The Block 2024 auctions finale: Melbourne Cup clue may answer lingering auction question
The Block’s biggest night of the year is nearly here — but the most important question on everyone’s mind is — who is and who isn’t going to be there.
The Block’s night of nights is coming this weekend — and the most important question on everyone’s mind is — who is going to be there?
In what has been one of the most drama-filled seasons of the show, a controversial last few weeks that involved a ‘flirting scandal’ and a walk out by one of the teams, fans aren’t sure what to expect.
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After a week of turmoil, Brad and Kylie dramatically left the show following judging for everyone’s back yards in the second-last week — and it left everyone wondering if that meant they were forfeiting their shot at claiming any winnings from their home’s auction.
Their exit prompted Scott Cam to declare that “this is now a competition between four houses”. But it wasn’t clear if he meant the entire Block 2024 competition or just the Club House Challenge, which occurred in the show’s final week.
However, eagle-eyed fans saw that among the attendees at Tuesday’s Melbourne Cup were all this year’s Block contestants together — including Brad and Kylie.
Kylie (who has now ditched her green hair) was actually pictured standing next to Mimi — the other woman also at the centre of the flirting scandal with her partner Brad.
Also spotted at the Melbourne Cup was Adrian Portelli, who has previously bought multiple Block properties in previous seasons.
Given that the couple are based in Cairns, and the show’s auctions are being held only four days after the Melbourne Cup, in the same state — it gives an indication that the show’s producers may have smoothed things over for their finale.
But after quitting just before the finish line, we aren’t sure if they will be eligible for any winnings?
Jesse and Paige also left in the middle of the season, and are not eligible for any money from the auction.
Who will win the Block 2024?
So how much will the houses sell for and how much is each team slated to pocket on auction day?
Here are the asking prices for every home right now.
While all the asking prices are the same, they do not necessarily determine the all-important reserve price though – which are usually revealed at the beginning of the finale on Sunday night.
How much they could sell for is anyone’s guess, but The Herald Sun has predicted chaos for the auctions, after show insiders warned Victoria’s tough conditions for property investors could scare off some of its most reliable buyers.
This year’s asking prices — while lower than previous seasons — are far higher than the median house price for Cowes on Phillip Island, where the homes are located.
Cowes’ median property price for four-bedroom homes is $820,000 in the last 12 months to September 2024, according to Proptrack.
MORE: Who will win this year’s Block? Experts predict
So will the show make any money on the homes?
The Block reportedly paid just over $8.75m for the whole site at 113-119 Justice Road back in September 2023. Including stamp duty, which would have cost $438,000, each home would have to sell for just under $1.84 million for Channel 9 to break even on the purchase of the properties.
Regular Block bidder and buyer’s advocate Frank Valentic told realestate.com.au the building costs were likely to be in excess of $1m per house.
“Each property would owe them, I would imagine, at least $3 million. So if they don’t shuffle that, they are obviously going to sell at a loss. “
“Channel 9, I think get $50 million profit a year from the show and all their advertisers... that’s where I think they obviously get their money.”
MORE: Block flirter’s final insult after walk-out scandal
Who do we think is going to win?
Courtney and Grant have had the most wins of the season, taking out the top spot for five weeks with their ‘Moditerranean’ aesthetic being praised by the judges.
Ricky and Haydn’s house offers the most in terms of configuration with five bedrooms, three bathrooms and four car spaces.
Houses 4 and 5 offer a similar configuration but only have space for two cars per house.
Ricky and Haydn also took out the Buyers Jury and Listing challenge.
For what it’s worth, the Buyers Jury and Listing challenge has also successfully predicted the winner of The Block in 2020, 2021 and 2023.
Take a tour of every house below
MISSED AN EPISODE?
EP 51: Block flirter brought to tears by game-changing act
EP 50: Reason why Block flirter finally reached breaking point
EP 49: Block flirter’s final insult after walk-out scandal
EP 48: ‘I hate this man’: Kylie explodes at Scott Cam
EP 47: ‘Taking half and leaving’: Block reunion gets ugly
EP 46: Mimi caught in lies as Block flirting scandal intensifies
EP 45: Block in crisis as Kylie flees, Brad’s ‘flirting’ confession causes uproar
EP 44: Judges slam ‘unAustralian’ backyard
EP 42/43: Teams’ surprise move after nasty Block spat
EP 41: ‘Don’t deal with f***ing liars’: Kylie storms out of Block dinner
EP 40: Block sisters make ‘nasty’ toilet error
EP 38/39: Block foreman’s spray reduces sisters to tears
EP 37: Fury over Kylie’s Block walk off threat
EP 36: ‘Useless s**t’: Judges get brutal on Block ‘peep show’ rooms
EP 34/35: Uproar as team member naps, leaving partner in the lurch
EP 33: ‘Be a man! It’s embarrassing’: Block contestant’s gross sledge
EP 32: ‘Vanilla’ and ‘squashed’: judges issue harsh criticisms
EP 30/31: ‘Devastated’: Why tradies refuse to work on The Block
EP 29: ‘Mean girl antics’: Block sisters bullied after win
EP 28: ‘Competition is rigged’: Furious Block contestant lashes out
EP 26/27: ‘They lied’: Teams turn on sisters, Block’s reputation questioned
EP 25: Why two teams are fighting over hotshot agent
EP 24: Grant, the master snitch
EP 22/23: ‘F. king brothel’: second Block builder quits
EP 21: Grant lets rip on “dog ugly” room
EP 20: ‘Can’t polish a turd’: Block judge lets rip
EP 18/19: ‘Paramount to cheating’: Scott Cam accuses Block team
EP 17: ‘Don’t give a f***’: Block team quits after producer steps in
EP 16: Abusive 1am phone call shocks entire Block
EP 14/15: “Snake … I’m not having you on site’: Block builder fired
EP 13: ‘F***ing walk off’: Block couple’s fight turns toxic
EP 12: ‘Arrogant’: Blockhead goes on a bender, cop huge judge spray
EP 10/11: ‘Rip it up’: Block’s biggest bathroom disaster ever
EP 9: ‘You never listen to me’: Block couple fall apart
EP 8: ‘This has become a joke’: Dan slams popular Block pair
EP 6/7: ‘F***ing wasting time’: Block couple set to quit
EP 5: ‘This has never happened’: Block team caught in fraud scandal
EP 4: ‘Childish, boring’: Block judges come in blazing
EP 3: Block builder already breaking rules incurs foreman’s wrath
EP 2: ‘Who the f**k wants to sleep near their kids?’ — Block couple baffled
EP 1: ‘Not good at anything’: Bathroom fireworks kick off on The Block
Originally published as The Block 2024 auctions finale: Melbourne Cup clue may answer lingering auction question
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