Entertainment TV Record profits for The Block Triple Threat

Record profits for The Block Triple Threat

The Block: Triple Threat couples celebrate.
Twitter Facebook Reddit Pinterest Email

The Nine Network’s renovation finale of The Block Triple Threat has produced record profits after last season’s disappointing results.

The four pairs of contestants took home a total of $3.16 million profit, which Channel Nine said was the highest sum of money ever given away on a single episode of television anywhere in the world.

The four furnished apartments created by contestants over the course of the show, out of a drab 1970s block of flats in Melbourne’s leafy suburb South Yarra, sold on average more than $760,000 above their reserves.

‘The Block’ and ‘I’m a celeb’ top TV ratings
‘The Block’ star Darren Jolly’s cancer scare
‘The Block’ is back, and so is the dramas 

Former AFL star Darren Jolly and wife Deanne won the show after their apartment sold for $2.23 million, $835,000 above the reserve.

The couple also took home the grand prize of $100,000 for earning the most profit above their apartment’s reserve.

The Jollys were one of two teams from last year’s The Block Glasshouse series to win just $10,000 in profits for three months of renovations.

The results were a welcome relief for Adelaide parents, Tim and Anastasia, who struggled to finish their apartment because of budget woes.

The couple sold their apartment for $2,175,000, meaning they took home $755,000.

Josh and Charlotte’s apartment sold for $2,200,000, leaving them with a profit of $810,000.

The final sale price for Jess and Ayden’s apartment was $2,000,000. Their profit was a handy $665,000.

The profits from the sale of the four Triple Threat apartments in South Yarra was more than the Fans vs Faves season, where four teams took home a combined $2.4 million in profits.

Buyers agent and valuer Greville Pabst of the WBP Property Group, who also appeared on the show, said comparable sales of apartments in South Yarra ranged between $8,000 and $10,000 per square metre, while the block apartments fetched between $12,000 and $13,000/sqm, News Ltd reported.

View Comments