But TV Tonight has reported, with pictures, the house was being demolished on Monday with the whole structure expected to be destroyed within two weeks.
Dig Dig Demolition teased their work on social media, sharing a picture of a worker and Nine reporter Allan Raskall at the house, captioned: "Something a bit different and unusual is about to happen".
Raskall teased the demolition on his own Twitter, writing: "'Look at Moi'.. a piece of television history is soon to be no more! Am standing in the famous kitchen of the partially demolished 'Kath & Kim' house."
In 2019, the current owner of the Kath & Kim house invited the public to tour the home as a way to raise money for charity and give fans a last look before the house was radically renovated.
"We're changing a lot in the house, so it won't look the same on the inside or the outside," Joanne Kelly told Sunrise.
If the reboot rumours are true, the new series will not appear on free-to-air television but a streaming service next year.
Kath & Kim, which follows a dysfunctional mother-daughter duo in Melbourne's outer suburbs, had four seasons which aired between 2002 and 2007, first on the ABC and then on Channel 7.
However, the last time we saw the iconic characters, created and played by Jane Turner and Gina Riley, was in the film Kath and Kimderella in 2012.
The series and film is currently available to watch on Netflix, as well as the 2005 film Da Kath & Kim Code.
Comedian Magda Szubanski, who played Kim's friend Sharon Strzelecki, told the Kyle and Jackie O Show last year she did not think there should be a reboot.
"I think it should be off the table … because it holds such a special place in people's memories that you know, if we did a live show which was a best of or something like that that's different, but to actually try and do a whole new series – you can never capture that magic again," she said.
"I feel fine to go off and do Sharon stuff. We don't know that world of Sharon's world."
