Darren Palmer

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<p>A North Bondi apartment transformed by interior ­designer Darren Palmer, the longtime judge on Channel 9 series The Block, has ­returned to the market. </p>
<div>His design cache is still the major selling point, despite the three-bedroom, two-­bathroom apartment being offloaded by the celebrity ­designer and his husband, skincare connoisseur Olivier Duvillard, some five years ago.</div>
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<div>It was a flip for the couple, who had paid $732,500 in 2011 and went about renovating the old-fashioned unit.</div>
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<div>They made around $200,000 on the apartment on selling for $1,020,000 in 2013 to floral designer Chris Kerger.</div>
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<div>Since then apartment prices in the popular beachside ­locality have certainly blossomed.</div>
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<div>With no obvious changes in the latest listing photos from when it sold five years ago, the apartment now comes with ­expectations of $1.6 million following its first open for ­inspection yesterday.</div>
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<div>The three-bedroom median unit price is around $2.1 million, according to CoreLogic.</div>
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<div>Channelling Hamptons influences with an Australian coastal palette, the<a href="https://www.realestate.com.au/property-apartment-nsw-bondi+beach-127534270" target="_blank"> top-floor art deco apartment</a> sits 400m from the beach on Hastings Pde. </div>
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<div>There’s a Parisi-appointed travertine bathroom and ensuite, as well as a sleek Corian gas kitchen in the 95sqm space.</div>
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<div>It is scheduled for a March 6 auction, and 1st City Double Bay listing agent Sean Jacobson is again marketing the property.</div>
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<div>“Why would you want to change anything done by Darren,” Jacobson says.</div>
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<div><img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2018/2/13/PALMER3.jpg" alt=""></div>
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<div>Palmer and Duvillard sold the North Bondi apartment to move to Edgecliff, where they did up a 1920s three-bedroom home.</div>
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<div>The couple then headed back to Bondi two years later, paying $2.98 million for a classic Californian bungalow on 475sqm.</div>
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<div>Palmer has kept a minimal approach throughout their current home, with lots of white and exposed brick walls.</div>
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<div>The five-bedroom, four-bathroom house is also home to their four dogs — Brutus, Razzy, Rule and Pips.</div>
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<div>Palmer grew up in Gladstone, six hours north of Brisbane, moving at the age of 17 to Rockhampton to study fine art and design.<span style="font-family: Arial, Helvetica, sans-serif; font-size: 14px;"><br></span>
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<div>This article was first published in the Sunday Telegraph.</div>
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jonathanchancellor-7SQnKwU6yx

Darren Palmer transformed Bondi apartment for sale

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<p>Just ahead of his judging appearances on another chilly Melbourne-based series of The Block, the interior designer Darren Palmer has skited of his recent Sydney home sales' success.</p>
<p>He boasted he and his partner, Olivier Duvillard made a profit of $450,000 on the Edgecliff home which cost them $1.35 million in 2013. It sold in November for $2.1 million through Pauline Goodyer of Goodyer Real Estate inconjunction with David Malouf at LJ Hooker Double Bay.</p>
<p>It sold to a young couple who fancied the walk-in, do nothing designer offering. </p>
<p>Palmer estimated the two level Federation property had increased $150,000 due to the rising market.</p>
<p>"Not a bad increase by anyone’s standards but it wasn’t going to be enough equity for us to substantially trade up into a bigger house in a better location."</p>
<p>Dubbing it a "tidy renovation," he said he needed several hundred thousand to improve it, and then desired several hundred thousand more as profit to roll into their new property purchase at Bondi.</p>
<p>"With a $250,000 renovation I was able to achieve a $2.1 million sale price."</p>
<p>The sale yielded a profit of $450,000 after holding costs and commissions were paid. The home had three bedrooms, attractive original fireplaces and a Travertine tiled terrace with built-in barbecue. </p>
<p>"The difference of $200,000 extra allowed me to climb another few rungs higher on the property ladder."</p>
<p>Pity The Block won’t always point you towards a profit.</p>
<p>Only last weekend a small loss came after a resale from the Blocktagon series.</p>
<p>The apartment renovated by Caro and Kingi fecthed $1.722 million which was $13,000 less than its $1.735 million price as last November’s televised auction when bought by the Mater Prize Home lottery who raffled it off to someone who didn't want it.</p>
<p>One of the biggest losses in its 13 year history came in the resale of a Bondi Beach offering. The two-bedroom Roscoe Street, decorated by Amity Dry and Phil Rankine, that had sold at $655,000 in the first 2003 series fetched $550,000, when resold by Fairfax Media two years later. </p>
<p>The next Block 2016 is currently being shot and will air after the Summer Olympics set in another chilly inner Melbourne suburb.</p>
<p>It is a 1920s Art Deco block at Port Melbourne.</p>
<p>Five couples will battle it out to transform the derelict interior, but no-one from NSW.</p>
<p>“This series has gotten off to a cracking start – one of our best yet," said host Scott Cam.</p>
<p>“It’s a magnificent building rich in history, and will hopefully make a few more couples rich too.”</p>
<p>In May, The Block won its fourth TV Week Logie Award for Most Popular Reality program. The show has distributed an astronomical cash total of $14,640,501 to its contestants since premiering on Channel 9 in 2003.</p>
<p>Scott Cam will again be joined by co-host Shelley Craft, judges Neale Whitaker,Shaynna Blaze and Palmer, along with “The Blockinator”, foreman Keith Schleiger, and his right-hand man, Dan Reilly. </p>
<p>This article was first published in the Saturday Daily Telegraph.</p>
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Darren Palmer

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