Five houses in Hampton East snapped up for $14.3 million

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Reality home renovation TV show The Block looks likely to return to Melbourne’s Bayside area next year after its production company snapped up five houses in Charming Street, Hampton East.

The homes, all fixer-uppers at 14, 16, 18, 20 and 22 Charming Street, sold to MicJoy Pty Ltd, public records show, in an off-market deal worth a total of $14.3 million earlier this year.

22 Charming Street was snapped up by the producers of The Block.

22 Charming Street was snapped up by the producers of The Block.

Number 20 Charming Street received the highest price, selling for $3.5 million in July, while number 14 sold for $3 million, number 16 for $2.3 million, and numbers 18 and 22 for $2.75 million about the same time.

The homes are expected to be used on The Block 2023 airing on Nine, owner of The Age and The Sydney Morning Herald.

Next year’s season could be different to this year’s, in which contestants spent months renovating homes in the tree-change suburb of Gisborne South.

Agents who had heard of the sale, but could not be named because the deal was confidential, said it was a high price for property in that part of the suburb, known as the more affordable brother to Hampton.

Buyer’s advocate Frank Valentic, who has represented buyers on The Block, said the production company had paid a lot more than the median house price for the suburb, which was $1,462,500 in the June quarter, Domain data showed.

It was even higher than the median house price in Hampton of $2,325,000.



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