The Cost of Termite Damage
Every year 180,000 Australian homes are attacked by termites. This equals an alarming $1.3billion of repair costs each year. CSIRO reported that 32% of homes in Australia had a termite presence. This means that your home has a 1 in 3 chance of being the victim of termite damage. There is also an 80% chance that your home is within 25 metres of a termite colony. These statistics are very unsettling for home owners who have invested a lot of money into buying their dream home.
The main termite species found in most Brisbane suburbs is Shedorhinotermes. These termites will almost always find their way into homes as their main food source is timber.
We take a look at some Brisbane suburbs that are most susceptible to termite damage. We’ve also calculated the average cost of termite damage to give you an idea of what repair costs to expect.
The average cost per house in Balmoral is $845,000 and according to insurance information, the average cost of termite damage to your home can run anywhere from $5,000 – $10, 000 per house.
This means that in Balmoral, a termite attack causing $10,000 worth of damage as well as any treatment costs, can end up costing the property owner around 1.7% of the total cost of their property and with the average yearly income according to the 2011 Census being around $100,288 a termite attack could cost you 15% of your annual income.
The typical Balmoral home is a low set brick veneer home, however there are still many homes around constructed primarily from timber, with timber struts supporting the subfloor. This can mean that particular homes are more vulnerable to a termite attach than others, but do not assume that your home is safe.
Blunder Creek runs along the East side of Forest Lake, creating a moist environment perfect for sustaining a thriving termite population.
The average cost per house in Forest Lake is $370,000. Therefore, a termite attack causing $10,000 worth of damage as well as any treatment costs, can end up costing the property owner around 4% of the total cost of the property and with an average annual income of $37,024 a termite attack could cost you 40.5% of your annual income.
The Toohey Forest Conservation Park is situated to the east of Moorooka, an environment suited to sustaining a thriving termite population and well within an accessible distance to the Moorooka area.
The average cost per house in Moorooka is $515,000. Termite damage can cost the property owner around 3% of the total cost of the property.
Eight Mile Plains
Eight Mile Plains has undergone some fairly significant changes over the years, transforming it from rich farmland to a thriving modern suburb. The housing style, as with many modern suburban areas, is high and low set brick and tile. Even modern houses built on a concrete slab are susceptible to termite attack – through cracks in the slab, mudding up and over the slab or even subterranean entrance through the sub-floor.
The average cost per house in Eight Mile Plains is $620,000. Termite damage can cost the property owner around 2.6% of the total cost of the property. With an annual income of $39,411 a termite attack could cost you 38% of your annual income.
At Cure-All Pest Control, we understand that each home is different and as such, treat each home as a unique job. When it comes to termite control, we ensure we conduct a thorough inspection before we suggest any form of treatment. Part of performing effective termite control is having an intimate knowledge of the different areas in which we will be performing the treatments.