Claudia Byatt
Real Estate

Final Block home sale price revealed

The sale price for the last property from The Block 2022 has finally been revealed, about six months after the show’s auctions took place.

Queensland couple Dylan and Jenny remain the only team not to have sold their house after it was passed in at auction having failed to attract a bid over its $4.08 million reserve.

The house sold privately in February, however, no sale price was publicly revealed.

According to The Age, the final sale price was $3.9 million - $180,000 less than the auction day reserve.

That is also $175,000 less than the highest offer made for the house on auction day, of $4,075,000. That offer was passed up, with the home among several knocked back during a dramatic finale for the show’s 2022 season.

In February, the 5ha Gisborne property had finally led under a private treaty to a “lovely family” who were new to the area and reportedly “fell in love" with the house.

The sale price sees Dylan and Jenny at the very bottom of the leaderboard in terms of the most recent season of The Block, with a net profit of zero. It also puts them alongside a handful of teams in the show’s history to have walked away from their brutal few months of filming without any prize money.

Speaking to 9 Entertainment shortly after auction day, Jenny revealed she was “p*ssed off” with their property failing to meet its reserve.

“I know [the houses] are worth $6 million, but people don’t have that kind of money at the moment,’’ she said.

Last year’s season of The Block holds the spot for the most varied results in the show’s history. Winners Omar and Oz broke all Block records, with an astounding total profit of 1,686,666.66 for their house, while Tom and Sarah-Jane were only able to sell their house for just $20,000 over its reserve.

Couples Rachel and Ryan, and Ankur and Sharon both made around $170,000 respectively, with Dylan and Jenny’s house left on the market into the next year.

The show is set to head back to Melbourne’s exclusive bayside suburbs for season 19, currently filming in Hampton East.

A popular contestant from last year, plumber Tom, has been spotted on site, with photos suggesting he’ll be working on the show as a tradie in 2023.

Image credit: Instagram/Domain

Tags:
The Block, Auction, Sale price, Real estate