The median sales price for houses inASHMORE, QLD 4124 in the last year was
$525,000.00 based on 187 home sales. Compared to the same period five years
ago, the median house sales price for houses increased 12.6% which equates to a
compound annual growth rate of 2.4%.
An 80% mortgage will mean you will need to
borrow $420,000.00. Therefore, given the age of some of the houses they may
have building defects so be careful because buying a home in this suburb. It is
very important to check for defects via a pre purchase building
inspection that
could cost you thousands of dollars in repair bills post completion of the
purchase.
ASHMORE, QLD 4124 population has grown
considerably over the past few years and during the period 2006 and 2011, the
median housing loan repayments per month have grown substantially FROM
$1,408.00 to $1,950.00.
So, whatever category you fit into be sure
to engage a licensed building and property inspector prior to purchase to check for asbestos,
pests, termites and structural defects that could further impact
mortgage repayment pressures in future years.
When choosing a Building and Pest Inspector
be sure to ask them the following questions:
1. Do you have professional
indemnity and public liability insurance?
2. How long have you been
inspecting houses in Ashmore?
3. Are you a licensed
builder?
4. Will you check the roof
of the house?
5. How will you identify any
pest, termite or rotting woods behind the walls?
6. Do you know or have any
affiliation with the real estate agent you are dealing with on the property
being inspected?
If you are not satisfied with the Building
Inspectors answers to each of these questions then contact another building and
pest Inspector in Gold Coast.
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