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The Block judge Darren Palmer is staring down the barrel of a $1m loss.
The Suffolk Park offering Pompano House, listed by Darren Palmer of The Block and his husband Olivier Duvillard, seems set for a bigger loss.
After costing $3.85 million in the pandemic-induced 2021 regional property boom, it came with initial $3.1 million to $3.3 million guidance in a “quiet listing” through Byron Bay First National agent Jane Johnston.
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Darren Palmer has reduced the asking price of his property at Byron Bay. Picture: realestate.com.au
The guidance was then tweaked to $2.95 million to $3.245 million.
Now it comes with $2.55 million to $2.8 million guidance through Johnston.
It is held through DPTM Holdings.
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The chic, four-bedroom Beachside Drive home, which rents at $1500 a night peak season, is just 100m from Tallow Beach.
Complete with saltwater pool – now overlooked by a timber entertaining space – the two-level home sits on 720sq m of tropical gardens.
It backs on to bushland, with a path to the beach from the back gate.
The couple have also yet to sell their Bondi Beach home, which came with initial $9.5 million hopes in August. Its last known guidance was $8.5 million.
Interior designer Palmer collaborated with architect John Deuchrass and construction company Taste Living in 2022 to rebuild much of the existing house.
Palmer’s first TV gig came in 2009, the year before he met his husband, who works in the cosmetics industry.
