Filming for the 2021 season of The Block is well under way in Melbourne.
And as the Nine renovation show prepares to hit screens later this year, a handful of industry professionals have been allowed to view the near-completed properties – and they predict the homes have the potential to break price records.
According to realestate.com.au, there are three reasons why the experts believe this year’s houses will fetch higher prices than in previous years.
Firstly, they are located in a quiet cul-de-sac, meaning the buyers will most likely be families; secondly, there is more land on offer for each property; and thirdly, all of the homes have a ‘pretty cool feature’ that has never been seen on The Block before.
The biggest Block ever! As the new season of The Block prepares to hit screens later this year, a handful of industry professionals have been allowed to view the near-completed properties – and they predict the homes have the potential to break price records. Pictured: host Scott Cam
Buyer’s advocate Emily Wallace, one of the experts who visited the homes, told the website each home was ‘very different’ and tailored for the post-Covid market.
‘There’s plenty of buyers missing out on properties in this sector at the moment, so that demand will likely still be there when The Block houses go under the hammer later in the year,’ Ms Wallace said.
The homes are located in Bronte Court in Hampton, an affluent suburb 14km from Melbourne’s CBD which has been compared to Ramsay Street – the cosy neighbourhood setting of soap opera Neighbours.
They are said to be just two weeks away from completion.
Factors: There are three reasons why the experts believe this year’s houses will fetch higher prices than in previous years. Firstly, they are located in a quiet cul-de-sac, meaning the buyers will most likely be families; secondly, there is more land on offer for each property; and thirdly, all of the homes have a ‘pretty cool feature’ that has never been seen on The Block before. Pictured: Bronte Court in Melbourne’s Hampton, where The Block is currently being filmed
In the past, The Block has renovated homes in a former hotel, an office building and a run-down warehouse.
But the crucial difference this year is that the properties are being targeted specifically at families, rather than couples or investors, meaning they are likely to fetch higher prices on auction day.
‘In previous seasons, there has been a mix of targeted buyers with layouts designed for wealthy downsizing couples, young couples or families,’ Ms Wallace said. ‘But this year each design has been targeted at families.
‘Family homes in Bayside, in particular Hampton, are hot property and The Block houses tick a lot of boxes.’
Beachside: The homes are located in Hampton (pictured), an affluent suburb 14km from Melbourne’s CBD which has been compared to Ramsay Street – the cosy neighbourhood setting of soap opera Neighbours
She added that every reno this year has a ‘pretty cool feature with a twist’ that has never been seen on The Block before, and takes the family homes ‘to a new level’.
While no line-up for the 2021 season has officially been confirmed, it’s been tipped that this year could be a ‘fans vs. faves’ affair, and may include 2019 stars Mitch and Mark and 2017’s Ronnie and Georgia.
Love Island twins Luke and Josh Packham were also pictured filming Western-themed promo shots in Melbourne alongside hosts Scott Cam and Shelley Craft, seemingly confirming their place in March.
New project: Love Island twins Luke and Josh Packham were also pictured filming Western-themed promo shots in Melbourne alongside hosts Scott Cam and Shelley Craft, seemingly confirming their place in March
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