The Block 2020 finale: Jimmy and Tam smash a record with a near $1 million profit and after their home goes under the hammer for more than $4 million
The Block’s Jimmy and Tam have ‘smashed a record’ for the hit show pocketing a near $1 million profit after their home went under the hammer.
During Sunday’s season finale, the couple were second to put their home to auction, with a nail-biting bidding war seeing the house sell for $4,256,000.
‘Mummy and daddy just won a lot of money,’ Tam told their daughter following the auction. While Jimmy said: ‘You want a pony?’
The Block 2020 finale: Jimmy and Tam (pictured) smash a record for the show with a near $1 million profit and after their home went under the hammer for more than $4 million
The couple got a whopping $966,000 profit from the sale.
Even Scott Cam was surprised by the result, with him clearly happy for the couple: ‘Come here, mate. Bloody hell, $966,000. Just Unbelievable.’
The strong result followed Luke and Jasmine, who made more than $500,000 in profit. Their home sold for a whopping $3,856,000.
The Block’s Luke and Jasmine (pictured) made more than $500,000 profit after selling their home for a whopping $3,856,000 on The Block finale on Sunday night
The Block’s Luke and Jasmine made a whopping $506,000 in profit after their home went under the hammer for $3,856,000.
During Sunday’s finale, the Perth couple were the first to put their house under the hammer.
The couple were ecstatic with their mortgage paid off after the bidding reached more than $440,000 in profit for them.
Showing a sign of the times, The Block zoomed the auctions.
The season finale was not without its drama, with Jimmy and Tam choosing the auction order before the home went under the hammer.
Jimmy and Tam allowed the auction order: 1. Luke and Jasmine; 2. Jimmy and Tam; 3. Sarah and George; 4. Daniel and Jade; 5. Harry and Tash
All of the contestants broke down in tears over the auction order, with Harry and Tash clearly upset they were going last.
Despite the great results of both auctions, the teams were warned about the effect of the coronavirus pandemic.
Domain managing editor Alice Stoltz, gave the couples both good and bad news, confessing the Melbourne market had been in a ‘slumber’ due to coronavirus.
She did admit, however, that the clearance rate for properties was still reasonable and making a comeback: ‘The clearance rate is in the high 60s early 70s.’