Gina Riley sells home after 10 months

Gina Riley has sold an Armadale home for $650,000 more than she paid 10 months ago

An observer at last Saturday’s auction of the Mercer Road dwelling said bidding intensified after $4.6 million – the reserve.

A $100,000 knock-out bid by an as yet undisclosed identity ended the competition – the price was $5.1m.

Castran Gilbert director Paul Castran was the agent.

Ms Riley, co-creator of Kath & Kim, with television producer husband Rick McKenna spent $4.45m for the property last year.

The performer recently signed a deal to produce a fourth series of the show.

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Marc Pallisco

A former property analyst and print journalist, Marc is the publisher of realestatesource.com.au.

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