Winning bid on The Block All Stars caused jaws to drop

Winning bid on The Block All Stars caused jaws to drop
Jonathan ChancellorMarch 27, 2013

That final winning bid on The Block All Stars has estate agents chatting.

It increased the offer by $67,000 to $1.67 million from $1,603,000.

But just whether the buyer meant to increase the bid to $1,607,000, or perhaps by $7,000 to $1,610,000 or the actual accepted offer to $1.67 million is subject to dramatic conjecture.

And possibly even the camera-shy buyer doesn't quite have the definitive answer given the emotional roller coaster that the auctions presented.

This is how the final stages of the bidding unfolded:

Auctioneer Damien Cooley: At $1.603m, once, at $1.603m, twice, $1.603m...

Buyer's bidding representative: $1.670m

Cooley: $1.670m. The bid's [on the] left-hand side at $1.670m. At $1.670m the bid's on the left-hand side. I'll take it [laughter], $1.670m... Ladies and gentlemen, I'm going to call it three times and then sell it at $1.670m. If you'd like to bid up and you'd like to own it, your last chance is right now. At $1.670m, once, twice, third time before we sell the winning house on The Block All Stars... sold. Congratulations.

The prior bid had been $43,000 from the buyer's agent Stewart Jones, so interested buyers weren't going up in neat bids.

Who'd forget the odd bidding of The Block South Melbourne auctions.

Everyone has their lucky numbers and rituals.

Jonathan Chancellor

Jonathan Chancellor is one of Australia's most respected property journalists, having been at the top of the game since the early 1980s. Jonathan co-founded the property industry website Property Observer and has written for national and international publications.

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