NAB valued Dave Hughes Elsternwick Block purchase at less than $3.067 million sale price

NAB valued Dave Hughes Elsternwick Block purchase at less than $3.067 million sale price
NAB valued Dave Hughes Elsternwick Block purchase at less than $3.067 million sale price

The popular comedian Dave Hughes has revealed his home loan bankers had valued his five-bedroom home on The Block Elsternwick at “much less” than his purchase price.

“I went to get a bank loan the other day and they haven’t valued it the same as I paid for it, which is fine, but annoying because there were five bidders,” he told Stellar magazine in the Sunday News Ltd weekend papers.

He said it was “enough less that it made me annoyed”.

“For f*ck’s sake ... I just think it’s good value and in a few years’ time people are going to be going, ‘Well, f*ck, didn’t he do well with it!’ I am playing the long game, all right? That is what I say to my wife, anyway.”

‘It’s a bargain!’ ... Hughesy suggested after he bought the renovation that had been undertaken by Josh and Elyse.

The final price for the property at 46A Regent Street was $3.067 million.

Property Observer gathers his bank was the NAB.

When Hughes told his wife Holly that he wanted to buy the Regent Street house, she had one rule: keep it private.

She advised in the article that she wasn’t impressed when she saw her husband on the TV screen during the show’s Sunday night finale when the show’s host Scott Cam announced the popular comedian was the proud buyer.

Last week Hughes advised it hadn't been easy to rent.

Jonathan Chancellor

Jonathan Chancellor

Jonathan Chancellor is one of Australia's most respected property journalists, having been at the top of the game since the early 1980s. Jonathan co-founded the property industry website Property Observer and has written for national and international publications.

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