Leah and Ash have finally sold their The Block house, nearly four months after it was passed in at auction.
The couple’s house was the only one to pass over at the show’s auction which took place in November 2023, and it has been on the market ever since.
Now, the couple have shared the news that a family bought the The Block house that they renovated for a whopping $3.125 million.
“We can finally reveal our Block House just got snatched up by a family….to live in! 🎉,” they wrote on Instagram.
“From the very beginning, our aim was not just to build, but to pour our hearts into every corner, hoping to find someone who would appreciate our creation,” the post continued.
“It’s been a tough few months as we’ve had a few close calls with this sale. Despite the challenges and the doubts, we have remained steadfast in our vision and we cannot tell you how relieved we are that our dreams for this house is finally a reality.”
How much profit did Leah and Ash make?
Though it took some time, Leah and Ash made a healthy $155,000 profit from the sale of their renovated house.
Each pair of The Block contestants are given a reserve price and are able to keep whatever the house sells for over that amount. Leah and Ash’s reserve was $2.97 million.
Contestants are allowed to pass in their houses before the top bid meets the reserve, which ends the auction. The house is then listed and open to offers. This strategy is often used if bids are slow at an auction, which was the case for Leah and Ash.
How much did the other teams make?
Leah and Ash ended up making the third highest amount of money, however, both Steph and Gian and Eliza and Liberty made a lot more than them.
Here are the stats for how much each team made on The Block 2023.
House 4 – Steph and Gian
Reserve: $3,350,000
Auction order: 1
Sold for: $5,000,000
Total profit: $1,650,000 (plus $100,000 prize money)
House 5 – Eliza and Liberty
Reserve: $3,250,000
Auction order: 2
Sold for: $4,300,000
Total profit: $1,050,000
House 3 – Kristy and Brett
Reserve: $2,970,000
Auction order: 3
Sold for: $3,035,000
Total profit: $65,000
House 1 – Kyle and Leslie
Reserve: $2,970,000
Auction order: 3
Sold for: $3,035,000
Total profit: $65,000
House 2 – Leah and Ash
Reserve: $2,970,000
Auction order: 5
Sold for: $3,125,000
Total profit: $155,000
Stream The Block 2023 on 9Now.
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