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FTA-TV The Block 2025 Daylesford

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It's real estate, it is not a sure fire way to make money, anyone who is involved in real estate will tell you that.

It is not like these guys put any of their own money into these houses, they accepted to compete in a game show basically, and took a risk, sometimes risks don't come off, at least they did not lose a lot of money.
 
Contestants always want low reserves, agents are always going to work on the lower side, but you can't advertise a price range of $3.3mil give or take and expect a reserve of $2.5mil.

It was always going to be tough in Daylesford as its a unique area, if i had $3mil to spend i wouldn't spend it on a proxy sub division built by reality contestants.

I think Mt. Eliza will do better, but i feel this show has down better with smaller houses in the suburbs.
 
I do think the reserves were too high for Daylesford. Houses that sell for the high 2 millions in Daylesford usually have land attached, and it's super rare for a house to sell for over 3 million there. Super rare. IMO, it was never a market where you were going to sell five houses for 3.1 to 3.5 million. They could have had the reserves at 2.65 million, let the houses sell for 2.8 to 3.1 million, giving all the contestants a chance to win a few hundred grand, and sold all the houses. But, as per every season, 6in9 and C9 were greedy.
 
I do think the reserves were too high for Daylesford. Houses that sell for the high 2 millions in Daylesford usually have land attached, and it's super rare for a house to sell for over 3 million there. Super rare. IMO, it was never a market where you were going to sell five houses for 3.1 to 3.5 million. They could have had the reserves at 2.65 million, let the houses sell for 2.8 to 3.1 million, giving all the contestants a chance to win a few hundred grand, and sold all the houses. But, as per every season, 6in9 and C9 were greedy.

Agree on reserves, it's not like ch9 wouldn't be making money out of this, even if the dropped the reserves to a realistic amount.
 
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Channel Nine make money out of the advertising, i have no idea about the commercial arrangement they have with the builders but they would be getting paid to use their building license. I suspect making money from the houses isn't their primary focus because it can be so unreliable and not guaranteed. Also the cost of the build is a lot less than usual given the discounts that would be getting through Ch.9 sponsors.
 
They should do a block with not so high end stuff.

Like you can only spend x amount on tiles or y amount on extra stuff like real life.

And yeah suburban houses more so
This was the concept of Selling Houses Australia, really, but without the contestants.
 
This was the concept of Selling Houses Australia, really, but without the contestants.
selling houses Aus is here's my budget (that the house owner had to cough up their own money) and then they renovate to sell.

if you did 5 similar houses next to each other they would all need to agree on the same budget for a block to work really
 
I do think the reserves were too high for Daylesford. Houses that sell for the high 2 millions in Daylesford usually have land attached, and it's super rare for a house to sell for over 3 million there. Super rare. IMO, it was never a market where you were going to sell five houses for 3.1 to 3.5 million. They could have had the reserves at 2.65 million, let the houses sell for 2.8 to 3.1 million, giving all the contestants a chance to win a few hundred grand, and sold all the houses. But, as per every season, 6in9 and C9 were greedy.
It's greed, but not in the way of wanting super auction profits. These houses are waaaaayy over capitalised because of all the sponsors products they now shoehorn into the show.

You don't need 5 bedrooms plus cabana, plus additional room in a shed, plus 7 million vlux skylight, plus pool, plus sauna, plus pickleball court.

In their desire to be absolute building industry whores, the producers of the show have got to a point where they're building houses that nobody can afford (or wants to pay for).

Add in the fact that they did it in DAYLESFORD of all places and it was a recipe for disaster. They would easily be the 5 most expensive houses in that suburb, how can you expect them to all sell for an acceptable amount on the same day.

Leish and Sonny got lucky that they stuff in their driveway essentially brought the sale price of their home down to about $2.7m, which is a bit more palatable.

As for why Brit & Taz got so much more, I guess there was that one person who made enough of an emotional connection to fork out the cash.
 

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Entitled contestants thinking they will become super rich from this show, Danny and portelli have ruined it and given contestants false expectations.
Yep... As if there would have been 5 individual buyers wanting houses at those prices in Phillip Island. Maybe the interstate contestants didn't realise where Daylesford was and how unlikely it was that they would sell 5 multi million dollar houses there on one day?
 
It's greed, but not in the way of wanting super auction profits. These houses are waaaaayy over capitalised because of all the sponsors products they now shoehorn into the show.

You don't need 5 bedrooms plus cabana, plus additional room in a shed, plus 7 million vlux skylight, plus pool, plus sauna, plus pickleball court.

In their desire to be absolute building industry whores, the producers of the show have got to a point where they're building houses that nobody can afford (or wants to pay for).

Add in the fact that they did it in DAYLESFORD of all places and it was a recipe for disaster. They would easily be the 5 most expensive houses in that suburb, how can you expect them to all sell for an acceptable amount on the same day.

Leish and Sonny got lucky that they stuff in their driveway essentially brought the sale price of their home down to about $2.7m, which is a bit more palatable.

As for why Brit & Taz got so much more, I guess there was that one person who made enough of an emotional connection to fork out the cash.
I totally agree with all of this. The pertinent point is that all these homes were way overcapitalized for that market, which is why the reserves were so high.
 
I totally agree with all of this. The pertinent point is that all these homes were way overcapitalized for that market, which is why the reserves were so high.
And the Island was the same. They just got lucky that Portelli likes to splash his cash around and get his mug on TV.

The concept can still work with regular houses and modest budgets, but they don't pull the sponsor money.
 

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FTA-TV The Block 2025 Daylesford

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