“Location, Location, Location” will be back on screens in 2023, with Network 10 announcing it will revive the franchise.

The show screened on Foxtel’s LifeStyle channel from 2012 to 2014.

The Network said given the state of the property market, the show was sure to bring drama.

“From auction houses to estate agencies, websites to word-of-mouth, the team from “Location, Location, Location” will scour markets all over Australia for the perfect property,” Network 10’s parent company Paramount ANZ said at its Upfronts event.

“With interest rates rising in the real estate market and pulse rates rising for both nervous sellers and anxious buyers, every property auction is an emotional mini-drama, and “Location, Location, Location” will be there to catch all the highs and lows.”

Daniel Monaghan, senior VP of content and programming at Paramount ANZ, said he is thrilled to be bringing the format back, this time for free-to-air audiences.

“This series will be shot in Melbourne and Sydney, where property is highly sought after, and we can’t wait to help everyday Australians find their next home, tree change, sea change and more,” he added.

The series will be produced by Endemol Shine Australia.

CEO Peter Newman said: “We’re immensely proud and excited to see “Location, Location, Location” on 10 in 2023.

“The show has a wonderful heritage in Australia and overseas, and we look forward to watching as our experts help make our contributors’ property dreams come true.”

The hosts of the revived program have not yet been revealed.

At Paramount ANZ’s Upfronts event, the content company also revealed new programs including “Taskmaster” and a reshuffled content schedule which will see “The Bachelors” screening in the off-season in January 2023.