Grasmere, New Zealand

Grasmere is a suburb in the New Zealand city of Invercargill.
The area is low-lying and at risk from flooding and sea level rise.
In 1984, Waihopai River burst its banks, causing flooding Grasmere and other suburbs. Homes and properties were damaged, and some people became homeless or lost their jobs. Flood banks were installed to prevent further floods.
The Ministry of Education closed Grasmere School in 2009. The school site was sold to private owners in 2007, Inverargill City Council gave planning approval for the site to be subdivided in 2008, and the site was auctioned off in two parts in 2009.
Between 2017 and 2018, Grasmere was the only suburb in Invercargill where the median house price declined.