The Renovators

LatestS1 • E66 - The Finale - Auction Night

Auction day arrived, with the Top 6 holding their collective breath as the auctions got underway. First up was The Weatherboard House, with Mel and the rest of the Green Team watching anxiously. The poor state of the property market was immediately apparent, with bidding getting off to a worryingly slow start. With the price creeping up steadily, however, The Weatherboard managed to reach $575,000, a profit of $1145. Next up was The Shop, with August pained to see his pride and joy fail to make a profit as the hammer fell at $700,000. Peter and Natalia were given equally little to celebrate, with The Half-Done House going for $770,000 and The Sixties Suburban for $730,000, some way short of their respective profit points. Thankfully it was a different story for Luke and The Inner-City Terrace, which enjoyed by far the best action of the night up to then by selling for $925,000 – a tidy $25,732 profit. The stage was set for a battle of David and Goliath, with the only house that could topple the competition’s biggest being its smallest. Incredibly The Fibro Cottage exceeded expectations, reaching $440,000 and a profit of $68,012, winning Michael the crown of Australia’s best renovator and $100,000 in prize money.

1h · 12 Oct 2011