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Pest control specialists Rentokil have revealed that almost two thirds (6 % ) of Australians think a termite infestation could decrease the value of a house by over 20%*. The survey also revealed that 7 4% would get rid of a possible home in their shortlist entirely if it had been to have termites*. .
No matter if youre buying or selling your house, you shouldnt wait till its too late to have a termite inspection, said Kate.
The results are having a potential 20%, or even more, removed your asking price plus the extra cost of fixing the termite damage, she added.
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The normal price of termite damage is between $7,000 and $8,000*** and is not covered by most home insurance policies.
Simon Lean, Australian Technical Manager at Rentokil explained a home is just one of the single biggest investments a person will make in their lifetime and thus they need to be proactive in regards to termites.
Dealing with a termite infestation can be both financially and emotionally debilitating for an individual homeowner. If they're not seen early and acted on promptly, they may have a disastrous impact on your home, stated Simon.
The best approach to prevent termite damage would be to get a termite inspection annually. If termites are found during a normal review they may frequently be treated with minimal damage to the property and its value, stated Simon.
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With the Spring land buzz upon us, sellers should avoid selling themselves short with an asking price impacted by termites. By calling Rentokil about 1 300 76 1 94 7 Reserve a inspection or see with our section.
We have summarised these stats + many more on You Tube below in a infographic, which you can see:
Statistics have come from an an online survey Rentokil commissioned by Actual Profile in June . ** is from CSIRO Termite Survey and Hazard Mapping research. *** Is from study commissioned by Archicentre in 20 10.
A 201 2 Industry Research try here estimated the average cost of treatment and repair to be approximately $10,000 per house. A 200 3 survey by Archicentre (the Building Advisory Service branch of the Royal Institute of Architects) estimated that 6 50,000 Australian houses had become infested with termites over the last five years.
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Termites are an increasing problem in Australia. Especially risk levels in houses are rising as building of most homes since the 19 60s has been of a higher risk kind due to using concrete slabs with very little clearance in the ground and the usage of soft wood timber for framing.
To most people, their main asset is the home and therefore it is necessary that termite protection remain a priority for each home owner. .
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The ACCC recognised that by abiding by the criteria set out in the Codes, pest managers that chose to be bound by the codes were required to meet specific levels of technical experience and education in termite management clinics so as to become a signatory to those codes.
The Australian Competition and Consumer Commission (ACCC) promotes competition and fair transactions in markets to the benefit of customers, companies and the community. The ACCC is an independent commonwealth authority whose role is to enforce a Variety of additional and Consumer Act 20 10 along with the Competition Legislation regulating infrastructure to the benefit of Australians and promoting fair trading, competition.
For additional questions or enquiries about the ACCC, please refer to their own website at www.accc.gov.au. .
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A code of practice sets industry standards of behavior out. They're guidelines for honest dealing between you and controls and they allow users understand in dealing with them what companies agree to. The codes of practice which were lodged with AEPMA would be to signify the whole of industry.
The Code has been drawn up by an expert technical committee and sets the actions out. The codes of practice are revised to ensure Click This Link that they are technically correct and set out for handling termites in Australia, the options.