{"id":103408,"date":"2025-10-27T12:15:17","date_gmt":"2025-10-27T12:15:17","guid":{"rendered":"https:\/\/www.newsbeep.com\/nz\/103408\/"},"modified":"2025-10-27T12:15:17","modified_gmt":"2025-10-27T12:15:17","slug":"the-block-2026-huge-gamble-could-set-up-contestants-to-fail","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/nz\/103408\/","title":{"rendered":"The Block 2026: huge gamble could set up contestants to fail"},"content":{"rendered":"<p><img fetchpriority=\"high\" class=\"styles__StyledImage-sc-17n6uwl-1 hlcJVa size-full wp-post- wp-image-1073466\" loading=\"eager\" decoding=\"async\" aria-describedby=\"caption-attachment-1073466\" data-capiid=\"abdcde150fcf6abd84a1d5a790ad35eb\" width=\"1280\" height=\"720\" src=\"data:image\/svg+xml,%3Csvg xmlns=&quot;http:\/\/www.w3.org\/2000\/svg&quot; viewBox=&quot;0 0 1280 720&quot;%3E%3C\/svg%3E\"  alt=\"\"\/><\/p>\n<p id=\"caption-attachment-1073466\" class=\"wp-caption-text\">Shelley Craft and Scott Cam on The Block in 2025. Picture: Channel 9.<\/p>\n<p class=\"Text__Typography-sc-1103tao-0 bjGYxJ StyledP-sc-cebixd-0 bzEerj\">The Block could be heading for another auction flop in 2026 \u2014 with insiders warning that producers are setting contestants up to fail by again picking a quieter Victorian market for the next season.<\/p>\n<p class=\"Text__Typography-sc-1103tao-0 bjGYxJ StyledP-sc-cebixd-0 bzEerj\">Agents close to the show have revealed that filming for the <a href=\"https:\/\/www.realestate.com.au\/news\/the-block-2026-first-look-at-mt-eliza-site\/?campaignType=external&amp;campaignChannel=syndication&amp;campaignName=ncacont&amp;campaignContent=&amp;campaignSource=newscomau&amp;campaignPlacement=realestatemodule\" rel=\"nofollow noopener\" target=\"_blank\">2026 series has been locked in for Victoria\u2019s Mornington Peninsula<\/a>, sparking fears of a repeat of this year\u2019s lacklustre auction results.<\/p>\n<p class=\"Text__Typography-sc-1103tao-0 bjGYxJ StyledP-sc-cebixd-0 bzEerj\">This year\u2019s much hyped auctions <a href=\"https:\/\/www.realestate.com.au\/news\/the-block-2025-winners-revealed-wa-cops-britt-and-taz-win-520k-in-dramatic-auction\/?campaignType=external&amp;campaignChannel=syndication&amp;campaignName=ncacont&amp;campaignContent=&amp;campaignSource=daily_telegraph&amp;campaignPlacement=article\" rel=\"nofollow noopener\" target=\"_blank\">failed to deliver the contestants with the kind of profits seen over previous seasons<\/a>, with two of the five contestants failing to sell their properties at auction.<\/p>\n<p class=\"Text__Typography-sc-1103tao-0 bjGYxJ StyledP-sc-cebixd-0 bzEerj\">Even the winning contestants, WA cops Taz and Britt, walked away with a profit that was less than the last placed contestants on the 2024 season.<\/p>\n<p class=\"Text__Typography-sc-1103tao-0 bjGYxJ StyledP-sc-cebixd-0 bzEerj\">MORE: <a href=\"https:\/\/www.realestate.com.au\/news\/the-block-secret-preauction-chat-revealed-reason-for-2025-flop\/?campaignType=external&amp;campaignChannel=syndication&amp;campaignName=ncacont&amp;campaignContent=&amp;campaignSource=daily_telegraph&amp;campaignPlacement=article\" rel=\"nofollow noopener\" target=\"_blank\">Off screen event doomed Block finale<\/a><\/p>\n<p><img class=\"styles__StyledImage-sc-17n6uwl-1 hlcJVa size-full wp-post- wp-image-1073462\" loading=\"eager\" decoding=\"async\" aria-describedby=\"caption-attachment-1073462\" data-capiid=\"80b3c5d6b4e48d16d62cf9953b7e0a71\" width=\"1280\" height=\"720\" src=\"data:image\/svg+xml,%3Csvg xmlns=&quot;http:\/\/www.w3.org\/2000\/svg&quot; viewBox=&quot;0 0 1280 720&quot;%3E%3C\/svg%3E\"  alt=\"\"\/><\/p>\n<p id=\"caption-attachment-1073462\" class=\"wp-caption-text\">The property of contestants Han and Can failed to attract a bid at auction.<\/p>\n<p class=\"Text__Typography-sc-1103tao-0 bjGYxJ StyledP-sc-cebixd-0 bzEerj\">MORE: <a href=\"https:\/\/www.realestate.com.au\/news\/the-block-sparks-trend-of-failed-diy-home-renovations\/?campaignType=external&amp;campaignChannel=syndication&amp;campaignName=ncacont&amp;campaignContent=&amp;campaignSource=daily_telegraph&amp;campaignPlacement=article\" rel=\"nofollow noopener\" target=\"_blank\">\u2018Smells 24\/7\u2019: Secret way Block ruins homes<\/a><\/p>\n<p class=\"Text__Typography-sc-1103tao-0 bjGYxJ StyledP-sc-cebixd-0 bzEerj\">Contestants Han and Can failed to attract a single bid over their opening vendor bid of $3.1m.<\/p>\n<p class=\"Text__Typography-sc-1103tao-0 bjGYxJ StyledP-sc-cebixd-0 bzEerj\">One of the auctioneers on this year\u2019s Block finale, Tom Panos, said part of the discrepancy between last season\u2019s results and this year\u2019s was that <a href=\"https:\/\/www.realestate.com.au\/news\/the-block-2025-high-reserves-cause-auction-chaos-in-daylesford\/?campaignType=external&amp;campaignChannel=syndication&amp;campaignName=ncacont&amp;campaignContent=&amp;campaignSource=newscomau&amp;campaignPlacement=realestatemodule\" rel=\"nofollow noopener\" target=\"_blank\">celebrity buyers like Adrian Portelli sat the auctions out<\/a>.<\/p>\n<p class=\"Text__Typography-sc-1103tao-0 bjGYxJ StyledP-sc-cebixd-0 bzEerj\">This meant local market dynamics came into play and Channel 9\u2019s decision to shoot in Daylesford, 120km northwest of Melbourne, was partly behind the middling sales results this year, Mr Panos said.<\/p>\n<p class=\"Text__Typography-sc-1103tao-0 bjGYxJ StyledP-sc-cebixd-0 bzEerj\">Daylesford is a property market that has struggled, with prices still an average of about 11 per cent lower than they were in 2022, PropTrack data shows.<\/p>\n<p class=\"Text__Typography-sc-1103tao-0 bjGYxJ StyledP-sc-cebixd-0 bzEerj\">Mr Panos, said producers could be repeating this mistake with their decision to film next year\u2019s show in Mount Eliza, 62km south of Melbourne.<\/p>\n<p class=\"Text__Typography-sc-1103tao-0 bjGYxJ StyledP-sc-cebixd-0 bzEerj\">This market, like Daylesford, has prices that have yet to return to their 2022 peaks, with the typical cost of a house in Mount Eliza still about 10 per cent below what it was three years ago.<\/p>\n<p><img class=\"styles__StyledImage-sc-17n6uwl-1 hlcJVa size-full wp-post- wp-image-1073463\" loading=\"eager\" decoding=\"async\" aria-describedby=\"caption-attachment-1073463\" data-capiid=\"649398c73c79f6c042cd70ad2b1bb560\" width=\"1280\" height=\"720\" src=\"data:image\/svg+xml,%3Csvg xmlns=&quot;http:\/\/www.w3.org\/2000\/svg&quot; viewBox=&quot;0 0 1280 720&quot;%3E%3C\/svg%3E\"  alt=\"\"\/><\/p>\n<p id=\"caption-attachment-1073463\" class=\"wp-caption-text\">Auctioneer Tom Panos said renovators could get more profits in other locations outside regional Victoria. Picture: John Appleyard<\/p>\n<p><img class=\"styles__StyledImage-sc-17n6uwl-1 hlcJVa size-full wp-post- wp-image-1073464\" loading=\"eager\" decoding=\"async\" aria-describedby=\"caption-attachment-1073464\" data-capiid=\"0c9c8060179a7f9adba9380a64791b9f\" width=\"1280\" height=\"720\" src=\"data:image\/svg+xml,%3Csvg xmlns=&quot;http:\/\/www.w3.org\/2000\/svg&quot; viewBox=&quot;0 0 1280 720&quot;%3E%3C\/svg%3E\"  alt=\"\"\/><\/p>\n<p id=\"caption-attachment-1073464\" class=\"wp-caption-text\">Big spenders like Adrian Portelli (right) ensured huge results in previous seasons but their absence meant local market dynamics became more important on the 2025 season<\/p>\n<p class=\"Text__Typography-sc-1103tao-0 bjGYxJ StyledP-sc-cebixd-0 bzEerj\">Mr Panos also noted that Victoria in general, including Melbourne, has been one of the country\u2019s weaker markets in recent times and is not where typical investors would be attempting house flips at the moment.<\/p>\n<p class=\"Text__Typography-sc-1103tao-0 bjGYxJ StyledP-sc-cebixd-0 bzEerj\">He added that the last season of The Block, shot in Phillip Island, could easily have gone the same way as this year\u2019s results if it were not for <a href=\"https:\/\/www.realestate.com.au\/news\/adrian-portelli-selling-entire-block-compound-at-phillip-island\/?campaignType=external&amp;campaignChannel=syndication&amp;campaignName=ncacont&amp;campaignContent=&amp;campaignSource=newscomau&amp;campaignPlacement=realestatemodule\" rel=\"nofollow noopener\" target=\"_blank\">businessman Adrian Portelli buying all five of the homes at inflated sums<\/a>.<\/p>\n<p class=\"Text__Typography-sc-1103tao-0 bjGYxJ StyledP-sc-cebixd-0 bzEerj\">\u201cThere are two types of buyers on The Block,\u201d Mr Panos said. \u201cThere are celebrity buyers looking for marketing investment and then there are normal buyers that we see every Saturday.<\/p>\n<p class=\"Text__Typography-sc-1103tao-0 bjGYxJ StyledP-sc-cebixd-0 bzEerj\">\u201cThat\u2019s why we saw such a big disparity between prices in this season and last. There was no celebrity factor so we were left with far more rational decision making.\u201d<\/p>\n<p><img class=\"styles__StyledImage-sc-17n6uwl-1 hlcJVa size-full wp-post- wp-image-1073465\" loading=\"eager\" decoding=\"async\" aria-describedby=\"caption-attachment-1073465\" data-capiid=\"111bd70eb8aee54c1a834092d7dfdbdb\" width=\"1280\" height=\"720\" src=\"data:image\/svg+xml,%3Csvg xmlns=&quot;http:\/\/www.w3.org\/2000\/svg&quot; viewBox=&quot;0 0 1280 720&quot;%3E%3C\/svg%3E\"  alt=\"\"\/><\/p>\n<p id=\"caption-attachment-1073465\" class=\"wp-caption-text\">Winning 2025 contestants Britt and Taz.<\/p>\n<p class=\"Text__Typography-sc-1103tao-0 bjGYxJ StyledP-sc-cebixd-0 bzEerj\">Mr Panos said The Block producers had a history of selecting filming locations in slower real estate markets over recent years, including regional Victorian markets far from Melbourne.<\/p>\n<p class=\"Text__Typography-sc-1103tao-0 bjGYxJ StyledP-sc-cebixd-0 bzEerj\">\u201cThe producers will have their own matrix for choosing locations but I think there is a higher chance that you would get crazy prices if you were in a marketplace with different dynamics and higher demand,\u201d Mr Panos said.<\/p>\n<p class=\"Text__Typography-sc-1103tao-0 bjGYxJ StyledP-sc-cebixd-0 bzEerj\">\u201cThe owners of the show have to balance how much they pay for land upfront with (the return). The better the position, the higher they pay for land.<\/p>\n<p class=\"Text__Typography-sc-1103tao-0 bjGYxJ StyledP-sc-cebixd-0 bzEerj\">\u201cGenerally speaking, it costs about the same to do most renovation projects from one location to another. Labour and material costs will mostly be the same. The difference is that the upside is a lot higher in more competitive markets.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"Shelley Craft and Scott Cam on The Block in 2025. Picture: Channel 9. The Block could be heading&hellip;\n","protected":false},"author":2,"featured_media":103409,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[29],"tags":[156,111,139,69,437],"class_list":{"0":"post-103408","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-tv","8":"tag-entertainment","9":"tag-new-zealand","10":"tag-newzealand","11":"tag-nz","12":"tag-tv"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/103408","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/comments?post=103408"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/103408\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media\/103409"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media?parent=103408"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/categories?post=103408"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/tags?post=103408"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}