Josh & Jenna sell house for $1m
The last remaining house on The Block has sold for $1,000,000, with a $50k profit for Josh and Jenna.
- Published by David Knox
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The last remaining house on The Block has sold for $1,000,000.
Josh and Jenna’s double-fronted property in Cameron Street, Richmond, was passed in at auction at $901,000.
With a reserve of $950,000, the couple will now walk away with $50,000.
“We always knew we had a million-dollar property. We’re thrilled with this result,” said the couple. “Jenna got the ring she’s always wanted and now we can have the wedding we’ve always wanted and really give our new venture Bicker Design Co. a good start!”
Yesterday Rod & Tania’s house sold for $922,000, giving them a profit of $72,000.
On Sunday night Polly & Waz sold their house for $855,000, with a $15,000 profit and the $100,000 cash prize.
Katrina & Amie, whose property was soldprivately  at its reserve prize of $860,000, are now the only couple not to net any cash from a sale.
Nine has said it “does not forget its friends” but is yet to outline how the two sisters will benefit from the sale.
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23 Responses
The renovators on The Block produced rush job houses full of low-quality clutter. I’m amazed any of them sold, especially when you can get a properly designed house in Richmond for $1m quite easily. Seeing the boganic crud they put in the house (eg. a checkers board on the wall, @ Josh and Jenna?) : that’s not ‘retro’ or ‘cool’, it’s just junk. As for Jenna’s ‘shoe wall’ – that’s called watching too much television. Attempting to project a champagne lifestyle on a beer budget with that lonely pair of Prada shoes is tacky, not to mention a waste of precious space in a small house. Waz and Polly at least deserved to win – the didn’t get sucked into the ‘I’m a unique celebrity’ mindset that pervades the poorly educated classes these days.
@tony
What about survivor? The Amazing Race etc.
Only 1 winner who takes it all.
These people go on the show and then just whinge and even cry, poor poor little darlings they are.
Hmmm a renovation done in mad rush, a propert with no parking, no air-conditioning and no central heating. All for a cool million! Well you know what they say about a fool and his money.
ok…call me cynical but why would anyone waste 50k by not bidding on the night. It wasn’t Jeff Browne’s uncle that bought it …. was it?
@Craig – that only works in a rising property market and was mostly smoke and mirrors anyway as, in most cases, you could do nothing to the property and still sell it 6-12 months later for a profit.
The people who were pushing the make-millions-from-property pipe-dream, were the ones selling training courses, or realtors who benefit each time a property is sold. On the other hand, the hopefuls, who might’ve spent $10k and an average of 15hrs a week for 6 months fixing/doing the house up would, if they were lucky, add $20k to the selling price, allowing for any change in the market. That equates to $25.64ph before tax. For that money, I think I’d rather have the time and save myself the hassle.
“just a waste of time realy”
David, are you sure? In this article they say:
“On Saturday night, they turned down an offer for the house at its reserve price, believing they could get more for it.”
Do they mean the estate agent turned down the offer, rather than Josh and Jenna? It’s a shame Katrina and Amie’s agent didn’t do the same thing, because they could potentially have made a small profit as well.
It seems outrageous and unfair that the winner must be decided on the night in a hype-driven auction filled with cameras and idiots wearing pink suits! Clearly auction is not the way to sell now and maybe they can look at changing this aspect of it for next year.
Jason – big difference between being on a win all or lose all game show for a day of your life – compared to the blood, sweat, intrusion and lack of other earnings demanded for three months of these contestant’s lives. The show should guarantee something for all participants!
All these places were bought as investment properties so all the hard work and design choices mean shit in the end cause no one is buying it because they love it so much, just greedy pigs trying to get a bargain.
Also what someone said on here a week back or so about person putting money on a couple to win and then buying their house and basically getting a free house could very well be right. I wonder if anyone has checked into that. Polly & Waz were on the worst odds.
So theoretically with a profit of $72 000 Rod and Tania really won “The Block”.
Of course the conditions in the contract would have been who got the most at the auction however it sucks that the people who won might have only won because a buyer could not turn up on the night.
It’s good to hear that all the houses have sold but still sad for Katrina and Amie. Surely they deserve some sort of profit out of this. Everyone else got a considerable amount: $50,000, $72,000 and $115,000. They can’t just walk away with $0.
So let me get this straight. The eventual buyer did not really want all the glare of TV etc at Saturday nights auction…fair enough. So instead of bidding by phone or using a buyer advocate and getting the property for its 950k reserve, they wait 4 days and pay 1 million and waste 50,000 dollars ( fifty thousand) How completely stupid is that? The same can be said for the dummies who bought Rod & Tania’s place. Even in the 21st century a fool and his/her money are easily parted…..
I can not believe that is a million dollar property…
and to think they could have bought it for 901k. LOL
Funny how the couple with the second lowest profit actually ‘wins’.
Feel rather sad for Katrina and Amie, they should have held out for a better offer, because they’d have the same result they have now even if it didn’t sell….
What happened to all the homes you could buy for a few $100,000 and then double the value by fixing it up?, At one point it was the must do thing for any DIY enthusiast.
I just don’t understand how they can be upset they originally walked away with nothing. Any other competition or gameshow if you don’t win you get nothing, so why should The Block be any different? To me they should get nothing if they don’t sell on the auction night and the winnings get donated or kept by Channel 9.
sucks to me Katrina and Amie..why did they sell so quickly?
At least the other couples were smart.
I liked them, but the way they reacted on auction night bad losers turned me off. Ha!
It’s not the couples that agree to the sale. They don’t own the properties.
@deedeegragons Matty Johns was fired for inappropriate conduct. Nine was right to fire him, and Mark Ferguson was poached by Seven, again Nine didn’t have any choice but to let him go.
“Does not forget it’s friends” Hmm… Jessica Rowe, Matty Johns, Kim Watkins, Mark Ferguson, etc….
You know i just cant see the value in any of them all said and done but im glad channel 9 paid for them and gave them some cash , except for Katrina and Annie , man i bet they are livid at this.Thats show business folks.