The property market is picking up. I can feel it. It's not a frenzy but it's beginning to move. And it might move fast. I reckon it's a good time to buy. Not as much competition about. And interest rates have just fallen. There might be a rush. Just inspected a house in John Street, Erskineville and it was really nice.
I went to a 10 year old townhouse in Gymea this morning. It looked like a really easy job. But as I entered the property I spotted a termite treatment. Why is there a termite treatment in a relatively new house I wondered. Found out soon enough - OMG, the roof was eaten out by termites. A bit unusual for a newish property, but you never know. You just never ever know.
I inspected two units today at opposite ends of Sydney but they had almost identical problems - damp !! Damp through planter boxes, damp through the walls, damp into the garages and damp through the balcony floors. And both buildings were less than 5 years old !! Disgusting !!
I inspected a house today in Cremorne that presented so nicely - fresh paint, lovely flowers, designer furniture & brand new carpet. I guess the idea was that buyers wouldn't see the leaking roof tiles, cracks in the walls, sloping floors, rusted plumbing and unsafe wiring. Yes ! I guess that was the idea !!
Termites !! Termites !! Termites!!! That's all I saw all day. They must be taking over the country. There was severe termite damage in the floors and roof in a house in Newtown, termites in the floors in Glebe and termites in the floors in Chatswood. I also forgot to mention - two out of the three houses also had rising damp !! When do I get a nice house to inspect?
