All of the Northcote properties in the 2017 season of The Block NZ TV show saw a jump in RV of between $390,000 to $400,000, but still short of the $1.3m plus it was touted they would sell for this year. Photo / Chris Loufte
All of the Northcote properties in the 2017 season of The Block NZ TV show saw a jump in RV of between $390,000 to $400,000, but still short of the $1.3m plus it was touted they would sell for this year. Photo / Chris Loufte
The Block NZ former properties have all grown in value well above the minimal profits reaped by contestants in the latest season of the reality TV show.
All of the Northcote properties in the 2017 season saw a jump in new rateable value (RV) of between $390,000 to $400,000 followingAuckland Council's release of its latest valuation figures - albeit still short of the $1.3m plus it was touted they would sell for this year.
Meanwhile contestants only made between $1,000 to $30,000 in profits, with properties, for the first time in the series' six-year history struggle to meet reserves at auction.
Of the four homes on Potter's Ave only one hit the $1.3m mark. Others sold for $1.277m, $1.24m and $1.25m.
The latest valuations also fell short of $1.3m, despite considerable growth seeing the sub-million dollar properties tip over the $1m mark.
The cluster of buildings from 74-80 Anzac St in Takapuna were later bought by developers and demolished to make way for a new six-storey apartment development. Photo / Michael Craig
Season one of The Block
Siblings Libby and Ben Crawford won the premiere season of The Block NZ in 2012 - selling the house they had done up for a profit of $157,000 and won $80,000 in prize money.
The cluster of buildings from 74 - 80 Anzac Street were later bought by developers and demolished to make way for a new six-storey apartment development. Prices for the new one-bedroom apartments in the centre of Takapuna were being marketed with a starting price of $580,000.
74 Anzac St, Takapuna 2014 RV $1.2m 2017 RV $1.86m $660,000 increase since last valuation Last sold April 28, 2015 for $1.919,657
76 Anzac St, Takapuna 2014 RV: $1.2m 2017 RV: $1.86m $660,000 increase since last valuation Last sold October 28, 2015 for $1.6m
78 Anzac St, Takapuna 2014 RV: $1.18m 2017 RV: $1.83m $650,000 increase since last valuation Last Sold June 24, 2015 for $1.94m
80 Anzac St, Takapuna 2014 RV: $1.25m 2017 RV: $1.83m $580,000 increase since last valuation Last Sold May 29, 2015 for $1.95m
One of the second season's houses in Eversleigh Rd, Belmont, Takapuna. Photo / Doug Sherring
Season two of The Block NZ
The second season of the reality TV series in 2013 was won by married couple Alice and Caleb Pearson who sold the open-plan home at auction for $1.126m - earning them a profit of $181,000.
1C Eversleigh Rd, Belmont 2014 RV $1.125m 2017 RV $1.45m $325,000 increase in RV Last sold July 2 2014 for $1.2m
1D Eversleigh Rd, Belmont 2014 RV $1.1m 2017 RV $1.425m $325,000 increase in RV Last sold November 1 2013 for $1.014m
1E Eversleigh Rd, Belmont 2014 RV $1.075m 2017 RV $1.4m $325,000 increase Last sold at The Block auction for $952,000 on October 30, 2013
1F Eversleigh Rd, Belmont 2014 RV $1.075m 2017 RV $1.4m $325,000 increase Last sold at The Block auction for $947,000 on October 30, 2013
The 2014 season of The Block NZ was set in the Auckland suburb of Pt Chevalier. Photo / Michael Craig
Season three of The Block NZ
The 2014 season of The Block NZ set in the Auckland suburb of Pt Chevalier saw married couple Alex and Corban Walls earn $227,000 in profit and take out the top prize, complete with a $100,000 in prize money in the 2014 series.
26A Newell St, Point Chevalier 2014 RV $1.31 2017 RV $1.85m $540,000 increase Last sold on April 14 2015 for $1.6m
28A Newell St Point Chevalier 2014 RV: $1.45m 2017 RV: $1.825m $375,000 increase Last sold December 20, 2014 for $1.552m
Fans of The Block NZ look around house number 4 in Sandringham in 2015. Photo / Michael Craig
Season four of The Block NZ
Dubbed the Villa Wars this season played out in the Auckland suburb of Sandringham in 2015 Each team was required to give a traditional 1900s villa. Couple Brooke Thompson and Mitch Davies won the season, with their made-over villa selling for $190,000 over and above the reserve.
They reportedly used their winnings to build their own property in Queenstown.
All of the Northcote properties in the 2017 season of The Block NZ TV show saw a jump in RV of between $390,000 to $400,000, but still short of the $1.3m plus it was touted they would sell for this year. Photo / Chris Loufte
Season six of The Block NZ
In the latest season of the reality show which took place this year, for the first time in its history a house was passed at auction.
However, a twist of fate, saw the house renovated by Andy Murdie and Nate Ross, sell for $1.25m - a $30,000 profit.
