The Block ---- I'm a skeptic

[tech/a]

Last series not one sold

This time everyone of them sold at record prices
In the middle of a property recession.

So with ratings the key I'm skeptical.

Wouldn't put it past 9 making sure these sold at records.
Wonder how long before they're back on the market selling
At whatever they can get?

 

[lusk]

I thought the prices were pretty reasonable for the area of Melbourne they were in, if anything the reserve prices were quite low l assume to ensure contestants got something out of it after last years stuff up.

 

[Tink]

Yeah I thought they were pretty low for the area too, not that I have been watching the show, but I think it was Dorcas St, Sth Melbourne?

 

[moXJO]

They dropped the reserve really low after last years disaster. Ooops a little too low

 

[Miss Hale]

I didn't watch the show but was curious to hear the outcome. Definitely a big surprise to me, given last year's results. Given that the property market in Melbourne is in a worse state this year than last year it does seem strange. Not sure if the values are accurate as I don't have a handle on property prices in South Melbourne. I see from this article that the auction system was changed this year.

http://www.smh.com.au/entertainment...hammer-drops-on-the-block-20120701-21az5.html

I was surprised they did another show after last year's debacle so I supose I shouldn't be surprised that the outcome was different, they would have made sure of that one way or another

 

[Tink]

Well supposedly they paid over $3 million for the 4 run down houses in Cameron St Richmond

http://www.news.com.au/money/property/profit-on-chopping-block/story-e6frfmd0-1226073598839

and the same again for the 4 run down houses in Dorcas St South Melbourne.

http://www.heraldsun.com.au/enterta...-south-melbourne/story-e6frf9ho-1226091377444