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Pest control experts Rentokil have revealed that nearly two thirds (6 % ) of Australians think a termite infestation would decrease the value of a house by over 20%*. The poll also showed that 7 4 percent would get rid of a possible home from their shortlist altogether if it were to have termites*. .
No matter if youre buying or selling your home, you shouldnt wait until its too late to have a termite inspection,'' said Kate.
The results are having a potential 20 percent, or more, removed your asking price and the added expense of fixing the termite damage, '' she added.
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The average 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 home is just one of the single biggest investments a person will make in their lifetime and thus they have to be proactive in regards to termites.
Addressing a termite infestation could be both financially and emotionally debilitating for an individual homeowner. If they are not seen early and acted promptly, they can have a devastating effect on your house, said Simon.
The best approach to prevent irreparable damage is to get a termite inspection annually. If termites are found during a normal review they may often be treated with minimal harm to the property and its value, stated Simon.
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With the Spring land buzz , sellers should avoid selling themselves short with an asking price. By phoning Rentokil about 1 300 76 1 94 7 Reserve a inspection today or see our termite section.
We've summarised these termite stats many more on You Tube below in a video infographic, which you can view:
* Statistics have come by Pure Profile in June from an an online survey Rentokil commissioned this year. ** is from CSIRO Termite Survey and Hazard Mapping research. *** Is from study commissioned by Archicentre in 20 10.
A 201 2 Business Study commissioned by AEPMA estimated the cost of repair and treatment of damage to be roughly $10,000 per house. A 200 3 survey by Archicentre (the Building Advisory Service division of the Royal Institute of Architects) estimated that the 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. Especially risk levels in homes are rising as building of most homes since the 19 60s has been of a higher hazard kind because of the use of 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 it is therefore important that termite 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 be bound by the codes were also required to meet certain levels of technical experience and schooling in termite management clinics so as to be a signatory to the codes.
The Australian Competition and Consumer Commission (ACCC) promotes competition and fair trades in markets to the benefit of customers, companies and the community. The ACCC is an independent commonwealth statutory authority whose function is to enforce a range of additional and Consumer Act 20 10 along with the Competition Legislation regulating infrastructure and promoting competition.
For further queries 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 industry standards of behavior out. They're guidelines for fair dealing between controllers and you and they allow users know what companies agree to in coping with them. The principles of practice which have been lodged with AEPMA would be to represent the whole of business.
The Code has been drawn up by an expert technical committee and sets the actions out. Set out for dealing with termites explanation in Australia, the choices and the principles of practice are revised to make sure that they are technically correct.