August 11, 2026 — 2:09pm
Save
You have reached your maximum number of saved items.
Remove items from your saved list to add more.
AAA
One of the Daylesford homes that failed to sell at auction in the finale of the last season of reality renovation TV show The Block sold on Tuesday, after a price reduction of as much as $400,000 over the past year.
Hannah Thetford and Candice Wood’s house at 4 Cedar Lane was marked as sold on its online listing. The sale price was undisclosed but the property’s price guide at the time of sale was $2.59 million.
Contestants on The Block each create a home over the course of the series, then pocket any cash above the property’s reserve if it sells at auction, meaning Hannah and Candice are not expected to make money from the sale. The Block airs on Nine, owner of this masthead. Nine was contacted for comment.
Five homes in its Daylesford series went to auction in the season finale in October last year, all with a price guide of $3 million to $3.3 million. Three sold on the day, while 4 Cedar Lane passed in on a vendor bid of $3.1 million, and a reserve of $2.99 million.
After being converted to private treaty, the price was revised down to $2.9 million at the end of March, before being lowered again in June to $2.59 million.
The property was sold by Belle Property Daylesford’s selling agent Will Walton, who declined to comment on the home, its price or the buyer, but said the Daylesford market generally had started to pick up.
He highlighted a deal in nearby Wallaby Jack Road, Trentham, for a luxe home with country kitchen for $1.9 million, and another in Daylesford for just over $1.4 million. Daylesford’s median house price is $777,500 on Domain data, down 5.2 per cent over the year to June.
“The last few weeks there have been some fantastic sales in Daylesford,” he said. “We can’t get over the number of people who have turned up to open for inspections.”
The remaining Daylesford home from The Block, 5 Cedar Lane, has a similar price guide of $2.6 million and has been marked as under offer.
It passed in at the season finale, also on a vendor bid of $3.1 million, after competitive bidding took it to $2.97 million, just $20,000 short of its $2.99 million reserve.
Ray White Sunbury selling agent Aaron Hill said he was happy for contestants Emma Shanahan and Ben Cox.
He has now been involved with six listings from The Block. “This is probably the hardest one in terms of the market conditions in Victoria and Australia,” he said.
The property market has been falling this year amid interest rate rises, economic uncertainty and changes to the tax treatment of investment property in the federal budget. Melbourne’s median home value is 2.8 per cent lower than a year ago.
On Tuesday, ANZ forecast capital city property prices would fall 10.6 per cent from the peak to their trough, 14.5 per cent in Sydney and 12.8 per cent in Melbourne.
Save
You have reached your maximum number of saved items.
Remove items from your saved list to add more.
Elizabeth Redman is the national property editor at The Age and The Sydney Morning Herald.Connect via X or email.From our partners