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The median sales price for houses inCANNINGTON, WA 6107 in the last year was
$454,000.00. The annual capital growth rate is -2%.
An 80% mortgage though will mean you will
need to borrow $364,000.00. 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.
CANNINGTON, WA 6107 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 by $867.00 to
$1,950.00 per month.
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 Cannington?
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 Perth.
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