House Rules' Candy and Ryan secure $190,000 Emu Plains sale flip success
The recent House Rules contestants Ryan Pusic and former partner Candy Stuart secured a bullish $590,000 when they sold the Emu Plains house they renovated on the hit Channel 7 show.
It represented a $190,000 subsidised flip success.
Selling agent Paul Wallace at Property Central Penrith told Property Observer that he had issued 15 contracts pre-auction.
There were eight registered bidders with around four getting in a bid at the weekend auction.
45 Gough Street had been listed with $499,950 plus price guidance for its August 30 on site auction which was attended by a crowd of 250, including the two vendors.
Ryan Pusic said it closed a chapter in the now separated couple’s lives.
He plans to stay in the Penrith region.
Since the show ended, the entire house had been rendered along with a fresh paint job.
The property is on a 626 square metre block.
Above: Candy and Ryan's unrenovated home in 2013.
Candy and Ryan purchased the home for $400,000 in August 2013.
The suburb, according to RP Data, comes with a median house price of $471,000, up from $437,000 when the couple made their purchase.
The neighbouring four bedroom 1970s house fetched $500,000, in the street's most recent comparable in 2012, then put up for rent at $530 a week.
Property Observer understands that contestant couples are contracted not to immediately sell their renovated home post-production, other than in circumstances deemed appropriate by Channel 7.
