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Pest control specialists Rentokil have shown that nearly two thirds (6 % ) of Australians think that a termite infestation could decrease the value of a house by more than 20%*. The survey also revealed that 7 4% would remove a potential home in their shortlist entirely if it had been to have termites*. .
Irrespective of if youre buying or selling your home, you shouldnt wait till its too late to have a termite inspection,'' said Kate.
The results are having a potential 20 percent, or even more, taken off your asking price plus the extra cost of mending the termite damage, she added.
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The average 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 home is one of the single biggest investments a person will make in their lifetime and so they need to be proactive when it comes to termites.
Dealing with a termite infestation can be both financially and emotionally distressing for an individual homeowner. If they are not seen early and acted promptly, they can have a disastrous impact on your house, said Simon.
The best way to prevent irreparable damage would be to have a termite inspection once a year. If termites are found during a regular inspection they can often be treated with minimal damage to the property and its value, said Simon.
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With the Spring land buzz upon us, sellers should avoid selling themselves short with an asking price influenced by termites. Book a inspection now by calling Rentokil about 1 300 76 1 94 7 or visit our termite section.
We have i thought about this summarised these termite stats many more on You Tube below, in a movie infographic, which you can see:
Stats have come by Pure Profile in June in the an online survey Rentokil commissioned . ** is from CSIRO Termite Survey and Hazard Mapping research. *** Resources Is from study commissioned by Archicentre in 20 10.
A 201 2 Business Study estimated that the cost of repair and treatment of damage to be roughly $10,000 per house. A 200 3 survey by Archicentre (the Construction Advisory Service division of the Royal Institute of Architects) estimated that the 6 50,000 Australian homes had become infested with termites within the last five years.
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Termites are a growing 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 very little clearance in the floor and the use 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 required to meet specific levels of technical experience and education in termite management clinics in order 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 authority whose function is to enforce a Variety of additional and Consumer Act 20 10 along with the Competition Legislation boosting competition, fair trading and regulating national infrastructure to the benefit of Australians.
For further queries or enquiries about the ACCC, please refer to their own website at www.accc.gov.au. .
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A code of practice sets out business standards of behavior. They are guidelines for fair dealing between you and controllers and they let users understand in dealing with them what companies agree to. The principles of practice that have been lodged with AEPMA would be to signify the whole of business.
The Code was drawn up by an expert committee and sets the actions to consider in dealing with termites out. The codes of practice are regularly revised to ensure that they are technically correct and set out the best choices for dealing with termites in Australia.