing North maybe better than those on the opposite side of the road facing South - as they would not be as affected by the southerly busters (which arrive about 16 times per year). But either way the views are outstanding.
the place is facing south unfortunately...
http://www.wyong.nsw.gov.au/environment/flooding/map-of-wyong-shire-floodplains
what's those colours in map stand for?22R yellow area?