Each week Hot Property will follow the fortunes of buyers, sellers and renovators around the country who are negotiating the challenges of the real estate game to make their dreams come true.
“Hot Property looks at the highs and lows, the elation, the success and the disappointment of the real estate game,” says Caton.
Aussies love their real estate and the dramas associated with buying and selling by auction. In Hot Property’s new series we meet nervous vendors and buyers, and watch the market dictate the real price of real estate. Packed with up-to-date market info, Hot Property is a must-watch for home buyers, sellers and property lovers.
The series starts in Victoria, where we meet Dinesh Rodrigo who is helping his dad sell the family home at auction after losing his mum to cancer last year. Dinesh and the agent, Michael Choi, are running an unusual and risky campaign. They set the reserve for the newly renovated home in Rowville at $350,000 despite the fact it’s worth a lot more. The idea is to generate a lot of interest in the property and get people along to the auction.
In Caringbah in Sydney, Vanessa and Paul and baby Zach want to expand their living space, and their family. With cupboards bursting open, the first step is to sell the home they bought five years ago. And in order to save up for a bigger property, they decide to move in with Vanessa’s parents who live just down the road. It’s going to be a tight squeeze, but they still need to sell on auction day to make their plan a reality.