A building inspection identifies structural defects and safety concerns within a property. As of December 2025, a comprehensive report is a standard part of the Victorian property selling process, allowing buyers a defined period to assess the condition of the property before committing to purchase.
In Melbourne, particularly within the Eastern Suburbs where many properties are established family homes, common red flags include significant structural issues like cracked foundations or unstable retaining walls. Rising damp, evidence of past or present pest infestations (termites are a particular concern), and electrical faults are also frequently noted. Asbestos, while not always a deal-breaker, requires disclosure and potential remediation. Currently in Melbourne, buyers are increasingly aware of the costs associated with these issues, and a report highlighting them can influence negotiation. Fletchers’ experience shows that transparency is key; attempting to conceal issues discovered during inspection can damage trust and potentially lead to legal complications. The typical inspection period in 2026 is between two and four weeks, allowing time for buyers to obtain quotes for rectification work. Preparation costs for addressing these issues can vary widely, from a few hundred dollars for minor repairs to several thousand for major structural work. We often see buyers factoring these potential costs into their offers.
Understanding potential building inspection issues is crucial for sellers preparing their property for the market, allowing for realistic expectations and a smoother sales process.