RECORDS TUMBLE IN AUCTION FRENZY
THE BLOCK CREATES TV HISTORY AS CONTESTANTS EARN $3.165 MILLION FOR THEIR STUNNING APARTMENTS
The eight contestants on The Block Triple Threat tonight hit paydirt when all four South Yarra properties sold at auction for prices well in excess of their reserves.
A staggering total of $3,1650,000 was taken home by the four couples who have spent the past three months toiling day and night to transform a drab 1970s block of flats into luxurious three-bedroom apartments.
The windfall represents the highest sum of money ever won on a single episode of television anywhere in the world and is reflective of a buoyant property market in the highly sought-after inner-Melbourne location.
The series was won by Melbourne’s Darren and Deanne Jolly whose apartment sold in the third auction of the night for a massive $2,229,000. The price was $835,000 over reserve – the largest sum over reserve of all four apartments – which means the Jollys not only take home this profit, but also an additional $100,000 in prizemoney as winners of the series.
In second place were Sydney’s Josh Terrett and Charlotte Ekas. In the final auction of the night, the youngest couple from this series came close to clinching the winners’ prize when their north-facing apartment sold for $2,200,000, netting them a profit of $810,000 over their reserve.
Tim and Anastasia Ielasi claimed third place when, in the first auction of the night, their apartment sold for $2,175,000, earning a whopping $755,000 profit for the Adelaide couple.
Gold Coast couple Jess and Ayden Hogan were also rewarded with a life-changing sum of money, when their apartment sold under the hammer for an even $2,000,000. They walk away with a very tidy $665,000 for their efforts.
A mammoth $12,101,501 has now been earned by contestants across ten series of The Block, which will return for its eleventh series later this year.
PAST WINNERS OF THE BLOCK (incl prize money)
2003 – BONDI – Adam & Fiona – $256,000
2004 – MANLY – Jamie & Andrew – $178,000
2010 – VAUCLUSE – John & Neisha – $305,000
2011 – RICHMOND – Polly & Waz – $115,000
2012 – SOUTH MELBOURNE – Brad & Lara – $606,000
2013 – ALL STARS (BONDI) – Phil & Amity – $395,000
2013 – SKY HIGH (SOUTH MELBOURNE) – Alisa & Lysandra – $395,000
2014 – FANS v FAVES (ALBERT PARK) – Steve & Chantelle – $736,000
2014 – GLASSHOUSE (PRAHRAN) – Shannon & Simon – $435,000
2015 – TRIPLE THREAT (SOUTH YARRA) – Darren & Deanne – $935,000
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