Pre Purchase Building Inspections Brisbane QLD 4000
Brisbane, the sunny capital city of Queensland, sees a 3 bedroom apartment in the heart of the city going for a median price of $994,000. These apartments tend to spend on average, about 3 months before being sold. Three months is a long time, but it can come by all too quickly if you’re working, packing, talking to the bank, still house shopping and trying to do a hundred other little things during the day.
Brisbane, 4000, has actually seen a decline in the capital gain expectancy of properties in the past 12 months, according to Property Investment Mag of -2.79%. With 20% down on the median cost of the property, buyers can expect to pay approximately $1000 a week on their mortgage repayments.
By paying an upfront cost of less than half your weekly mortgage repayment, you can help to protect yourself from any hidden damages that a property might hide, like Asbestos or Termites.
According to the Australian Bureau of Statistics, Queensland as a whole has seen mortgage prices skyrocket, anywhere from 50% right up to a 91% increase over the 2006 to 2011 period.
Whether you're looking to sell your house or buy your first unit or apartment, make sure you engage with a licensed builder to come and complete a pre purchase building inspection or a pre sale building inspection to make sure there wont be any hidden damages or fees that can ruin the experience for you.
Asbestos, pests, termites and structural defects could further impact mortgage repayment pressures in the years to come.
When choosing a Building and Pest Inspector be sure to ask them the following questions:
- Do you have professional indemnity and public liability insurance?
- How long have you been inspecting houses in Brisbane and the surrounding suburbs?
- Are you a licensed builder?
- Will you check the roof of the house?
- How will you identify any pest, termite or rotting woods behind the walls?
- Do you know or have any affiliation with the real estate agent you are dealing with on the property being inspected?
If you are not satisfied with the Building Inspectors answers to each of these questions then contact another building and asbestos Inspector in Brisbane.
Our licensed property inspectors are always happy to answer all of the above, so feel free to book in an inspection
Phone: 1300 657 546
Booking: CLICK HERE