PHOTO: Sarah and George took home $650,002 after the house sold for $4,000,002. Photo: Supplied
The Block auctions for 2020 will be remembered for high prices and big wins for all contestants. The staggering $3,332,002 in prizemoney is the highest amount won in The Block’s 16 season history.
Most of the contestants this year are in their 30s, at the stage of life when many people have big expenses – kids and, of course, the cost of housing. So just how do they plan to spend their cash?
Jimmy and Tam Wilkins won the day with a record-breaking result, their 1950s-inspired home selling for $966,000 above their reserve price for a total of $4.256 million. With the $100,000 prize money on top, that makes them the first Block millionaires.
“Taking out the win means a whole lot to us, but what means more is that everyone else did really well,” Jimmy said.
And what will they do with their $1 million-plus win?
“The answer to that is we have no idea! The end goal for us is to buy a house, because we rent at the moment,” Tam said. “That was one of the reasons we came on the show because of our daughter Frankie – we wanted to buy a house for her.”
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