The Block 2026: Mount Eliza auctions could deliver $1m stamp duty windfall, eclipsing Nine’s Sunbury land deal

The Victorian government could collect more than $1m in stamp duty from The Block’s five homes even if they sell at reserve.The properties at 2, 3, 4, 9 and 10 Mackillop Place, Mount Eliza, each have a $3.45m advertised reserve, leaving buyers facing $204,250 apiece in standard stamp duty at that price.Courtney and Sev are among five Block teams whose home sales could generate more in stamp duty than the $1m Channel 9 paid the Victorian government for next year’s Sunbury site.If all five sell for their reserves, the combined tax bill would reach $1,021,250, assuming no exemptions or concessions apply.RELATED: Portelli’s shock threat to Coles, WooliesShock $12m Mt Eliza result puts The Block on notice‘Don’t give a f**k’: Block star explodes That is $21,250 more than the $1m the government received from selling Channel 9 the 2.612ha former psychiatric hospital site at Jacksons Hill, Sunbury, for next year’s season of the renovation show.The Sunbury deal, recorded in September, involved three heritage-listed buildings requiring substantial restoration.The Department of Transport and Planning defended the sale price, saying independent valuers had determined the market value and it was...