Our nasty surprises
NORTH Coast home buyers are the most likely in NSW to uncover nasty surprises after moving in, a new survey has found.
Sixty-six per cent of homebuyers on the North Coast found hidden problems after buying their new home, compared to the national average of 55%, a national survey of property buying behaviour commissioned by St George Bank has found.
The top three issues discovered were plumbing or water-related problems, poor TV or phone reception and water damage.
St George retail banking manager Andy Fell said the results were surprising as 91% of the buyers claimed to have conducted pre-purchase checks.
Mr Fell said it was a sign local home buyers were not being thorough before purchase.
"Most people will look at a new car for longer than they inspect the home they buy," he said.
Independent building consultant Craig Nowlan from Ballina-based Techton Building Services warned only three items on the top 10 problem list - plumbing and water-related problems, wall and floor cracks and rising damp - were covered during a standard pre-purchase inspection.
"We don't have the right to undertake a destructive or invasive inspection of a property," he said.
"People also need to take some responsibility themselves for factors outside the domain of the pre-purchase report. Let the buyer beware."
But Mr Nowlan said if buyers had particular concerns they could negotiate with the inspector for a more thorough inspection of areas where they may have particular concern.
Plumbing and water-related problems 28%
Poor TV reception 23%
Bad mobile coverage 20%
Noisy neighbours 19%
Cracks in the walls or floors 20%
Lack of high speed internet 16%
Parking on the street is difficult 10%
Rising damp 8%
Future developments in the area 8%
Insufficient parking onsite 8%