A real estate agent who handled Han and Can’s dismal auction has weighed in on The Block’s shock finale.

No bids were made on the couple’s sprawling four-bedroom, three-bathroom Daylesford home, which had a reserve price of $2.99 million.

Auctioneer David Holmes believes the figure was too high for the rural town where the median house price is $800,000.

Blockheads Emma and Ben also went home empty-handed, while the three properties that succeeded in finding buyers all had underwhelming sales.

Holmes, who has been involved with 10,000 auctions, told realestate.com that another challenge for The Block 2025 was the location.

Daylesford, 114 km from Melbourne, has a population of 3,000, and high-priced auctions are unknown in an area dominated by ‘mum and dad’ buyers.

An insider has weighed in on The Block’s dismal Daylesford auction, which saw a no sale for Han and Can’s House 2. Pictured: The couple during the auction on Sunday

No bids were made on the couple’s sprawling four-bedroom, three-bathroom home, which had a reserve price of $2.99 million. (Pictured)

Real estate professional David Holmes, who handled the couple’s auction, says that the figure was too high for the rural town where the median house price is $800,000. Pictured: Han and Can celebrate the completion of their house

‘I really feel as though the supply-and-demand scenario wasn’t looked at as efficiently or as accurately as it should have been,’ he said.

‘You are looking at five properties that they’re asking essentially $3million to $3.5million in a market where $2.7million is a really high price for a very stunning architectural home.’

He added that for those prices, buyers could find a similar luxury pad in Byron Bay or the Yarra Valley.

Han and Can’s home is back on the market with a price guide of $3million to $3.3million.

Holmes said that the couple have hopes of finding an investor who wants to open an Airbnb in an area.

It comes after a secret off-camera discussion before The Block’s auction finale recently came to light.

Series auctioneer Tom Panos lifted the lid on what really went down behind the scenes – revealing that agents and bidders already knew the properties were overpriced before filming began.

Panos, who handled the sale for second-placed duo Robby and Mat, said bidders had disclosed their limits in private talks ahead of the televised auctions – and those limits were well below the producers’ sky-high expectations.

Holmes, who has been involved with 10,000 auctions, told realestate.com that another challenge for The Block 2025 was the location. Pictured: One of four bedrooms

Daylesford, 114 km from Melbourne, has a population of 3,000, and high-priced auctions are unknown in an area dominated by ‘mum and dad’ buyers. Pictured: One of three beautiful bathrooms inside Han and Can’s House 2

‘Without a doubt, the properties were above market value,’ Panos told realestate.com.au.

He added that the reserve price of all the houses at the auction – ranging from $2.94million to $2.99million – was several hundred thousand dollars more than most bidders were willing to pay.

‘Ask real estate agents in Daylesford what the right values of these properties were… they would say mid to high $2 million,’ he said.

‘If you think about it, the prices that some of the contestants on the show got were pretty good for the area, but unfortunately just not at the level the contestants would have expected.’

Panos added he suspected the auction would be a bust when some of the pre-bidding was significantly below the asking price.

‘I was concerned. We had a few registered bidders but they had all been talking $2.7million,’ he said.

The Block’s nail-biting grand finale aired on Sunday night and furious viewers have lashed out at the show for being ‘out of touch’ after the auction saw only one of the five teams net a big win.

WA couple Britt and Taz took out the top sale of the day – offloading their stylish House 3 for an impressive $3.41 million, as the fan favourites walked away $420,000 richer – adding to that, a $100,000 bonus prize, netting them a total $520,000.