KEY TAKEAWAYS:
- Identify Hidden structural issues such as cracks, water damage, or foundation issues that are not visible during a standard inspection
- Reveals any current or past termite infestations or damage that could significantly affect the safety or value of the property
- Findings can provide justification for negotiating a reduction repair request and give you the information required to decide if you wish to proceed with the purchase
- In NSW, the buyer is responsible for due diligence by exercising care and investigating the property to obtain all required information before making the decision to purchase. Doing your due diligence ensures you are not surprised by expensive repairs or issues
Purchasing property is one of the most significant financial decisions you’ll ever make, especially in a competitive market like New South Wales. Whether you’re buying your first home or adding to your investment portfolio, it’s crucial not to let excitement cloud your judgment. One of the smartest steps you can take before signing the dotted line is obtaining a Pest and Building Inspection Report.
What is a Pest and Building Report?
A Pest and Building Report is a combined inspection that provides a comprehensive assessment of the property’s structural condition (building inspection) and any evidence of timber pests like termites (pest inspection). These inspections are carried out by licensed professionals who are trained to identify issues that might not be visible to the untrained eye.
Why is this Report so Important?
- Uncover Hidden Structural Issues
A home may look perfect at first glance, but appearances can be deceiving. Structural problems such as:
- Cracks in walls or ceilings
- Poor drainage
- Subfloor damage
- Roof leaks can go unnoticed during an open inspection. These issues could cost tens of thousands of dollars to repair down the line.
- Detect Termite and Pest Activity
Termites are a major problem in many parts of NSW. If left unchecked, a termite infestation can cause severe damage to the timber framework of a house, significantly reducing its structural integrity and value. A pest inspection:
- Identifies current infestations
- Detects signs of past damage
- Assesses the risk of future infestations
- Negotiation Power
If the inspection report uncovers defects, you can use it as a bargaining chip. You might:
- Negotiate a lower sale price
- Request that the seller make repairs before settlement
- Decide to walk away from a risky purchase
- Peace of Mind
Buying a property is stressful enough. Knowing that a professional has thoroughly inspected the home gives you the confidence to move forward without nasty surprises waiting after you move in.
- Legal and Financial Protection
In NSW, the principle of “buyer beware” applies. This means it’s your responsibility as the buyer to identify any defects before purchase. If you skip the inspection and later find serious issues, you may have limited legal recourse.
When Should You Get a Pest and Building Inspection?
Ideally, the report should be obtained before exchanging contracts if no cool-off or during a cool-off period. In NSW, once contracts are exchanged, you’re legally bound to follow through with the purchase (unless there’s a cooling-off period or specific conditions).
Who Should Conduct the Inspection?
Always engage a licensed and insured inspector who specialises in building and pest inspections in NSW. You can verify their credentials through:
- NSW Fair Trading
- Master Builders Association
- Australian Institute of Building Surveyors
Look for inspectors who provide detailed reports with photos, descriptions, and recommendations, not just a generic checklist.
Final Thoughts
Spending a few hundred dollars on a Pest and Building Report might save you tens of thousands in future repairs. It gives you clarity, confidence, and control in what is likely the biggest investment of your life.
📞 Get in touch with Coutts today to ensure your next move is informed, compliant, and future-ready.
ABOUT KAY VITOGIANNIS:
Kay joined the Coutts team in May 2021 working as a Licensed Conveyancer within our Property & Conveyancing team, based in our Narellan office.
Kay has over 20 years of experience in the Legal industry. She began her journey in CBD Conveyancing firms as a secretary and attained her Advanced Diploma in Conveyancing in December 2010.
For further information please don’t hesitate to contact:
Kay Vitogiannis
Licensed Conveyancer
info@couttslegal.com.au
1300 268 887
This blog is merely general and non specific information on the subject matter and is not and should not be considered or relied on as legal advice. Coutts is not responsible for any cost, expense, loss or liability whatsoever in relation to this blog, including all or any reliance on this blog or use or application of this blog by you.
