Help fund relief efforts for the Australian Bushfires #beyondthebricks
Support Now

Property Inspections

By Cathy Pieroz

A house is the biggest purchase most of us are likely to make and unfortunately a ‘road test’ is out of the question.  However, property inspections can help ensure there are no nasty surprises.

Building and pest inspections are essential pre-purchase reports.  They alert you to any faults in the property or issues of concern, and they also help you negotiate with vendors on price, and budget for repairs should you proceed with the purchase.  Inspectors must be licensed, and you can easily check their qualifications for the task.

What you pay for an inspection can vary widely, as can the quality of the reports, but asking the right questions before you commission an inspection can ensure you get value for money.

A building inspection should report on all accessible areas of the property both inside and out, including roof space and under floor.  The report must comply with the relevant Australian Standard.

Pest inspections detect termites and other destructive pests that may be present but have not yet done visible damage.

In the case of an auction, inspections must be carried out before auction day as once the hammer falls you are committed to the purchase whatever you later learn about the property.  In the case of private sale you have more leeway, but as the information can be valuable in price negotiations, it is beneficial to have the information sooner rather than later.

Feel free to give the team at Ray White Alexandra Hills a call on 3824 2700.

Up to Date

Latest News

  • How to protect yourself from poor apartment construction… Part 1

    With prices climbing for single-family homes, more and more Australians are opting for flat living. Over the past few decades, apartment dwellers have increased to encompass 10% of the population, with an estimated occupied flat for every five houses. Nearly half the residential property listings in Sydney and Perth are … Read more

    Read Full Post

  • What can you learn from auction clearance rates?

    There’s more than one way to sell a home, and more than one way to predict what’s coming in the housing market. Auction clearance rates are one indicator that can show you how the market is moving and can help you determine the best time to buy or sell a residential property. … Read more

    Read Full Post