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Pest control specialists Rentokil have revealed that nearly two thirds (6 % ) of Australians believe a termite infestation could reduce the value of a home by over 20%*. The survey also revealed that 7 4 percent would get rid of a potential home in their shortlist altogether if it were to have termites*. .
Irrespective of whether youre buying or selling your home, you shouldnt wait till its too late to have a termite inspection,'' said Kate.
The consequences are having a potential 20 percent, or more, removed your asking price and the extra cost of fixing the 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 in Rentokil said a home is just one of the single largest investments a person will make in their lifetime and so they have to be proactive in regards to termites.
Addressing a termite infestation could be both financially and emotionally debilitating for a homeowner. If they are not spotted early and acted promptly, they can have a devastating effect on your home, stated Simon.
The best approach to prevent irreparable damage is to have a termite inspection annually. If termites are found during a normal inspection they may often be treated with minimal damage to the house and its value, said Simon.
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With the Spring property buzz , sellers should avoid promoting themselves short with an asking price. By phoning Rentokil about 1 300 76 1 94 7 book a termite inspection or see with our section that is termite.
We've summarised these termite stats more in a infographic, which you can see on You Tube below:
Statistics have come via Pure Profile in June from an online survey Rentokil commissioned . ** is from CSIRO Termite Survey and Hazard Mapping research. *** Is from study commissioned by Archicentre in 20 10.
A 201 2 Business Research commissioned by AEPMA estimated that the average cost of treatment and repair to be roughly $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 previous five years.
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Termites are a growing 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 type due to the use of concrete slabs with very little clearance from the ground and the use of soft wood timber for framing.
To most people, their main asset is the home and therefore it is necessary that termite index protection remain a priority for every home owner. .
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The ACCC recognised by abiding by the standards set out in the Codes, pest managers who chose to become Learn More bound by the codes were also required to satisfy specific levels of technical experience and schooling in termite management practices so as 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 consumers, companies and the community. The ACCC is an independent commonwealth statutory authority whose role is to apply a range of additional and Consumer Act 20 10 along with the Competition Legislation promoting competition and regulating federal infrastructure to the benefit of Australians.
For additional questions or enquiries regarding the ACCC, please refer to their own website at www.accc.gov.au. .
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A code of practice sets out industry standards of behavior. They are guidelines for dealing between you and controls and they allow consumers understand in dealing with them what businesses agree to. The codes are to signify the whole of industry.
An expert technical committee has drawn up the Code and sets out the present best actions to consider in dealing with termites. The codes of practice are revised to make sure pop over to this site they are technically appropriate and set out the best choices for dealing with termites in Australia.