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Pest control experts Rentokil have revealed that almost two thirds (6 5%) of Australians think that a termite infestation would decrease the value of a home by over 20%*. The poll also showed that 7 4 percent would remove a possible house in their shortlist altogether if it were to have termites*. .
Irrespective of if youre buying or selling your home, you shouldnt wait until its too late to have a termite inspection,'' said Kate.
The consequences are having a potential 20%, or more, removed your asking price and the added expense of mending the termite damage, she added.
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The normal cost 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 one of the single biggest investments someone will make in their lifetime and thus they need to be proactive in regards to termites.
Dealing with a termite infestation could be both financially and emotionally distressing for a homeowner. If they are not seen early and acted on promptly, they may have a devastating effect on your home, stated Simon.
The best way to prevent irreparable damage would be to get a termite inspection once a year. If termites are found during a normal review they can frequently be treated with minimal harm to the house and its value, stated Simon.
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With the Spring property buzz upon us, sellers should avoid promoting themselves short with an asking price influenced by termites. By phoning Rentokil on 1 300 76 1 94 7, Reserve a termite inspection or visit our section.
We have summarised these termite stats many more on You Tube below in a infographic, which you can see:
* Statistics 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 Research commissioned by AEPMA estimated that the average cost of repair and treatment of harm to be approximately $10,000 per home. A 200 3 survey by Archicentre (the Construction Advisory Service branch of the Royal Institute of Architects) estimated that the 6 50,000 Australian houses had become infested with termites within the last five decades.
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Termites are an increasing problem in Australia. Specifically risk levels in homes are climbing as construction of most homes since the 19 60s has been of a higher hazard kind due to the use of concrete slabs with little clearance in the ground and the use of soft wood timber for framing.
To most people, their most important asset is the home and therefore it is important that termite protection remain a priority for each home i thought about this 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 certain levels of practical experience and education in termite management practices so as to become a signatory to those codes.
The Australian Competition and Consumer Commission (ACCC) promotes competition and fair trades in markets to the advantage of consumers, businesses and the community. The ACCC is an independent commonwealth authority whose function is to enforce the Competition and Consumer Act 20 10 along with a range of additionalLegislation regulating federal infrastructure and promoting fair trading, competition.
For further questions or enquiries about the ACCC, please refer to their website at www.accc.gov.au. .
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A code of practice sets business standards of behavior out. They are guidelines for honest dealing between you and controls and they allow consumers know in dealing with them, what companies agree to. The principles are to signify the whole of industry.
An expert committee has drawn up the Code and sets out the actions. The codes of practice are revised to ensure they are technically appropriate and set out the best options for dealing with termites in Australia.