Expert tips The Block’s most expensive house – but says he wouldn’t be buying

This article first appeared on Property Observer, Australia’s top site for property investment news and advice.

The projected priciest offering of the four houses on The Block is 37 Cameron Street, renovated by the hometown couple Jenna and Josh, according to James Buyer Advocates. All four properties go to auction this weekend.

37 Cameron Street (Jenna & Josh)

The buyers’ agency deemed 41 Cameron Street a close second – the one renovated by sisters Katrina and Amie, who chose ’s Glen Coutinho to sell the house.

The key attribute of the likely top seller is its double-fronted façade. Ruth Roberts of Woodards is quoting the three-bedroom residence at $900,000 to $990,000. Jenna and Josh won the right to choose which of the four houses they wished to renovate.

41 Cameron Street (Katrina & Amie)

The ratings difference between the two was 615 out of 1000 and 595 out of 1000 under the James Buyers Advocates rankings system.

Biggin & Scott sales director Russell Cambridge has marketed the listing for Polly and Waz’s house at 39 Cameron Street, which has a 535 rating.

The lowest ranking of 502 was given to 43 Cameron Street, where Clayton Smith of represents the contestants Tania and Rod.

39 Cameron Street (Polly & Waz)

“As a bit of fun we rated all The Block properties,” James Buyer Advocates principal Mal James says.

“While all contestants had done some great things, we are not sure we would put any on our shopping list.

“The internals may excite but the externals of no car parking, industrial street and commercial neighbours do not,” James says.

43 Cameron Street (Rod & Tania)

James Home Ratings examines pieces of information about a home and matches them against established buying criteria.

A rating below 550 means the “has issues.” Between 550 and 650 is at the low end of average. Between 650 and 700 is at the high end of average. Between 700 and 800 is well above average. Between 800 and 850 is the best of its type, and above 850 is a rare gem.

“Nobody can predict with complete certainty the behaviour of each individual buyer or seller in a property exchange – however, it is possible to predict with a high level of certainty how large groups of human beings will react to a home.

“That is, there are a body of facts or truths when systematically analysed that show the operation of general laws with regards to home exchange,” James suggests.

The winner of The Block will be determined by the sale price above its undisclosed reserve, which means all four contestant couples have a chance no matter what rankings buyers agents give their renovated houses.

Channel Nine – THE BLOCK Auction Postscript
Congratulations to Channel Nine and The Block producers and selling agents for keeping it real. They could have made the whole auction night a charade but they didn’t – this is how Melbourne Auctions are right now for B and C grade properties – they are a very difficult sell and that was evidenced with 3 from 4 passing in.

We loved what the contestants did inside, but there was no way we could have bought any of them for investors or OYO’ers with the major negative issues they had outside the wonderful renovations – poor street, industrial neighbors, no car parking. These were mortal blows to the contestants before they even started – position is so important.

Well done to all who participated – it was true reality TV. Our ratings are still up for the Cameron St Richmond properties if you want to Google them. Also, well done to Biggin & Scott and Jellis Craig for their substantial donations to worthy charities.

Email This Article to a Friend Email This Article to a Friend

Tags: , , , , ,

What is really happening!

What is really happening!

17th September 2016

Dowload the Young Home Buyers' Guide Contact us
James Home Ratings Why use us? The Learning Fees - We all pay, it's a question of how much?
Late 2015 – Balwyn Calling – International Asian Demand showing the real signs of easing!


Special Edition – James International Demand Report for Inner Melbourne $M+ housing Today we have ditched our across Melbourne auction coverage...

Read the full article
Shock Horror Scandal – Actually It’s Why  James?



Read the full article
Test for Ads


Bidderman (bidders per auction) has definitely shifted in the market overall. Bidderman has been firmly in the low 2’s for a few weeks, down fr...

Read the full article
Understand the effect “Chinese Buyers” have on your market and learn strategies to deal with it


    The Chinese Phenomenon – Case Studies References: 1) Here is a link to a sample of 500 (Five hundred) homes we have bought recently ...

Read the full article
Winter 2015 Land Guides


At James Buyer Advocates we update our land guides in each Suburb precinct and often streets as new information comes in (usually weekly as we are va...

Read the full article
Easter 2015 James Land Value Guides for Inner Melbourne


Easter Land Guides G’day and welcome to our special James Report on the changing of Melbourne’s land values in early 2015 (updated from a...

Read the full article


Media Release OVERSEAS PROPERTY BUYERS CREATING ‘SEISMIC’ CHANGES A Federal Government proposal to charge foreign buyers application fees each ti...

Read the full article
Walking The Walk


So the talk is over, now its time to walk to the walk. For 20 minutes a week over the last 7 weeks of this series you have been given the keys to a h...

Read the full article

Inside James Market News