Pre Auction Inspections Mermaid Waters QLD 4218

12 Mar 2017 | Nicola Lawson

 

Ever thought about living in Mermaid Waters? Close enough to the beach that you can hit up that morning surf before heading into the office? Well, it's actually a lot more do-able then people think. A 3 bedroom house in Mermaids Water is currently going for an average of $655k. These homes tend to spend just over 2 months on the market before being sold to someone.

 

Mermaid Waters market really hasn't shifted all that much over the last year, actually dropping one whole percent. Compared to its five year annual growth of 3.59%, its pretty good. Definitely better to have stayed pretty average then see some of the more severe drops we've seen in the state.

Mermaid Waters Pre Auction Inspections

With 20% down on the median cost of the property, buyers can expect to pay around $648 a week on their mortgage repayments.

 

For less than a weeks worth of mortgage repayments, its always a solid idea to have a professional building inspector walk through the property pre auction to get a second opinion. A professional is always going to spot things you might miss, and can offer peace of mind to your future home.

 

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.

 

So whether you’re looking to buy your first home, or even an investment property, it's always a good idea to have a professional take a look at the property. With rising mortgage costs, any little thing might knock your budget out of line.

 

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:

  1. Do you have professional indemnity and public liability insurance?
  2. How long have you been inspecting houses in Mermaid Waters and the surrounding Gold Coast area?
  3. Are you a licensed builder?
  4. Will you check the roof of the house?
  5. How will you identify any pest, termite or rotting woods behind the walls?
  6. 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 pest Inspector in Mermaid Waters.

 

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

BOOK ONLINE: HERE