Phillip Island Block home sells $2.2m below Portelli

The Block home renovated by Courtney and Grant at Cowes on Phillip Island has sold for $1.125m, almost $2.2m below the $3.3m Adrian Portelli paid in 2024. One of The Block’s Phillip Island homes has sold for $1.125m, almost $2.2m below Adrian Portelli’s 2024 auction price. While the official sale price remains undisclosed, an industry source revealed Courtney McInnes and Grant Freeman’s House 2 fetched the far more affordable sum the second time it sold. The result is $2.175m, almost 66 per cent, below the $3.3m Portelli paid during The Block’s extraordinary Phillip Island finale. RELATED: Ex-Premier Ted Baillieu sells $8m+ Hawthorn home ‘I’m leaving’: Block star storms out over detail $55k Melb home sells after 44 years The four-bedroom Cowes property was marked sold on September 10 after most recently being advertised for $1.295m. But the enormous gap does not represent a $2.175m loss for Portelli. The billionaire bought all five Phillip Island homes for a combined $15.03m before using the resort through his LMCT+ rewards business. The four-bedroom Cowes home was marked sold after most recently being advertised for $1.295m. The owner of House 2 secured it through one of the givea...