Few profit in Block auction fizzer

Written By Unknown on Minggu, 12 Oktober 2014 | 04.30

Brothers Simon and Shannon Vos had a 'bittersweet' win, after the most uneven result in the show's history. Courtesy: Channel Nine

THE Block Glasshouse finale delivered joy and heartbreak with the most uneven result in the show's history on Sunday night.

Two teams left the Melbourne auctions with a measly $10,000 for their weeks of backbreaking work, one team took home $40,000 and two others pocketed more than $300,000 each.

The series winners, who also collect an extra $100,000 for their troubles, were Coffs Harbour brothers Shannon and Simon Vos who described their win as "bittersweet" after seeing their mates fail to make any significant cash. They earned $335,000 profit when their Prahran apartment sold for $1,910,000.

The boys triumph ... winners Simon and Shannon earned $335,000 profit when their apartment sold for $1,910,000. Picture: Mark Stewart. Source: News Limited

DEANNE JOLLY: Block contestant drops C bomb

Hard work pays off ... brothers Simon and Shannon Vos have won The Block. Picture: Mark Stewart

'NO FILTER': Deanne faces backlash over favouritism claims

WAITING GAME: Blockheads sweat on auction results

Bittersweet ... the brothers may have won — but admitted they were "gutted" for their fellow contestants. Picture: Mark Stewart Source: News Limited

Coming second was Sydney couple Chris and Jenna Susetio who earned a profit of $310,000 when their property sold for $1,810,000.

Former AFL star Darren Jolly and his controversial wife Deanne made just $10,000, as did the popular Queenslanders Michael and Carlene Duffy.

Sinking feeling ... Darren and Deanne Jolly came second — but made just $10,000 at the auction. Picture: Mark Stewart Source: News Limited

Winning $40,000 was Newcastle newlyweds and bookies favourites Maxine Stokes and Karstan Smith.

It wasn't quite the nightmare of the 2011 series when three of the four houses on offer were passed in, but the series executive producer and co-creator Julian Cress admitted the results of the final three auctions of the night were "unfortunate".

"Something happened this afternoon that's not easily explained by me or frankly by anyone else," Mr Cress said.

Pressure cooker ... popular couple Carlene and Michael were feeling nervous as they watched Chris and Jenna's apartment being auctioned. Picture: Mark Stewart Source: News Limited

Stokes and Smith's apartment, which featured a secret rooftop room, was nabbed by a young Chinese couple, both 20, on behalf of their overseas parents for $1,710,000.

Mr Smith said he was disappointed at the results.

So emotional ... it was all too much for Jenna and Chris. Picture: Mark Stewart Source: News Limited

"What happened, don't know," he said.

"But nothing you can do about it. It's out of my hands."

Michael and Carlene Duffy's flat sold for $1,390,000, limping over the reserve with $10,000 to spare.

Excitement to the max ... Maxine and Karstan — who were the bookies favourites — with Carlene and Michael. Picture: Mark Stewart Source: News Limited

The buyer, who didn't want his name disclosed, said he had never watched the show before viewing the apartments.

The Scotsman, who calls Melbourne home, said the property was an investment.

Melbourne couple Darren and Deanne Jolly's apartment sold for $1,380,000, also getting just $10,000 for the former AFL player and his wife.

New friendships ... Carlene and Michael share a laugh with Jenna and Chris. Picture: Mark Stewart Source: News Limited

The stunning upset soured celebrations at the popular Channel 9 reality show.

Agent Russell Cambridge of Biggin & Scott, who sold the Jollys' apartment, said the small pool of buyers shared among the five auctions was in part responsible for the disappointing results.

"There were three main buyers really hot and two of them were mine," Mr Cambridge said.

"The issue was the depth of buyers. There weren't enough bidders.

"In the real world, I would have passed mine in and I would have got $1.5 million or better."

Stripping off ... Chris congratulates Simon after their apartment was auctioned. Picture: Mark Stewart Source: News Limited

Only bidders who registered with each contestant's nominated real estate agents were allowed to attend Saturday's auction.

Many of the prospective buyers registered to bid for all the five apartments.

It's all over ... a sombre Deanne and Darren share a moment after their apartment was auctioned. Picture: Mark Stewart Source: News Limited

However, Mr Cress said it was up to the real estate agents to get bidders for the auction.

"It was a stunning and an unfortunate result for the last three auctions," he said.

"It's a bit disingenuous of a real estate agent to suggest that the problem today was that there weren't enough buyers in the room and that's our fault.

"If there weren't enough buyers in the room then I would suggest that probably they should be looking at themselves."

However, he said, the agents worked incredibly hard and did their level best.

Serious business ... bidders look on as Deanne and Darren's apartment is auctioned. Picture: Mark Stewart Source: News Limited

Shannon, the older of the winning Sydney Voss brothers, said their victory was "bittersweet".

"As stoked as we are to win, it just absolutely feels like as if our guts have been ripped out," Mr Voss said.

"Because we have spent such intense times with these guys, we are best mates. To see your mates do so much work and not be rewarded is very hard."

Support ... Block host Scott Cam during the auctions.. Picture: Mark Stewart Source: News Limited

The popular Channel 9 reality show, which started 11 years ago in Sydney, saw the five sets of contestants tackle a 3450sq m 1980s office building conversion.

The new Block at 121 High St, Prahan featured apartments with three bedrooms and two parking spaces.

WBP Property spokesman Greville Pabst said the apartments failed to attract any publicity premium.

"I think it is very disappointing," Mr Pabst said.

"The expectations prior to the auction for prices to be a lot higher.

"The expectations really were for the apartments to exceed a value of $2 million.

"Everybody is a little bit surprised at the results in that we believe that they have come in at market value or perhaps a little bit below."

THE BLOCK GLASSHOUSE RESULTS

Shannon and Simon Vos (apartment sold for $1.9 million) - $335,000 profit, plus $100,000 prize money

Chris and Jenna Susetio (apartment sold for $1.81 million) - $310,000 profit

Maxine Stokes and Karstan Smith (apartment sold for 1.71) - $40,000 profit

Michael and Carlene Duffy (apartment sold for $1.39 million) - $10,000 profit

Deanne and Darren Jolly (apartment sold for $1.38 million) - $10,000 profit


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