Given projections of future climate-related disasters, understanding the conditions that facilitate disaster preparedness is critical to achieving sustainable development. Here, we studied communities within the Wet Tropics bioregion, Australia to explore whether people's perceived preparedness for a future cyclone relates to their: (1) perceived individual adaptive capacity (in terms of flexibility and capacity to plan and learn); and (2) structural and cognitive social capital. We found that people's perceived cyclone preparedness was only related to their perceived individual flexibility in the face of change. Given that people's perceived cyclone preparedness was related to individualistic factors, it is plausible that individualism-collectivism orientations influence people's perceptions at an individual level. These results suggest that in the Wet Tropics region, enhancing people's psychological flexibility may be an important step when preparing for future cyclones. Our study highlights the need to tailor disaster preparedness initiatives to the region in question, and thus our results may inform disaster risk management and sustainable development policies.