Scott Cam’s Gisborne Home Finally Sells
Scott Cam's historic Gisborne property from The Block's 2022 season has sold for $3.75 million, marking the lowest sale among that season's renovated homes. The 1866-built Victorian property, featuring five bedrooms and four bathrooms, initially listed between $4.1-$4.3 million before being relisted in late 2024 at $3.8-$3.9 million. The final price sits significantly below other Block properties from the same season, including Omar and Oz's house which achieved $5.67 million. This heritage home, complete with bluestone features, a five-car garage, and landscaped gardens, offers insights into the broader market challenges facing premium regional properties.
Highlights
- Scott Cam's historic Gisborne property sold for $3.75 million, below its initial asking price of $4.1-$4.3 million.
- The 1866 Victorian home features five bedrooms, four bathrooms, and modern amenities including a gourmet kitchen and five-car garage.
- The sale price was the lowest among The Block's 2022 season properties, significantly under Omar and Oz's $5.67 million sale.
- The property was relisted in late 2024 at $3.8-$3.9 million before securing its final sale price.
- The historic bluestone cottage maintains its colonial charm while incorporating luxury modern updates and landscaped gardens with pool.
The Sale's Final Numbers
The long-awaited sale of Scott Cam's Gisborne property has concluded with a final price tag of $3.75 million, marking the lowest sale figure among The Block's 2022 season properties.
The sale analysis reveals a significant adjustment from the initial asking price of $4.1-$4.3 million, highlighting the challenging market conditions faced by luxury properties in the region.
The pricing strategy underwent several revisions, with the property being relisted in late 2024 at a reduced range of $3.8-$3.9 million to attract potential buyers.
This final sale price stands in stark contrast to other properties from the same season, particularly Omar and Oz's house, which achieved $5.67 million.
The outcome reflects broader market trends affecting high-end real estate sales in the area.
Property's Standout Features
Boasting an impressive blend of historic charm and modern luxury, Scott Cam's Gisborne property showcases several distinctive features that set it apart from typical residential offerings.
The 1866-built residence combines luxury amenities with outdoor features across its expansive 4-hectare estate.
The property's key highlights include:
- Five spacious bedrooms and four bathrooms, anchored by open-plan living areas with a central fireplace
- A gourmet kitchen complemented by a substantial five-car garage with an attached workshop
- An expertly designed in-ground pool surrounded by landscaped gardens
The renovation maintained the home's historical character while incorporating contemporary elements throughout.
The combination of preserved 19th-century architecture and modern additions creates a sophisticated retreat that balances heritage appeal with present-day comfort and functionality.
History Behind The Home
Dating back to 1866, Scott Cam's Gisborne property carries a rich historical legacy spanning more than 150 years. The heritage significance of the original cottage reflects the architectural style common during Victoria's gold rush era, featuring classic colonial design elements and local bluestone construction.
Time Period | Historical Milestone |
---|---|
1866 | Original cottage constructed |
1920s | Property operated as farmland |
2022 | Channel 9 acquisition and subdivision |
2024 | Final sale after renovation |
Heritage architect Dr. James Morton notes, "The property represents a significant example of 19th-century rural Victorian architecture, with its preservation maintaining important historical connections to the region's agricultural past." Channel 9's renovation project carefully balanced modern amenities with the home's original character, ensuring its historical elements remained intact while adapting to contemporary living standards.
Market Comparison With Other Blocks
Compared to other properties from The Block's 2022 season, Scott Cam's Gisborne home achieved a particularly lower final sale price at $3.75 million.
The block auctions revealed significant price variations across properties, with Omar and Oz's house setting the highest mark at $5.67 million.
Market trends showed mixed results for the 2022 season properties:
- Tom and Jane's home secured $4.1 million at auction
- Rachel and Ryan's property achieved $4.25 million
- Ankur and Sharon's house sold post-auction for $4.25 million
The final selling price of Cam's property fell considerably below its original asking range of $4.1-4.3 million, reflecting broader market challenges.
Even after relisting at a reduced price of $3.8-3.9 million, the property ultimately sold below these adjusted expectations.
What This Means For Daylesford
The lower-than-expected sale price of Scott Cam's Gisborne property raises important considerations for The Block's upcoming Daylesford season.
With Channel 9's significant $9.4 million investment in Daylesford farmland, producers must carefully evaluate renovation expectations and market dynamics.
Property analyst James Thompson notes, "The Daylesford market presents unique challenges and opportunities. While the region's tourism appeal adds value, contestants must balance luxury features with practical market constraints."
The impact of renovation decisions will be vital, as evidenced by the varied success rates of previous seasons.
Channel 9's production team is reportedly adjusting budgets and design requirements based on lessons learned from Gisborne, focusing on creating homes that align more closely with local market demands and buyer expectations in the Daylesford region.