The contestants who were tipped as the least likely to win, surprising took out the 2018 series of The Block. Supplied: Channel 9
THE Block apartments have defied expectations and trumped the sluggish market, all notching sales more than $200,000 past reserve — with a surprising couple emerging as the winner.
Season villain’s Hayden and Sara, who hail from eastern Sydney, took out top spot in the 14th series of the Channel 9 renovation show.
Their Gatwick pad at 3/34 Fitzroy St, St Kilda, sold $545,000 over reserve for a whopping $3.02 million.
The couple’s total windfall came to $645,0000 after an extra $100,000 in prize money.
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Sara and Hayden took out the win, collecting $645,000 in prize money.
The construction manager and former flight attendant plan to invest their winnings in their next renovation and send their parents on a holiday.
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“It is something we didn’t expect and it is such a tough market so to have a 100 per cent clearance rate was a good result for everyone,” Hayden, 45, said.
“We were the underdogs and we showed everyone we know what Melburnians like,” Sara, 31, said.
The Sydney couple has one of The Block’s most talked about bathrooms in the show’s history. Supplied: Channel 9
The No. 3 apartment sold for $3.02 million. Supplied: Channel 9
Sara and Hayden’s apartment was the second to go under the hammer after South Australia’s Kerrie and Spence bagged a $415,000 profit when their No. 1 apartment sold for $2.85 million.
Norm and Jess’ penthouse at No. 4 was next, and scored the Queenslanders $209,000 in prize money after a $2.859 million sale.
Melburnian netballers Bianca and Carla netted $301,000 when their penthouse at No. 5 scored $2.991 million.
Last up were reno rookie’s Courtney and Hans, from Western Australia, who took home $410,000 after a $2.77 million sale was notched at No. 2.
Kerrie and Spence came in second place, taking home a $415,000 profit. Supplied: Channel 9
The impressive sales emerged on a weekend when less than one in two properties across Melbourne sold under the hammer. CoreLogic recorded a preliminary clearance rate of just 49 per cent from 1157 auctions.
In the lead up, property experts predicted at least one of the apartments would pass in as a result of the cooling market conditions.
Buyer’s advocates Greville Pabst, Nicole Jacobs, and Frank Valentic were all out in force at The Block auctions. Picture: Martin Philbey
Block regular Frank Valentic said he was surprised with the results but said it was a great for the overall property market.
“I expected one, two or three to pass in given Melbourne’s clearance rates,” Mr Valentic said.
“If they had have fallen over I think it would have had a real domino effect.”
Mr Valentic bid on all five apartments but failed to secure the keys to any.
“They are very unique properties, but I still thought the uniqueness wasn’t going to bring this one home,” he said.
“We had lost so many buyers throughout this campaign, a lot haven’t been able to get finance.
“But the old lady showed she is pretty good and that brought it home.”
One buyer bagged the two penthouses, scoring Jess and Norm’s for $2.859 million. Supplied: Channel 9
Bianca and Carla’s was snapped up for $2.991 million. Supplied: Channel 9
Buyer’s agent Greville Pabst managed to snag four of the five apartments for his clients, something that has never been done in the show’s history.
One of his buyers, a local tech entrepreneur, purchased both penthouse pads as investment properties.
The buyer, who did not want to be named, said he scored two “bargains”.
“There are pockets of St Kilda which are amazing and pockets that have been a bit more seedy and this part, Fitzroy St, was one of them,” he said.
“Part of the problem was the Gatwick and now it is totally different, from an investment point of view St Kilda is going to lift.”
Industry experts suggest the penthouse properties could fetch up to $2500 per week in rent.
The show’s next project is a scummy backpacker’s hostel in St Kilda, which will be transformed into five mansions that are expected to sell for more than $3 million.