Are you an interstate buyer looking to purchase property in Perth, Western Australia? With the current state of the real estate market, purchasing property in Perth can be an attractive investment opportunity. However, it can also be a risky decision if you don’t conduct proper building inspections. In this blog post, we will explore why building inspections are critical when purchasing property in Perth as an interstate buyer, provide tips on finding a qualified building inspector, discuss potential risks of not conducting an inspection, and share some horror stories from buyers who did not conduct proper inspections and suffered the consequences.

Perth has a few unique risks that buyers from other states should be aware of before purchasing property. For example, Perth is known for its harsh climate, which can affect the condition of the property. In addition, the type of soil in Perth is known as “reactive soil,” which can cause problems with the foundation of the property. Buyers should also be aware of the prevalence of termites and asbestos in Perth properties. I hear you think “great, bloody termites and crappy soil”. Well, it’s not all bad. Perth is a great place to buy, you just need to be smart about what you’re buying.

Are you trying to sort out your building inspections in Perth as an interstate buyer? As we manage the perth conveyancing for hundreds of interstate buyers, we get told all the time that it seems like a daunting task, but it’s a critical step in the purchasing process. Here is a step-by-step guide on how to arrange the right building inspection:

1. Research and choose a qualified building inspector or inspection company that specialises in interstate purchases in Perth. For example, WA Building Inspections Perth has a specialist interstate building inspections service.
2. Call or email the inspector to discuss your needs and schedule the inspection.
3. Pay the inspection fee.
4. The inspector will conduct a thorough inspection of the property and provide a detailed report on any issues found.
5. Review the report and discuss any concerns with the inspector.
6. The few specialist interstate inspection services available will also have a visual walkthrough (via video, facetime etc) inclusions and additional advice and recommendations about the property around future maintenance and special advice for interstate buyers who may be unaware of some of the risks mentioned above.

It’s important to note that there are different types of inspections available, including pre purchase BUILDING inspections only, pest and termite inspection only and the most common combined building AND pest inspection which generlly provides the buyer with a cost saving, and comprehensive inspections.

During building inspections, common issues that are often found in Perth properties include termite damage, asbestos, and structural issues. Termite damage can be especially prevalent in Perth due to the climate and the prevalence of wooden structures. Asbestos is also a concern in older properties and can pose health risks if not properly removed. Structural issues can include problems with the foundation, walls, and roof of the property.

Building inspections before you buy in Perth can have a significant impact on the purchasing process and potentially save buyers money in the long run. For example, one of our clients who we performed the house settlement for, named Sarah from Sydney was interested in purchasing a property in Perth but was hesitant due to the potential risks. She decided to hire a qualified building inspector who found significant termite damage that was not visible to the untrained eye. The specialist insterstate building inspetor was able to explain the damage and actual risks of this localised termite damage to Sarah so she understood what this means for future costs. Sarah was able to negotiate a significantly lower purchase price with the seller and save thousands of dollars in potential repairs.

On the other hand, another conveyancing client named Joe from Melbourne purchased a property in Como without conducting a thorough building inspection. One year later, he discovered significant termite damage that would cost him thousands of dollars to repair. Joe learned the hard way that proper building inspections are critical when purchasing property as an interstate buyer.

The cost of interstate building and/or pest inspections in Perth can vary depending on the type of inspection, the size of the property, and the inspector’s experience. Generally, a building inspection only or a pest inspection only can cost between $250 to $350, while a combined building and pest inspection can cost between $450-$800.

A comprehensive building and pest inspection can take between three to four hours, while a building only or pest inspection only can take between two to three hours.

Purchasing property in Perth as an interstate buyer can be a complicated process, but building inspections are essential to avoid potential risks and negative surprises. Selecting the right type of inspection that covers all aspects of the property, including structure, pests, asbestos, plumbing, and electrical systems, can save buyers money in the long run and prevent potential horror stories.

Interstate buyers should always select a qualified building inspector who specialises in interstate purchases and understands not only the unique features and risks associated with Perth properties but also the unique needs of an interstate buyer who has never physically seen or visited the property they are about to buy. By following these tips and taking the necessary precautions, interstate buyers can enjoy a stress-free and successful property purchase in Perth.