Nine
The highly anticipated auction day for The Block 2024 is here, with five stunning coastal homes on Phillip Island set to go under the hammer. In the weeks leading up, contestants are completing their last landscaping projects to make the properties shine. Here’s a guide to everything fans want to know about The Block’s season finale and its exciting auction night.
LIVE: The Block 2024 updates and live results
When is The Block Auction 2024?
The Block auction will take place on Saturday, November 9, with the finale airing the following day on Sunday, November 10, at 7 p.m.
What are the price guides for The Block Homes?
The asking prices for each home are set between $1.7 million and $1.85 million, marking the first time in eight years that all Block properties have had asking prices under $2 million. Here’s a quick breakdown of each property:
- House 1 (Maddy and Charlotte): 4 bedrooms, 3 bathrooms, 2 car spaces – $1.7m – $1.85m
- House 2 (Courtney and Grant): 4 bedrooms, 3 bathrooms, 2 car spaces – $1.7m – $1.85m
- House 3 (Ricky and Haydn): 5 bedrooms, 3 bathrooms, 4 car spaces – $1.7m – $1.85m
- House 4 (Kylie and Brad): 5 bedrooms, 3 bathrooms, 2 car spaces – $1.7m – $1.85m
- House 5 (Kristian and Mimi): 5 bedrooms, 3 bathrooms, 2 car spaces – $1.7m – $1.85m
This year’s prices exceed Cowes’ median home values, with the town’s average for a four-bedroom house around $820,000. Given this season’s pricing strategy, it remains to be seen whether any records will be broken on auction day.
Will Kylie and Brad attend The Auctions?
The last few weeks of The Block season have followed a massive “flirting” scandal centred around Brad. As the show neared auction day, the situation continued to stir drama, with Kylie admitting in a recent episode that she may not return for the finale.
“I don’t want to come back for auction, I don’t want to come back and have to deal with them. I don’t,” she admitted during yet another walkout from set. Speaking to her husband, she explained she wanted to finish up as quickly as possible, leave, and never return – even if that meant getting nothing out of the season or having to forfeit any profits.
In the days heading into the auction, it remained unknown if Kylie would follow through on her promise, with Brad shedding light on the situation in an interview with the Daily Mail.
“That’s something that I am still talking to my wife about, we don’t know what we’re doing,” he admitted.
But, it seems like fans had nothing to worry about, with the couple appearing in the final episode and confirming with producers they were “still together.”
Who decides the auction order, and why does it matter?
The auction order, revealed during the finale, plays a crucial role in The Block’s outcome. Over the years, some teams have benefited from going earlier or later in the order, depending on buyer engagement and market energy. With each team hoping for the highest bids, strategic auction positioning can be a game-changer and the final episode of the season, saw they couple’s leave auction order to fate after being unable to decide among themselves.
The auction order is as follows:
- House 2 (Courtney and Grant)
- House 4 (Kylie and Brad)
- House 5 (Kristian and Mimi)
- House 3 (Ricky and Haydn)
- House 1 (Maddy and Charlotte)
Will Danny Wallis and Adrian Portelli be back to bid?
Regular Block bidders and millionaire investors Danny Wallis and Adrian Portelli are expected to appear at the auction, though it’s unclear how much they plan to invest this season. With reduced asking prices, there’s speculation that other high-net-worth individuals or syndicates could also enter the bidding, widening the buyer pool and adding fresh competition.
How much will contestants make if the houses sell?
Contestants earn any amount over their home’s reserve price. The team with the highest profit above reserve also wins a $100,000 bonus. Last season, winners Steph and Gian walked away with a combined $1.75 million, but it’s uncertain whether any teams this year will match or exceed that figure, given the modest price expectations.
What happens if a house doesn’t meet reserve?
If a property doesn’t reach its reserve, it can be “passed in,” giving the agents an opportunity to negotiate post-auction. This safety measure sometimes means properties may take additional weeks or even months to sell. In the past, homes have taken up to three months to find buyers at prices close to or slightly above the reserve, which affects contestant earnings.
Who could win The Block 2024?
While the final results are up in the air, Kristian and Mimi and Ricky and Haydn are strong contenders. Kristian and Mimi hold the most room wins this season, showing consistency and appeal. Meanwhile, Ricky and Haydn’s spacious five-bedroom home with four car spaces provides a valuable asset mix for large families or investors.
Both teams have been spotlighted through the Buyers Jury and Listing Challenge – which has successfully predicted past Block winners. But on The Block, there are always surprises. Sometimes, the most luxurious property doesn’t equate to the biggest win due to variable reserve prices.
Stay tuned for live updates on auction day to see which team takes home the ultimate prize!
