Securing your dream property in Melbourne is an exciting journey, but before you get the keys, there's one crucial step remaining: the pre settlement inspection list. This final check is your last opportunity to ensure everything aligns with your expectations and the contract terms. Here's your comprehensive guide to conducting a thorough pre settlement inspection in Melbourne's dynamic property market.
Why Your Pre Settlement Inspection List Matters
Unlike building and pest inspections, a pre settlement inspection list focuses specifically on verifying that the property's condition matches what was agreed upon during the contract exchange. This becomes particularly important in Melbourne's property market, where settlement periods can stretch several weeks, during which the property's condition might change.
Timing Is Everything: When to Schedule Your Inspection
While Victorian law allows for inspections up to seven days before settlement, property experts recommend scheduling yours 2-3 days prior. This timing sweet spot ensures you're viewing the property in its near-final condition while leaving enough time to address any issues. For instance, if you discover a problem during a Tuesday inspection before a Friday settlement, you'll have adequate time to negotiate solutions.
Your Comprehensive Pre Settlement Inspection List
Structural and Cosmetic Condition
Start with a thorough examination of the property's physical state, comparing it to your initial inspection photos:
- Walls, floors, and ceilings for new damage
- Windows and doors for proper operation
- External surfaces, particularly important in Melbourne's variable weather
- Special attention to areas where Melbourne's rainy winters might impact, such as window seals and roof lines
Fixtures and Fittings
Cross-reference every item listed in your contract:
- Light fittings and switches
- Window furnishings (curtains and blinds)
- Built-in appliances
- Storage solutions (wardrobes, kitchen cabinets)
- Garage door remotes and security systems
Essential Systems Testing
Plumbing and Drainage:
- Test all taps, showers, and toilets
- Check water pressure
- Inspect for leaks, particularly crucial in older Melbourne suburbs like Fitzroy and Carlton
- Verify hot water system operation
Electrical Systems:
- Test every power point
- Check all light switches
- Verify smoke detector operation (required by Victorian law)
- Test intercoms and security systems
Climate Control:
- Run heating and cooling systems through complete cycles
- Check for unusual noises or performance issues
- Verify even distribution of air throughout the property
External Areas
Garden and Outdoor Spaces:
- Verify lawn and garden condition
- Check irrigation systems
- Inspect retaining walls
- Confirm pool/spa fencing meets Victorian safety standards
- Examine outdoor structures (sheds, pergolas)
Addressing Inspection Findings
Minor Issues
If you discover small problems like scuffed walls or sticky doors, document them thoroughly. In Melbourne's competitive market, vendors often prefer offering financial compensation rather than delaying settlement for repairs.
Major Concerns
For significant issues like structural problems or missing inclusions:
- Immediately notify your conveyancer
- Document everything with photos and notes
- Consider requesting settlement delay if necessary
- Never withhold funds independently (this breaches Victorian property laws)
Professional Tips for a Successful Inspection
- Bring Support: Attend personally if possible, accompanied by your real estate agent or a trusted witness. Having multiple sets of eyes helps catch details you might miss.
- Document Everything: Take timestamped photos and detailed notes. This evidence becomes crucial if negotiations are needed.
- Check Special Conditions: Review your contract's special conditions carefully, ensuring all agreed repairs or modifications have been completed.
- Trust Your Instincts: If something seems off, even in areas not listed here, investigate further. It's better to raise concerns before settlement than deal with issues afterwards.
Taking Action on Your Findings
- Document all problems with photos and detailed notes
- Communicate concerns to your conveyancer immediately
- Allow professionals to handle negotiations
- Get all agreements in writing before proceeding with settlement
Securing Your Investment
A thorough pre settlement inspection list protects your investment and ensures a smooth transition into your new Melbourne home. While this checklist covers the essentials, every property is unique, and having professional support can make all the difference.
Need expert guidance for your pre settlement inspection? Pearson Chambers Conveyancing specialises in Melbourne property transactions and offers:
- Free Section 32 contract reviews
- Professional pre settlement inspection advice
- Expert negotiation support
- Local knowledge of Melbourne's property market
Contact us today to ensure your property purchase proceeds smoothly:
Call: 03 9969 2405
Email: contact@pearsonchambers.com.au