Building Inspection Watsons Bay
Buying a property in Watsons Bay
At Clear View Property Inspections, we understand the importance of a thorough and reliable property inspection in Watsons Bay. With years of experience in the field, our team of highly qualified inspectors is dedicated to providing you with the most accurate and comprehensive assessment of your property. We pride ourselves on our attention to detail and commitment to delivering exceptional service in the Eastern Suburbs and Watsons Bay surrounds.
Watsons Bay has always been very popular with one of Sydney’s best beaches, close to CBD, restaurants and cafes. Common building inspection issues in Watsons Bay, Sydney, NSW include structural defects such as cracks in walls or foundations, water damage and leaks, electrical issues such as faulty wiring or inadequate grounding, plumbing problems like leaks or drainage issues, and pest infestations. By identifying these issues during our inspections, we aim to ensure that you are aware of any potential risks or costs associated with the property. Call us on 02 8329 7997 today for an instant quote.
Watsons Bay Building Inspection Services
In a rush? Send through an urgent building inspection request here. Several types of building inspections are commonly conducted in the suburb of Watsons Bay:
Pre-Purchase Building Inspection
This inspection is done before a property is purchased. It identifies any existing or potential issues that might not be visible to the untrained eye, such as structural defects, pest infestations, and moisture-related problems.
Pre-Sale Building Inspection
Like a pre-purchase inspection, property sellers conduct this inspection to address issues before listing their property for sale, ensuring transparency and potentially enhancing its marketability.
New Construction Inspection
These inspections occur during construction to monitor compliance with building codes and standards, ensuring that the property is built safely and to a satisfactory standard.
Dilapidation Inspection
This type of inspection is often carried out before construction or development occurs on adjacent properties to assess and document the condition of neighbouring properties. It helps prevent disputes by providing a baseline for any potential damage claims.
Surrounded by a variety of homes, old and new, it truly is a dream area to live in! The biggest issue we have identified is the older properties, whether renovated or not have fundamental issues. This is limited subfloor access, poor ventilation, dampness, poor site drainage and termite issues.
Watsons Bay is an affluent and picturesque suburb located in the eastern suburbs of Sydney, New South Wales, Australia. Here are some details about the demographics, social, and economic factors of Watsons Bay:
Overall, Watsons Bay is a desirable and affluent suburb with a strong sense of community and a focus on lifestyle and leisure. Its picturesque location, proximity to the city, and high-quality amenities make it an attractive place to live or visit, albeit with a high cost of living.
There are also many opportunities for buying older-style properties and doing renovations. We can help identify key opportunities and ensure you do not buy a money pit. Many apartments are quite old and require lots of ongoing maintenance; keep that in mind when considering an apartment. When considering a renovation, keep in mind the busy streets and lack of parking as these will be big hurdles to overcome. Trades need parking, and materials and bins must be delivered and picked up regularly. Costs can blow out quite quickly. Request a consultation from your building inspector. Contact us.
At Clear View Property Inspections, we will provide you with a detailed building inspection with an easy-to-read report which will identify all major and minor defects. We will use the latest technology equipment like our equipment below. Termatrac T3i (identify termites in-between walls with the latest sound waves technology). Request a consultation from your building inspector. Contact us.
Clear View Property Inspections are fully licensed Builders and Fully licensed and experienced pest management technicians meaning we can also help with trades and estimates on repairs plus treatment of active termites and prevention services to keep your home safe. Request a consultation from your building inspector. Contact us.
Building Inspection Watson Bay
Request a consultation from your building inspector. Contact us. Our Watsons Bay building inspection service customers:
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First time home buyers
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Experienced property owners
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Property investors
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Commercial buyers
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Builders and contractors
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Body corporates
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Building managers
At Clear View, we offer peace of mind with our Watsons Bay building inspection services. We can do it all with a friendly smile. We are the most trustworthy building inspection company in Watsons Bay.
Watson Bay Building Inspection Services
Request a consultation from your building inspector. Contact us. Our Watsons Bay building inspection services include:
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Pre-Purchase Building Inspections
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Pest and Termite Inspections
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Pool Barrier Certifications
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New Build Inspections
We’re independent of the buying and selling process or building process which means we offer a true third-party inspection to ensure your home is safe and that you’re getting exactly what you’re paying for – nothing less.
Watsons Bay Building Inspection Market Report
Watson’s Bay has, over the last couple of decades, been seen by a portion of the mainstream market as a suburb that is too distant from the city. In recent times, water taxis, improved ferry services and private jetty pickups have increased the suburb’s accessibility. The top four sales in the last 10 years involved only two families (the Vidor and Blank families). 2 Pacific Street was sold by Alan Vidor (Toga / Medina) in 2009 for $16.4M. One year previously Vidor purchased two adjacent properties, 20 & 22 Pacific Street, for $24.9M from Peter Gell, who had owned the property for his entire life, and Mark Schwarzer, Australia’s most famous international Soccer player. Vidor went on to build one of the two best properties in Watsons Bay, enjoying large waterfront land, jetty, modern design & Harbour Bridge views. Vidor claims they will live there forever. 4 Pacific Street was sold by Vaughan Blank in 2008 for $22.5M so he was free to buy 23 Victoria Street for $28.1M (The Grace family’s deceased estate). On this landholding, he built one of the most significant homes in Sydney. Alan Vidor was in fact the underbidder on this sale. When he missed out he pursued the 20 & 22 Pacific Street site where he resides today. Request a consultation from your building inspector. Contact us.
Watsons Bay Property Inspection
Watsons Bay is a highly sought-after location in Sydney’s Eastern Suburbs, with the real estate market seeing significant growth and development. Property prices are among the highest in Sydney, reflecting the exclusive location and lifestyle of the suburb. As of 2021, the median house price is $5.5 million, and the median unit price is $2.2 million according to realestate.com.au – showing a 70% increase since 2015.
Supply and Demand
The demand for property in Watsons Bay continues to outstrip supply, particularly for houses and larger properties with water views. This has resulted in a competitive market with high demand levels and limited available stock, which has driven up prices.
Luxury Properties
Watsons Bay is home to several luxury properties, including waterfront mansions and historic homes. These properties command high prices due to their desirability among affluent individuals and international buyers.
Development Activity
There has been recent development of new luxury apartments and townhouses in Watsons Bay, targeting the high-end market and contributing to overall real estate growth.
Rental Market
The rental market in Watsons Bay is strong, with high demand for properties and low vacancy rates. As of 2021, the median weekly rent for a house is $2,200, while for a unit it’s $975.
Request a consultation from your building inspector. Contact us.
Latest update
Last month Watsons Bay had 0 properties available for rent and 0 properties for sale. Median sold prices over the last year are $6,500,000 for houses. Based on five years of sales, Watsons Bay has seen a compound growth rate of 39.0% for houses. Clear View Property inspections can help you with your next building inspection and report.