The Bundaberg Regional Council will introduce a minimum height legislation for homes built in flood-prone areas in the southern Queensland city.
Mayor Mal Forman says the council is considering subsidising the scheme for about 2,000 properties that were affected in January's floods.
However, he says without more funding from the state and federal governments, residents will have to pay for it themselves.
"If we can't get the subsidy they'll have to pay the lot, but if we can get a subsidy scheme in we will put a portion towards the cost for them to do that," he said.
"That's how it would work - we'd have to work through the whole circumstance but I believe what we could offer them would be something that would make people think, 'yes, that's worthwhile them doing it'."
He says the scheme would be voluntary.
"Over 2,000 properties with waters over their floorboards but how many would take up the offer of raising their homes is up to each person voluntarily or individually," he said.
"However, the best guesstimates that we've been told so far, it could cost in the vicinity of $40,000 on average, per home, to raise their home."
The council will discuss what the minimum height should be at a meeting today.
© ABC 2013
18:12 EDT Queensland's Community Recovery and Resilience Minister says the space where a large sinkhole formed after Bundaberg's worst floods has been converted into parklands.