A favourite pastime whilst on holidays at the beach, is checking out the properties For Sale in the local Real Estate Agency’s windows. As the Bellarine Peninsula becomes as popular (if not more popular), than its counterpart across Port Phillip Bay, growing numbers are choosing to settle in the areas around Geelong, generally considered the more affordable option.
Whilst retirees have long known the attraction of a ‘seachange’, with townships such as Queenscliff and Point Lonsdale rating most popular among this demographic, local councils are finding ways to attract a younger crowd by promoting the benefits of a regional lifestyle – and the more affordable prices – to settle in towns across the Bellarine Peninsula including Leopold, Drysdale, Clifton Springs, Ocean Grove, Portarlington, Indented Head or along the Surf Coast including Torquay, Jan Juc, Anglesea and the new estate areas opening up at Lara, Fyansford, Bannockburn, Armstrong Creek, Mt. Duneed and other areas around the Geelong hub. The peninsula population is expected to grow by 25,000 to 30,000 over the next 15 years.
Houspect provides professional Handover Inspections and Reports for new homes and units for greater Melbourne and regional Victoria including Bendigo, Ballarat, Geelong and surrounding areas. Houspect’s services include all stages of new construction such as slab down, frame, lock-up/pre-plaster, fixing and practical completion.
Failing to perform due diligence is the number one reason that home buyers run into issues when buying or building property. When buying a property that is riddled with defects, it is likely to be you footing any repair bills. Once the Purchase Agreement is signed it is too late to start negotiating on price. Pre-purchase inspections help create a level playing field for home buyers, allowing you to make more informed decisions and putting you in the best position to negotiate on price.
Homes in Victoria are often bought at auction. If you think you’ve found your dream home and it’s going to auction, a Pre-Auction Inspection may help to negotiate a better price and for it to be accepted prior to sale. This benefits vendors as well, by reducing their selling costs or if they’re seeking a quick sale. Even better, if the property is passed-in at auction, our report can help you negotiate a great price afterwards.
Any Building damage discovered after purchase will not be covered by insurance. Insurance companies do not pay for any damage that existed before you bought the property! Our Pre-Auction Building Inspection reports will give you that peace of mind before the auction.
Professional Pre-Purchase Inspection
Most home-buyers have a fair idea what to look for in a property, but many fall into the trap of missing key issues which are covered up with cosmetic work. Only an experienced builder’s eye will see through this façade. This is the reason Houspect building inspectors are licensed and hold the Domestic Builder Unlimited (DBU) registration with the Victorian Building Authority.
A qualified builder has the essential knowledge of a building’s structural requirements and can recognise the tell-tale signs of cosmetic patch jobs. A pre-purchase inspection could potentially save you a great amount of time and money. Home buyers expect to pay more for a property that is in demand. If that property has serious defects, you will end up paying even more for repairs.
Money-Saving Benefits
Every property has some type of defect. No architect or builder can claim to have designed or built a perfect property. If there are significant defects to the property and you can’t afford to repair them, you will lose out when it comes time to sell the property. Home buyers are increasingly seeing the benefits of pre-purchase inspections. A pre-purchase inspection can realistically help you have the upper hand in price negotiations for your next property.