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Pest control experts Rentokil have shown that nearly two thirds (6 % ) of Australians believe that a termite infestation could reduce the value of a home by more than 20%*. The survey also revealed that 7 4% would get rid of a potential home in their shortlist altogether if it were to have termites*. .
No matter whether youre buying or selling your house, you shouldnt wait until its too late to have a termite inspection,'' said Kate.
The consequences are having a possible 20 percent, or more, removed your asking price plus the extra expense of mending the termite damage, she added.
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The normal price of termite damage is between $7,000 and $8,000*** and isn't covered by most home insurance policies.
Simon Lean, Australian Technical Manager at Rentokil said a house is just one of the single largest investments someone will make in their lifetime and so they have to be proactive when it comes to termites.
Addressing a termite infestation can be both financially and emotionally distressing for a homeowner. If they're not spotted early and acted promptly, they may have a disastrous impact on your home, said Simon.
The best approach to prevent termite damage is to have a termite inspection annually. If termites are found during a normal review they can frequently be treated with minimal harm to the property and its value, stated Simon.
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With the Spring property buzz , sellers should avoid promoting themselves short with an asking price impacted by termites. Book a termite inspection now by calling Rentokil about 1 300 76 1 94 7 or see with our section.
We have summarised these stats many more on You Tube below in a infographic, which you can view:
* stats have come from an online survey Rentokil commissioned . ** is from CSIRO Termite Survey and Hazard Mapping research. *** Is from research commissioned by Archicentre at 20 10.
A 201 2 Industry Study commissioned by AEPMA estimated that the average cost of repair and treatment to be roughly $10,000 per home. A 200 3 poll by Archicentre (the Construction Advisory Service division of the Royal Institute of Architects) estimated that the 6 50,000 Australian homes had become infested with termites within the previous five decades.
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Termites are an increasing problem in Australia. Especially risk levels in homes are climbing as building of the majority of homes because the 19 60s has been of a higher hazard type because of the use of concrete slabs with very little clearance in the floor and the use of soft wood timber for framing.
To most people, their main asset is their home and therefore it is necessary that termite protection remain a priority for each home owner. .
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The ACCC recognised by abiding by the standards set out in the Codes, pest managers who chose to be bound by the codes were also required to meet certain levels of technical experience and education in termite management practices in order to become a signatory to the codes.
The Australian Competition and Consumer Commission (ACCC) promotes competition and fair transactions in markets to the advantage of customers, companies and the community. The ACCC is an independent commonwealth statutory authority whose role is to enforce the Competition and Consumer Act 20 10 along with a Variety of additionalLegislation regulating infrastructure and boosting fair trading, competition.
For further queries or enquiries regarding the ACCC, please refer to their website at www.accc.gov.au. .
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A code of practice sets out business standards of conduct. They're guidelines for fair dealing between you and controls and they let consumers know what companies agree to. The principles of practice that have been lodged with AEPMA are to signify the whole of industry.
An expert technical committee has drawn up the Code and sets the actions to take in dealing with termites out. Set out the best choices for handling termites in Australia and the principles of practice are revised to ensure that they are technically appropriate.