“Absolutely gutted” by bittersweet Block auction
Simon & Shannon win The Block auction but the cast were in tears with 2 apartments just $10k above reserve.
- Published by David Knox
- on
- Filed under News, Top Stories
NSW brothers Simon & Shannon have won The Block: Glasshouse but the auction left teams in tears with two couples taking home just $10,000.
The brothers’ Prahran apartment sold for 1,565,000, a profit of $335,000. They also pocketed another $100,000 cash.
But it was a night of contrasts with Michael and Carlene plus Darren and Deanne only profiting $10,000.
“I don’t know what to say, I’m really sorry,” said a tearful Shelley Craft.
“All that Shell and I can say is we’re really sorry,” host Scott Cam added.
“As much as we are stoked, we are absolutely gutted about our mates,” said Simon and Shannon.
Max and Karsten also only profited $40,000 after having the highest Reserve price. Earlier in the night the pair had their wedding, paid for by the network.
It’s not the first time Block auctions have failed to meet expectations, with previous auctions in 2004 selling at Reserve price and one apartment in 2011 failing to sell at the auction finale. Earlier this year there were bumper prices for the Fan vs Faves series.
Simon and Shannon:
Reserve: 1,565,000
Sold: $1,900,000
Profit: $335,000
Chris and Jenna:
Reserve: 1,500,000
Sold: $1,810,000
Profit: $310,000
Max and Karsten:
Reserve: $1,670,000
Sold: $1,710,000
Profit: $40,000
Darren and Deanne:
Reserve: $1,370,000
Sold: $1,380,000
Profit: $10,000
Michael and Carlene:
Reserve: $1,380,000
Sold: $1,390,000
Profit: $10,000
Julian Cress, Executive Producer, said: “The Block proved once again that it is the ultimate reality show. We just never know how it’s going to end until that hammer comes down. As Scott Cam said last night, it is a competition to win $100,000 and nothing else is guaranteed.
“Obviously we always want everyone to be rewarded for their efforts, but at least two teams have made a life-changing fortune.”
Michael Healy, Director of Television for the Nine Network, said: “While we hope that all contestants walk away with a financial reward for the time and effort they commit to The Block, it is the buying public that determines the outcome of this program. I’d like to thank the contestants for their remarkable achievements in producing these incredible apartments, as well as the very talented crew who produced this series, which has been a massive ratings success.
“I’m pleased to say that The Block will return to Australian TV screens early in 2015 for its tenth series.”
This post updates.
Share
- Tagged with The Block
29 Responses
well you cant force people to bid. Its what buyers are willing to pay for. Although some say it may be karma for dee
The ‘losing’ contestants came across as greedy to me. Two of them received a beautiful expensive wedding for nothing and still complained. I wouldn’t mind $10,000.00 for a few weeks work when I have mostly experienced builders doing most of the work. The show constantly made light of the girls always being out shopping. They know the risks before going into these shows so they shouldn’t have complained. I would also like to know why the Real Estate agents hadn’t done their job and worked on getting more genuine buyers in to bid.
So did the build go for 11 weeks? Is that right? Cos last night, while watching the show, I kinda learn’t that winning 40k is not a joyful happy moment. Apparently that’s not enough. I know it’s way less than the 2 couples who got a motza, but still it’s over 3.5k per week.
Maybe over 3.5k per week is the new norm and I’m way out of touch.