Experts explains why The Block's Gisborne season was a failure - and if next year's Daylesford location will be a hit READ MORE: Block's Maddy and Charlotte break silence on controversial win By MARTA JARY FOR DAILY MAIL AUSTRALIA Published: 07:05, 18 November 2024 | Updated: 07:38, 18 November 2024 e-mail View comments The Block's 2024 season was a roaring hit thanks to a series of vital factors, real estate experts have explained. Buyers advocate Frank Valentic told Domain this week that the key was the location of the series. Phillip Island, Victoria offered up much lower housing prices than than last season, set in Gisborne.
The reserves 'were literally half the price of the Gisborne properties', he tells the publication. 'I certainly had more buyers interested in Phillip Island,' he said. Will Walton, director of Belle Property in Daylesford, agreed with the assessment that lower prices make a more attractive season.
The Block's 2024 season was a roaring hit thanks to a series of vital factors, real estate experts have explained. Pictured: Block hosts Scott Cam and Shelley Craft 'The real estate formula for a good auction is having a competitive reserve and attracting competitive bidding. The Gisborne reserves were quite high', he said.
When questioned on whether next year's location, Daylesford, was destined for success, Walton said, 'Like Phillip Island, the reserves will have to be realistic.' Valentic added that Gisborne South was simply not as vibrant an area. Read .
