If your property was built in the early 60s up until the late 80s, chances are, asbestos is present in it. Asbestos was widely used as a construction and insulation material before it was banned in 2003. In fact, the Australian government's Asbestos Safety and Eradication Agency reports that one-third of all Australian homes contain asbestos products. Even if your property was built after this period, building materials that have been recycled may still contain asbestos.