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Pest control experts Rentokil have shown that nearly two thirds (6 5%) of Australians believe a termite infestation would reduce the value of a house by over 20%. The poll also showed that 7 4 percent would remove a possible home from 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 possible 20%, or even more, taken off your asking price plus the added 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 at Rentokil said a house is one of the single biggest investments a person will make in their lifetime and so they need to be proactive in regards to termites.
Dealing with a termite infestation can be both financially and emotionally debilitating for a homeowner. If they are not spotted early and acted promptly, they may have a disastrous impact on your house, stated Simon.
The best approach to prevent irreparable damage is to have a termite inspection once a year. If termites are found during a normal inspection they may frequently be treated with minimal harm to the house and its value, stated Simon.
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With the Spring land buzz upon us, sellers should avoid promoting themselves short with an asking price impacted by termites. By calling Rentokil on 1 300 76 1 94 7 book a termite inspection or see our section that is termite.
We have summarised these termite stats many more on You Tube below in a infographic, which you can view:
Statistics have come by Pure Profile in June in the 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 Industry Research commissioned by AEPMA estimated that the average cost of repair and treatment of harm to be approximately $10,000 per house. A 200 3 survey by Archicentre (the Construction Advisory Service branch of the Royal Institute of Architects) estimated that 6 50,000 Australian houses had become infested with termites within the previous five years.
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Termites are an increasing problem in Australia. Specifically risk levels in homes are rising as construction of the majority of homes since the 19 60s has been of a greater risk kind because of the use of concrete slabs with very little clearance in the floor and the use of soft wood timber for Clicking Here framing.
To most people, their most important asset is their home and therefore it is important 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 who chose to become bound by the codes were also required to satisfy certain levels of practical experience and schooling in termite management practices so as to be a signatory to the codes.
The Australian Competition and Consumer Commission (ACCC) promotes competition and fair transactions in markets to the advantage of consumers, businesses and the community. The ACCC is an independent commonwealth authority whose role is to apply Continued the Competition and Consumer Act 20 10 and a range of additionalLegislation regulating federal infrastructure to the benefit of Australians and promoting fair trading, competition.
For further 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 business standards of conduct out. They're guidelines for fair dealing between you and controllers and they allow consumers know in coping 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 actions. Set out for handling termites in Australia, the best options and the principles of practice are revised to ensure that they are technically correct.