The Block Oslo

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The bullied Cairns couple Tess and Luke Struber took home the grand prize as the winners of The Block 2019 after 14 weeks of stressful renovation.

Channel Nine manipulated the reserves which were set at $2.990 million for all of the five three-storey terraces, although the terraces at either end were expected to have the higher longterm value.

The official price guide required by Victorian Government legislation had been $3 million to $3.3 million.

Buyers’ advocate Frank Valentic described them as "very, very comfortable reserves."

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Experienced renovators, Mitch &amp; Mark saw the hammer come down at $3.374 million, which was $384,000 over reserve.

It sold to seasoned Block bidder, Danny Wallis, who previously purchased 403 Dorcas St in South Melbourne on the fifth season of The Block for $1,400,001.01.

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The next auction was the newlyweds Tess &amp; Luke who secured $3.620 million, some $630,000 over reserve.

Barrister Rick Horsley, SC, was the buyer of the Tess and Luke’s terrace at 38B Gray Street. He had bid unsuccessfully last year.

“The first time I walked into this one, I hated it,” Mr Horsley told Nine Entertainment after the auction.

Perth parents El’ise &amp; Matt got $3.450 million, which was $460,000 over their reserve, and the runners-up.

It sold to expatriates who plan on leasing the property out while they remain overseas.

Andy &amp; Deb sold their house for $3.420 million, $430,000 over reserve.

The latest auction was real estate agent Jesse and girlfriend Mel who secured $388,000 over the reserve when their house sold for $3.378 million.

Buyers’ advocate Greville Pabst bought Jesse and Mel’s house on behalf of a Melbourne professional couple.

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Highlighting the limited buyer pool, Pabst also bidding on behalf of Aconex co-founder Rob Phillpot, for whom he bought both penthouses last year, but the tech entrepreneur did not win any of the auctions on Saturday.

Valentic's buyer of Andy and Deb’s house were underbidders in the Gatwick last year. 

Valentic bid on all five properties for a number of investors.

They are a Caulfield North family.

The buyers’ advocate Nicole Jacobs did not have any clients purchase any of the Oslo terraces. 
  
Tess and Luke took home an extra $100,000, delivering them $730,000 in winnings. 

Hocking Stuart Albert Park agent auctioneer David Wood sold Tess and Luke’s home at 38B Grey Street. 

Wood also sold the winning home in the 2017 season.

He said the acoustic separation and self-contained flat at the back of the home secured the victory for 38B.

Host Scott Cam, along with Shelley Craft, are back for the program's 16th series in Brighton in 2020. 
  
The latest winnings taking total prizemoney across 15 seasons to $23.1 million.

Tess and Luke, the team who couldn’t bear to watch The Block because they’d been so bullied by producers, once said they wished they’d never gone on.

“Tell you what, they love The Block now," host Scott Cam, said after the result, showing he still couldn't help himself. 

Meanwhile the finale ratings fell yet again with 1.924m tuning in.

Last year’s (time-adjusted figures) had 2.021m tuning in while the year prior had 2.462m.

PREVIOUS BLOCK WINNERS 2003 - BONDI – Adam &amp; Fiona, $256,000 2004 - MANLY – Jamie &amp; Andrew, $178,000 2010 - VAUCLUSE – John &amp; Neisha, $305,000 2011 - RICHMOND – Polly &amp; Waz, $115,000 2012 - SOUTH MELBOURNE – Brad &amp; Lara, $606,000 2013 - ALL STARS (BONDI) – Phil &amp; Amity, $395,000 2013 - SKY HIGH (SOUTH MELBOURNE) – Alisa &amp; Lysandra, $395,000 2014 - FANS v FAVES (ALBERT PARK) – Steve &amp; Chantelle, $736,000 2014 - GLASSHOUSE (PRAHRAN) – Shannon &amp; Simon, $435,000 2015 - TRIPLE THREAT (SOUTH YARRA) – Darren &amp; Deanne, $935,000 2015 - THE BLOCKTAGON (SOUTH YARRA) – Dean &amp; Shay, $755,000 2016 - THE BLOCK 2016 (PORT MELBOURNE) – Will &amp; Karlie, $815,000 2017 – THE BLOCK 2017 (ELSTERNWICK) – Josh &amp; Elyse, $547,000 2018 - THE BLOCK GATWICK (ST KILDA) – Hayden &amp; Sara, $645,000
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Rick Horsley SC spends $3.62 million to buy Tess and Luke's The Block Oslo terrace

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Controversial designer grandads Mitch Edwards and Mark McKie have listed their unsold North Bondi apartment for November auction, having secured their latest flipping project on the northern beaches.
The duo, who have slipped from being initial bookmakers’ favourites to win The Block 2019, have struggled to find a buyer of their two-bedroom North Bondi offering (below).
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2019/10/17/Mitch%20%20Mark%20North%20Bondi.jpg" alt="">
It was listed in January, just as they headed to Melbourne for the Channel 9 series.
The pair had paid $855,000 in July last year for the apartment, which has now been listed through Tony Dowling at Laing Real Estate. They have overseen a revamp of the decor.
The experienced flippers, who have sold 15 properties across Sydney over their 14 years together, have lined up their first project on the northern beaches at Newport, securing a 1970s home (below) for about $1.7 million.
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2019/10/17/Mitch%20%20Mark%20Newport.jpg" alt="">
“Call us crazy,” Mark said heading into the acquisition.
They checked out the three-level, four-bedroom home three times before its purchase. Its elevated position has views to the coast. There’s a self-contained living space on the lower level.
The couple have pocketed $3.5 million in gains from resales over the past 13 years, excluding $560,000 in stamp duties plus all the estate agent and conveyancing fees.
This article was first published in the Saturday Daily Telegraph. 
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The Block's Mitch and Mark set North Bondi auction after buying Newport project

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Sydney's stylish grandads Mitch and Mark have been made bookmakers favourites after the first episode of The Block 2019 aired on Sunday.
The Potts Point locals, who flip properties for a living, have been priced in at $3 on Sportsbet.
Sportsbet.com.au's Rich Hummerston said judging by the amount of tears shed in the first episode, this year’s Blockheads have the task ahead of them.
"Mitch and Mark are experienced flippers, which should give them an edge."
The couple, who have flipped 15 properties across Sydney, are currently seeking a buyer for <a href="/news/the-block-oslos-mitch-and-mark-seek-north-bondi-buyer">one of their North Bondi projects.</a>
Second favourites are Melbourne representatives Jesse and Mel, who have eased from $3 to $4.
Jesse is a <a href="/expert-insights/building/the-agencys-jesse-raeburn-portrayed-as-cocky-contestant-on-skint-the-block-goldrush-series">real estate agent at The Agency</a> and sold The Gatwick apartment of Courtney and Hans last year.
Tess and Luke, the newlyweds from the Sunshine State, are priced at $4.50.  
Andy and Deb, the second representatives from New South Wales, are fourth favourites at $5 and the outsiders are experienced renovators from WA, El'ise and Matt.
Photo credit Channel Nine.
 
 
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