Former Blockhead Kristy Lee Akers has revealed her concern that The Block 2022 homes will not sell at auction.
But now, fears that the “cooling” market and ambitious reserve prices could be this year’s downfall.
Kristy – who appeared in the 2021 season with husband Jesse Anderson – profited big time from her turn on the show (raking in a cool $301,523).
In an interview with Woman’s Day, the former reality star said she had a “really bad feeling” about this year’s auction.
“Interest rates have shot up, and the market has cooled, plus everyone is saying these homes will sell for $5 million, but some of the better homes recently sold in that area [the Macedon Ranges in Victoria] only made about $2 million,” she said.
“That’s a huge price difference.”
While we’ve typically seen all houses sell during the series finales, the New Zealand iteration has seen houses fail in the past, which Kristy believes is a sign that they’re not guaranteed to sell.
“I hope I eat my words, but I’m really worried for them all,” Kirsty told the outlet.
What Is the Price Guide for The Block Australia 2022?
Back in early September, The Block Australia 2022 house guide was released, with the five houses setting a record for the Gisborne region.
Sitting between $4 million and $4.4 million, the renovated homes are four times the value of the average home in the area, with a median house price of $1.1 million.
On top of this, the groundbreaking price guide is also the highest ever seen in The Block‘s 19-year history and will likely raise the cost of other houses in the already growing region, too.
Whether they sell on November 5 (with the episode airing on November 6) is another question!
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