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Josh and Jenna Sell Their House On The Block

Good news for Josh and Jenna from The Block they have now sold their house for $1 million. Their house was passed in at Sunday night’s finale. As their reserve was $950,000 they have made a tidy $50,000 profit. Their house was the last one to sell. (Source: Nine MSN)

The only house to sell on the night of the finale was Polly and Waz’s who made a $15,000 profit after selling it for $855,000. They had the lowest reserve of the four houses. However because they were the only house to sell on the night they won the $100,000 first prize for getting the highest sale.

Katrina and Amie later sold their house for the reserve price of $860,000 so unfortunately they won’t be taking money home for their hard work.

Rod and Tania sold their yesterday for a tidy $72,000 profit. Their reserve had been set at $950,000.

Josh and Jenna, and Rod and Tania get to keep the profit from the sale of the houses.

The finale was a bit of a fizzer but it was the highest rated show on TV this year peaking at 4.875 million viewers.

Yesterday The Block producer Julian Cress blaming Consumer Affairs Victoria for sabotaging the sale with their claims the real estate agents were underquoting prices. See that blog post here.

 

Thanks Wurstsemmel for sending me the link.

9 comments

1 nittywitty { 08.24.11 at 4:52 pm }

Congrats to R&T and J&J . I’m not surprised they sold so quickly. Still think that J&J ‘s reserve was too high. What a relief it’s all over for another year. Wonder what format The Block sales will have next year.

2 HR { 08.25.11 at 2:12 am }

Wasn’t R&T’s reserve 850K ?

3 nittywitty { 08.25.11 at 7:25 am }

J&J sold their house with plans for a 2nd storey addition. P&W’s house owners won’t be happy about that

4 akris { 08.25.11 at 9:57 am }
5 AngelSN86 { 08.25.11 at 10:39 am }

Is that last article serious? They knew it was a possibility going into the show that it may not sell, why does channel 9 have to ‘look after’ them? They cracked the shits on the night and sold it for the reserve instead of hanging out for a higher price in a week or 2 like the other 2 couples. And the exposure that they’ve gotten is worth a lot of money too. All those appearances on the Today Show and Postcards etc.

6 akris { 08.25.11 at 10:49 am }

I think it’s fair considering the amount of money and revenue channel 9 would have received from the show.

they don’t HAVE to, but i think it’s fair that they do.. especially as it is the highest rating show on tele supposedly this year, plus that i reckon channel 9 got some kind of profit from the actual reserve price as well.

7 Margaret { 08.25.11 at 1:26 pm }

I am bitterly disappointed for the girls. They worked as hard as the others and I think if they had waited a little longer to sell their house they would have received money. Not a good advertisement for their real estate agent. I agree that the Consumer Affairs Department caused a lot of uncetainty prior to the auction in relation to the value of properties.

8 PollyB { 08.25.11 at 5:05 pm }

Good for J&J, and R&T.
But, here we go again. Those bloody sisters. First it was we are mums we can do whatever anyone else can. Really? Then it was, oh we’re being bullied cos we’re girls. And, oh we need help we are girls. Then, they crack the shits (rightly so) when the house was passed in, act like the spoilt petulant brats they’ve come across as and sold their house for the reserve Sunday night. Oooh, and now they want, and it seems they will get, more. HTFU.

9 Maz { 10.19.11 at 9:17 am }