The 2024 season of The Block (Phillip Island) saw all five renovated homes sell at auction, with sale prices ranging roughly from the mid‑$2 millions to $3.5 million, and every team walking away with a solid profit.

Quick Scoop: Sale Prices 2024

Here’s a snapshot of the reported hammer prices and profits for the 2024 Block houses:

  • House 1: Sold for about $3.50 million, with total winnings reported as $1,550,000 plus an extra $100,000 winner’s bonus.
  • House 2: Sold for about $3.30 million, delivering an estimated profit of $1,350,000.
  • House 3: Sold for about $2.70 million, with a reported profit of around $750,000.
  • House 4: Sold for about $2.60 million, with a reported profit of about $650,000.
  • House 5: Sold for about $2.93 million, with a reported profit of roughly $1,030,000.

These figures put the 2024 auctions in the multi‑million‑dollar range but generally below some of the very high results seen in earlier years where many homes pushed past $3–4 million reserves.

At‑a‑Glance Table: 2024 Results

[3] [3] [3] [3] [3] [3] [3] [3] [3] [3]
House Approx. Sale Price Reported Profit/Winnings
House 1 $3.50 million $1,550,000 + $100,000 bonus
House 2 $3.30 million $1,350,000
House 3 $2.70 million $750,000
House 4 $2.60 million $650,000
House 5 $2.93 million $1,030,000

Context: 2024 Versus Expectations

  • The 2024 Phillip Island season was initially guided with lower price expectations (around $1.7–$1.85 million asking ranges) compared to previous years that often sat in the $3–$4 million bracket.
  • Despite those lower guides, auction day pushed the properties well above $2.5 million in most cases, translating into strong six‑ and seven‑figure profits for the contestants.

Information gathered from public forums or data available on the internet and portrayed here.