Who Conducts Dilapidation Reports?
- Qualified Experts – Licensed building inspectors craft dilapidation reports. They have the necessary certifications to evaluate and record property conditions.
- Inspector Background – These professionals bring a blend of inspection qualifications and hands-on building experience. They must follow strict industry guidelines.
- Expert Evaluation – Using their knowledge, inspectors pinpoint pre-existing damage and areas possibly impacted by construction.
- In-Depth Review – Inspectors perform extensive visual checks, documenting findings with photos and precise notes. This forms a property’s documented baseline before construction.
- Service Reach – Owner Inspections offers these services in New South Wales, Victoria, and Queensland, with certified inspectors adept in thorough property assessments.
Geelong’s Construction Boom: Risks to Homeowners and Developers
The City of Greater Geelong has experienced variable construction trends recently, as evidenced in the June 2023 quarter. While there has been a contraction in domestic building activities, non-domestic construction has shown volatility with a significant uptick in permits issued.
Homeowners and developers face risks from this fluctuating construction landscape. For homeowners, the decreased domestic construction may signal a potential decrease in property values or demand. Developers, while benefiting from the rise in non-domestic permits, may encounter increased competition and associated risks.
The latest building activity data in Geelong shows a downturn in domestic construction, with a 12.6% quarterly and a 28.3% annual decline in permits. New dwelling approvals also fell by 22.9% from the previous quarter. In stark contrast, non-domestic construction permits rose by 61.3% quarter-on-quarter, though the annual value figures indicate a downturn. Overall, the 2022-23 data reflect a shrinking in both sectors in terms of permits and value, indicating significant shifts in the region’s construction industry.
Shielding Assets with Dilapidation Reports
Preventive Measures: Dilapidation reports function as a proactive strategy to sidestep expensive legal disputes. By providing an official record of a property’s condition prior to construction, these reports can significantly reduce the likelihood of litigation arising from damage claims.
Dispute Resolution: In the event of disagreements over property conditions, dilapidation reports offer a neutral benchmark that can facilitate amicable solutions. They are often pivotal in discussions, helping to resolve conflicts fairly and efficiently.
Documentation as Defense: When disputes escalate, a thorough dilapidation report can be indispensable as evidence. It supports property owners by documenting the pre-existing state of their property, thereby safeguarding against unfounded accusations of construction-related damage.