Tuesday, October 3, 2023
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    Property Tax Rally held at Montana State Capitol

    Property Tax Rally held at Montana State Capitol

    Aviva and Socius to develop £1bn south London cancer research hub | News

    Aviva and Socius to develop £1bn south London cancer research hub | News

    Property Forum Awards 2023 – Shortlist announced

    Property Forum Awards 2023 – Shortlist announced

    International Real Estate Report Highlights Portugal’s Thriving ‘Property Hotspots’

    International Real Estate Report Highlights Portugal’s Thriving ‘Property Hotspots’

    Irwin Mitchell adds Keith Davidson to ESG practice | News

    Irwin Mitchell adds Keith Davidson to ESG practice | News

    Mitiska REIM raises €168 million | Property Forum

    Mitiska REIM raises €168 million | Property Forum

    Cavalry Barracks developer goes into administration | News

    Cavalry Barracks developer goes into administration | News

    Warehouse supply in Poland hits all-time high | Property Forum

    Warehouse supply in Poland hits all-time high | Property Forum

    Back at peak levels: House prices rebound after a rapid decline

    Back at peak levels: House prices rebound after a rapid decline

  • Retail
    Best years ahead for Hong Kong retail industry as patience needed for post-Covid recovery, Wharf group says

    Best years ahead for Hong Kong retail industry as patience needed for post-Covid recovery, Wharf group says

    Allsup’s in Waco; Stay Classy pauses; $344M in unclaimed property; state tennis

    Allsup’s in Waco; Stay Classy pauses; $344M in unclaimed property; state tennis

    Garbanzo Mediterranean Fresh inks 1,700 sq. ft. lease at ShopRite-anchored plaza in Delran

    Garbanzo Mediterranean Fresh inks 1,700 sq. ft. lease at ShopRite-anchored plaza in Delran

    BPF calls for empty rates relief extension | Features and analysis

    BPF calls for empty rates relief extension | Features and analysis

    Staunton streetscaping, Buc-ee’s confirmed and library happenings: The Digest

    Staunton streetscaping, Buc-ee’s confirmed and library happenings: The Digest

    Vukile targets growth in rural retail

    Vukile targets growth in rural retail

    Why tackling 2 massive redevelopment projects in Muskegon makes perfect sense to Jon Rooks

    Why tackling 2 massive redevelopment projects in Muskegon makes perfect sense to Jon Rooks

    DFS Opening the First World-Class, Seven-Star Luxury Retail and Entertainment Destination DFS Yalong Bay in Sanya, Hainan, China by 2026

    DFS Opening the First World-Class, Seven-Star Luxury Retail and Entertainment Destination DFS Yalong Bay in Sanya, Hainan, China by 2026

    3 Stocks Whose Dividends Look Safe Right Now

    3 Stocks Whose Dividends Look Safe Right Now

  • Residential
    Construction to renovate Archer School into affordable housing ramps up

    Construction to renovate Archer School into affordable housing ramps up

    HUD Announces Over $30 Million to Combat Housing Discrimination Nationwide

    HUD Announces Over $30 Million to Combat Housing Discrimination Nationwide

    LA Housing Department Proposes Increasing Residential Hotel Enforcement — ProPublica

    LA Housing Department Proposes Increasing Residential Hotel Enforcement — ProPublica

    Annexation for south entrance property before Whitefish Council

    Annexation for south entrance property before Whitefish Council

    Overall private residential property prices remained broadly flat amid lower sale transaction volume in 3Q2023

    Overall private residential property prices remained broadly flat amid lower sale transaction volume in 3Q2023

    Affordable Housing Planned For Boston’s Seaport

    Affordable Housing Planned For Boston’s Seaport

    New York trial to set Trump damages after judge finds real estate fraud

    New York trial to set Trump damages after judge finds real estate fraud

    Invest in Your Future – Scotsman Guide

    Invest in Your Future – Scotsman Guide

    8 SF properties could become next office-to-housing conversions

    8 SF properties could become next office-to-housing conversions

  • Office
    Apartments, retail and more proposed for old Cooper Stadium property

    Apartments, retail and more proposed for old Cooper Stadium property

    KERA Sells Property Near Uptown Dallas, Making Way for New … – CoStar Group

    KERA Sells Property Near Uptown Dallas, Making Way for New … – CoStar Group

    US office prices headed for ‘severe crash,’ investors say

    US office prices headed for ‘severe crash,’ investors say

    CTO Realty Growth Announces Sale of Single Tenant Office Property in Reston, Virginia For $18.5 Million -October 02, 2023 at 07:31 am EDT

    CTO Realty Growth Announces Sale of Single Tenant Office Property in Reston, Virginia For $18.5 Million -October 02, 2023 at 07:31 am EDT

    Taking a closer look | News, Sports, Jobs

    Taking a closer look | News, Sports, Jobs

    Severe crash coming for US office properties, investors say

    Severe crash coming for US office properties, investors say

    What $250M Brickell Office Sale Means

    What $250M Brickell Office Sale Means

    Dubai property: Office rents, occupancy levels to go up in near term – News

    Dubai property: Office rents, occupancy levels to go up in near term – News

    DA’s office investigating Michael Baxter & Associates

    DA’s office investigating Michael Baxter & Associates

  • Industrial
    This Week’s Dallas-Fort Worth Deal Sheet (October 10, 2023)

    This Week’s Dallas-Fort Worth Deal Sheet (October 10, 2023)

    2024 Pre-Roll Consultation Period is Underway

    2024 Pre-Roll Consultation Period is Underway

    Investment firm KKR sells $560 million of U.S. industrial real estate, including Lehigh Valley properties | Lehigh Valley Regional News

    Investment firm KKR sells $560 million of U.S. industrial real estate, including Lehigh Valley properties | Lehigh Valley Regional News

    Australian Property Journal’s sales and leasing transactions wrap

    Australian Property Journal’s sales and leasing transactions wrap

    Industrial Tenants Flee Sydney High Rents, Space Shortages

    Industrial Tenants Flee Sydney High Rents, Space Shortages

    Public hearings Monday on Clarkesville budget, millage rate

    Public hearings Monday on Clarkesville budget, millage rate

    $1.2b commercial, industrial, retail sales in year’s first half: CBRE overview

    $1.2b commercial, industrial, retail sales in year’s first half: CBRE overview

    Restaurant Real Estate: October 2023

    Restaurant Real Estate: October 2023

    Commissioners to consider development plan for land near Taylorsville

    Commissioners to consider development plan for land near Taylorsville

  • Hotel
    Council hears more on Oasis sports complex

    Council hears more on Oasis sports complex

    Diversified Trust Co Increases Holdings in DiamondRock Hospitality: A Promising Investment Opportunity in the Hospitality Industry

    Diversified Trust Co Increases Holdings in DiamondRock Hospitality: A Promising Investment Opportunity in the Hospitality Industry

    ‘Overlooked’ Kilmarnock and Irvine set to receive ‘surprise’ £20m cash injection from UK Government

    ‘Overlooked’ Kilmarnock and Irvine set to receive ‘surprise’ £20m cash injection from UK Government

    Paving the Way for Sustainable African Development

    Paving the Way for Sustainable African Development

    England’s Slow-Motion Debt Crisis Rolls Into View

    England’s Slow-Motion Debt Crisis Rolls Into View

    Check in for a greener future at Holiday Inn Express Newcastle | Newcastle Herald

    Check in for a greener future at Holiday Inn Express Newcastle | Newcastle Herald

    Bexhill and Hastings among towns set to receive £20 million of long term investment

    Bexhill and Hastings among towns set to receive £20 million of long term investment

    Sunrise host Edwina Bartholomew reveals her little-known side hustle with her husband Neil Varcoe

    Sunrise host Edwina Bartholomew reveals her little-known side hustle with her husband Neil Varcoe

    Chameleone, Bebe Cool too old for music battles, opines Tuff B

    Chameleone, Bebe Cool too old for music battles, opines Tuff B

  • Buying a Home
    Should I rent or buy a home? How to weigh your options – NBC 6 South Florida

    Should I rent or buy a home? How to weigh your options – NBC 6 South Florida

    Consumer Corner: Should I rent or buy a home? – NBC 6 South Florida

    Consumer Corner: Should I rent or buy a home? – NBC 6 South Florida

    How buying a new home can save you capital gains tax on shares, MF

    How buying a new home can save you capital gains tax on shares, MF

    Couple buys UFO-shaped house in DeWitt Township, will document renovations on TikTok

    Couple buys UFO-shaped house in DeWitt Township, will document renovations on TikTok

    Seaside haven votes to ban wealthy Londoners from buying holiday lets amid demands they face TRIPLE council tax…but local firms say they need tourists to survive

    Seaside haven votes to ban wealthy Londoners from buying holiday lets amid demands they face TRIPLE council tax…but local firms say they need tourists to survive

    How to buy a video doorbell

    How to buy a video doorbell

    Patrick Kielty and Cat Deeley buy £5 million home in London next to Harry Styles

    Patrick Kielty and Cat Deeley buy £5 million home in London next to Harry Styles

    Most expensive villages to buy a home in Suffolk revealed

    Most expensive villages to buy a home in Suffolk revealed

    31 Mistakes First-Time Homeowners Will Never Repeat – BuzzFeed

    31 Mistakes First-Time Homeowners Will Never Repeat – BuzzFeed

  • Selling a Home
    You can buy an 8x18ft tiny home on the beach for only $45,500

    You can buy an 8x18ft tiny home on the beach for only $45,500

    Grandma scammed out of nearly $480K after selling family home in fraud scheme

    Grandma scammed out of nearly $480K after selling family home in fraud scheme

    Grandmother scammed out of $750,000

    Grandmother scammed out of $750,000

    Home battery owners earned up to £26 in trial for selling power to the grid

    Home battery owners earned up to £26 in trial for selling power to the grid

    James Packer mansion: Billionaire selling LA home for $132 million – 9News

    James Packer mansion: Billionaire selling LA home for $132 million – 9News

    Liam McCallum family sell up home and take memories of their miracle boy with them

    Liam McCallum family sell up home and take memories of their miracle boy with them

    Texas couple arrested for selling exotic cubs and violating the Big Cat Act, authorities say

    Texas couple arrested for selling exotic cubs and violating the Big Cat Act, authorities say

    Land Bank board members need to show up and do their job

    Land Bank board members need to show up and do their job

    Zoopla is selling an extravagant home in Watford for £650k

    Zoopla is selling an extravagant home in Watford for £650k

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  • Home
  • News
    Property Tax Rally held at Montana State Capitol

    Property Tax Rally held at Montana State Capitol

    Aviva and Socius to develop £1bn south London cancer research hub | News

    Aviva and Socius to develop £1bn south London cancer research hub | News

    Property Forum Awards 2023 – Shortlist announced

    Property Forum Awards 2023 – Shortlist announced

    International Real Estate Report Highlights Portugal’s Thriving ‘Property Hotspots’

    International Real Estate Report Highlights Portugal’s Thriving ‘Property Hotspots’

    Irwin Mitchell adds Keith Davidson to ESG practice | News

    Irwin Mitchell adds Keith Davidson to ESG practice | News

    Mitiska REIM raises €168 million | Property Forum

    Mitiska REIM raises €168 million | Property Forum

    Cavalry Barracks developer goes into administration | News

    Cavalry Barracks developer goes into administration | News

    Warehouse supply in Poland hits all-time high | Property Forum

    Warehouse supply in Poland hits all-time high | Property Forum

    Back at peak levels: House prices rebound after a rapid decline

    Back at peak levels: House prices rebound after a rapid decline

  • Retail
    Best years ahead for Hong Kong retail industry as patience needed for post-Covid recovery, Wharf group says

    Best years ahead for Hong Kong retail industry as patience needed for post-Covid recovery, Wharf group says

    Allsup’s in Waco; Stay Classy pauses; $344M in unclaimed property; state tennis

    Allsup’s in Waco; Stay Classy pauses; $344M in unclaimed property; state tennis

    Garbanzo Mediterranean Fresh inks 1,700 sq. ft. lease at ShopRite-anchored plaza in Delran

    Garbanzo Mediterranean Fresh inks 1,700 sq. ft. lease at ShopRite-anchored plaza in Delran

    BPF calls for empty rates relief extension | Features and analysis

    BPF calls for empty rates relief extension | Features and analysis

    Staunton streetscaping, Buc-ee’s confirmed and library happenings: The Digest

    Staunton streetscaping, Buc-ee’s confirmed and library happenings: The Digest

    Vukile targets growth in rural retail

    Vukile targets growth in rural retail

    Why tackling 2 massive redevelopment projects in Muskegon makes perfect sense to Jon Rooks

    Why tackling 2 massive redevelopment projects in Muskegon makes perfect sense to Jon Rooks

    DFS Opening the First World-Class, Seven-Star Luxury Retail and Entertainment Destination DFS Yalong Bay in Sanya, Hainan, China by 2026

    DFS Opening the First World-Class, Seven-Star Luxury Retail and Entertainment Destination DFS Yalong Bay in Sanya, Hainan, China by 2026

    3 Stocks Whose Dividends Look Safe Right Now

    3 Stocks Whose Dividends Look Safe Right Now

  • Residential
    Construction to renovate Archer School into affordable housing ramps up

    Construction to renovate Archer School into affordable housing ramps up

    HUD Announces Over $30 Million to Combat Housing Discrimination Nationwide

    HUD Announces Over $30 Million to Combat Housing Discrimination Nationwide

    LA Housing Department Proposes Increasing Residential Hotel Enforcement — ProPublica

    LA Housing Department Proposes Increasing Residential Hotel Enforcement — ProPublica

    Annexation for south entrance property before Whitefish Council

    Annexation for south entrance property before Whitefish Council

    Overall private residential property prices remained broadly flat amid lower sale transaction volume in 3Q2023

    Overall private residential property prices remained broadly flat amid lower sale transaction volume in 3Q2023

    Affordable Housing Planned For Boston’s Seaport

    Affordable Housing Planned For Boston’s Seaport

    New York trial to set Trump damages after judge finds real estate fraud

    New York trial to set Trump damages after judge finds real estate fraud

    Invest in Your Future – Scotsman Guide

    Invest in Your Future – Scotsman Guide

    8 SF properties could become next office-to-housing conversions

    8 SF properties could become next office-to-housing conversions

  • Office
    Apartments, retail and more proposed for old Cooper Stadium property

    Apartments, retail and more proposed for old Cooper Stadium property

    KERA Sells Property Near Uptown Dallas, Making Way for New … – CoStar Group

    KERA Sells Property Near Uptown Dallas, Making Way for New … – CoStar Group

    US office prices headed for ‘severe crash,’ investors say

    US office prices headed for ‘severe crash,’ investors say

    CTO Realty Growth Announces Sale of Single Tenant Office Property in Reston, Virginia For $18.5 Million -October 02, 2023 at 07:31 am EDT

    CTO Realty Growth Announces Sale of Single Tenant Office Property in Reston, Virginia For $18.5 Million -October 02, 2023 at 07:31 am EDT

    Taking a closer look | News, Sports, Jobs

    Taking a closer look | News, Sports, Jobs

    Severe crash coming for US office properties, investors say

    Severe crash coming for US office properties, investors say

    What $250M Brickell Office Sale Means

    What $250M Brickell Office Sale Means

    Dubai property: Office rents, occupancy levels to go up in near term – News

    Dubai property: Office rents, occupancy levels to go up in near term – News

    DA’s office investigating Michael Baxter & Associates

    DA’s office investigating Michael Baxter & Associates

  • Industrial
    This Week’s Dallas-Fort Worth Deal Sheet (October 10, 2023)

    This Week’s Dallas-Fort Worth Deal Sheet (October 10, 2023)

    2024 Pre-Roll Consultation Period is Underway

    2024 Pre-Roll Consultation Period is Underway

    Investment firm KKR sells $560 million of U.S. industrial real estate, including Lehigh Valley properties | Lehigh Valley Regional News

    Investment firm KKR sells $560 million of U.S. industrial real estate, including Lehigh Valley properties | Lehigh Valley Regional News

    Australian Property Journal’s sales and leasing transactions wrap

    Australian Property Journal’s sales and leasing transactions wrap

    Industrial Tenants Flee Sydney High Rents, Space Shortages

    Industrial Tenants Flee Sydney High Rents, Space Shortages

    Public hearings Monday on Clarkesville budget, millage rate

    Public hearings Monday on Clarkesville budget, millage rate

    $1.2b commercial, industrial, retail sales in year’s first half: CBRE overview

    $1.2b commercial, industrial, retail sales in year’s first half: CBRE overview

    Restaurant Real Estate: October 2023

    Restaurant Real Estate: October 2023

    Commissioners to consider development plan for land near Taylorsville

    Commissioners to consider development plan for land near Taylorsville

  • Hotel
    Council hears more on Oasis sports complex

    Council hears more on Oasis sports complex

    Diversified Trust Co Increases Holdings in DiamondRock Hospitality: A Promising Investment Opportunity in the Hospitality Industry

    Diversified Trust Co Increases Holdings in DiamondRock Hospitality: A Promising Investment Opportunity in the Hospitality Industry

    ‘Overlooked’ Kilmarnock and Irvine set to receive ‘surprise’ £20m cash injection from UK Government

    ‘Overlooked’ Kilmarnock and Irvine set to receive ‘surprise’ £20m cash injection from UK Government

    Paving the Way for Sustainable African Development

    Paving the Way for Sustainable African Development

    England’s Slow-Motion Debt Crisis Rolls Into View

    England’s Slow-Motion Debt Crisis Rolls Into View

    Check in for a greener future at Holiday Inn Express Newcastle | Newcastle Herald

    Check in for a greener future at Holiday Inn Express Newcastle | Newcastle Herald

    Bexhill and Hastings among towns set to receive £20 million of long term investment

    Bexhill and Hastings among towns set to receive £20 million of long term investment

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    Sunrise host Edwina Bartholomew reveals her little-known side hustle with her husband Neil Varcoe

    Chameleone, Bebe Cool too old for music battles, opines Tuff B

    Chameleone, Bebe Cool too old for music battles, opines Tuff B

  • Buying a Home
    Should I rent or buy a home? How to weigh your options – NBC 6 South Florida

    Should I rent or buy a home? How to weigh your options – NBC 6 South Florida

    Consumer Corner: Should I rent or buy a home? – NBC 6 South Florida

    Consumer Corner: Should I rent or buy a home? – NBC 6 South Florida

    How buying a new home can save you capital gains tax on shares, MF

    How buying a new home can save you capital gains tax on shares, MF

    Couple buys UFO-shaped house in DeWitt Township, will document renovations on TikTok

    Couple buys UFO-shaped house in DeWitt Township, will document renovations on TikTok

    Seaside haven votes to ban wealthy Londoners from buying holiday lets amid demands they face TRIPLE council tax…but local firms say they need tourists to survive

    Seaside haven votes to ban wealthy Londoners from buying holiday lets amid demands they face TRIPLE council tax…but local firms say they need tourists to survive

    How to buy a video doorbell

    How to buy a video doorbell

    Patrick Kielty and Cat Deeley buy £5 million home in London next to Harry Styles

    Patrick Kielty and Cat Deeley buy £5 million home in London next to Harry Styles

    Most expensive villages to buy a home in Suffolk revealed

    Most expensive villages to buy a home in Suffolk revealed

    31 Mistakes First-Time Homeowners Will Never Repeat – BuzzFeed

    31 Mistakes First-Time Homeowners Will Never Repeat – BuzzFeed

  • Selling a Home
    You can buy an 8x18ft tiny home on the beach for only $45,500

    You can buy an 8x18ft tiny home on the beach for only $45,500

    Grandma scammed out of nearly $480K after selling family home in fraud scheme

    Grandma scammed out of nearly $480K after selling family home in fraud scheme

    Grandmother scammed out of $750,000

    Grandmother scammed out of $750,000

    Home battery owners earned up to £26 in trial for selling power to the grid

    Home battery owners earned up to £26 in trial for selling power to the grid

    James Packer mansion: Billionaire selling LA home for $132 million – 9News

    James Packer mansion: Billionaire selling LA home for $132 million – 9News

    Liam McCallum family sell up home and take memories of their miracle boy with them

    Liam McCallum family sell up home and take memories of their miracle boy with them

    Texas couple arrested for selling exotic cubs and violating the Big Cat Act, authorities say

    Texas couple arrested for selling exotic cubs and violating the Big Cat Act, authorities say

    Land Bank board members need to show up and do their job

    Land Bank board members need to show up and do their job

    Zoopla is selling an extravagant home in Watford for £650k

    Zoopla is selling an extravagant home in Watford for £650k

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Home Buying a Home

Book pre-purchase inspection before buying property

PrR by PrR
2022-07-14
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The Victorian Building Authority (VBA) is reminding prospective home buyers of the importance of doing their research before committing to a purchase.

While buying a home is one of the biggest purchases Victorians are likely to make, doing so without taking the time to consider the construction aspects of the property you’ve got your eye on could lead to some nasty surprises down the track.

In addition to arranging finance and reviewing contract details, home buyers are encouraged to arrange a pre-purchase inspection with a registered building practitioner who offers the service.

This inspection should review a property from top to bottom, including the roof space, whether the property is in a bushfire-prone area and advise consumers of the merits of having a pest inspection.

State Building Surveyor Andrew Cialini said a pre-purchase inspection can help prospective home buyers learn more about what they are buying and if any defects exist.

“With the purchase of a home being one of the largest purchases in most peoples’ lives a pre-purchase inspection is a valuable investment that can save you from unexpected and costly repairs down the track,” Mr Cialini said.

“Fresh plaster and paint can hide a number of issues, including structural wear and tear, mould and cracks in plaster.

As well as engaging an appropriately trained building surveyor, building inspector or architect, Mr Cialini said purchasers should also undertake their own due diligence.

“Checking the history of a building, specifically if there have been building permits issued for building and renovation work is also highly recommended,” he said.

All new homes, renovations and additions to existing homes are required to comply with the energy efficiency requirements. In Victoria, performance equivalent to a 6-star NatHERS rating has been required since 2011.

A home must also use no more than 5 watts/m2 for fixed lighting and have a rainwater tank for toilet-flushing or a solar hot water system.

Renovations, additions and relocations must perform to a minimum 6-star energy rating for the building fabric, but do not require a rainwater tank or a solar hot water system.

When buying an established home, consumers should consider the benefits of sustainable features that can reduce living costs, make the home more comfortable to live in, reduce greenhouse gas emissions and add to the value of a property.

Visit vba.vic.gov.au/check to make sure the builder doing your pre-purchase inspection is registered.



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