Billionaire Danny Wallis wants a staggering $2500 a week for his Daylesford Block home
Serial block buyer and billionaire Danny Wallis is making headlines again, this time not because of his mysterious auction bids, but because of his ambitions in the rental market.
Wallis, who snapped up Robby and Matt’s House 5 in the 2025 Daylesford season, is now seeking $2500 a week for a four-bedroom flat at 1 Cedar Lane.
The high demand for rent comes as two other homes from the same controversial season continue to languish on the sales market, nearly four months after the final episode of The Block aired.
The luxury residence, which will be available from 20 February, is offered on a fixed two-year lease.
It is an important responsibility for any employer, especially given the current rental market.
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1 Cedar Lane, Daylesford is listed for rent at $2500 per week. Source: realestate.com.au
PropTrack data shows that Daylesford’s average rent is $528 a week – which is $1972 below Wallis’s investment expectations.
Meanwhile, a quick search on realestate.com.au for available rentals in Daylesford, a popular getaway just 90 minutes from Melbourne, shows just 12 listings.
Of these, 1 Cedar Lane is one of two buildings that dare to ask four figures.
Another, a beautiful four-bedroom villa from the 1860s, is available for $1395 per week, also fully furnished.
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Billionaire Danny Wallis bought the property at auction last year for $3,099.99. Source: Nine News
The decision to list the property for such a king’s sum comes after a truly disastrous auction end to the 2025 season.
Only three out of five properties sold on the day, with profit estimates falling far short of the billion-dollar waterfalls seen in previous years.
Adding to the drama, two homes in the series – Ben and Emma’s House 1 at 5 Cedar Lane, and Han and Can’s House 2 near 4 Cedar Lane – were passed through seller bids and are still looking for buyers.
Robby and Matt, best friends from South Australia who own House 5, were widely tipped to win the series thanks to their creative, game-changing wine cellar.
Four bedroom house available for rent fully furnished. Source: realestate.com.au
This feature alone earned them a perfect score of 30/30, leaving them crying tears of joy.
Although it wasn’t enough to get first place, it certainly caught the eye of Danny Wallis, who paid $3,099,999 for the place.
Danny Wallis, an IT entrepreneur and the main investor of The Block, bought 12 houses on the show since 2012, spending more than 45.9 million dollars.
Now, that famous wine bar, along with a stunning collection of artwork that includes pieces by Jade Torres and several Bromley works, will be available for tenant use – although it will be out of stock.
It also includes an amazing collection of artwork. Source: realestate.com.au
The listing paper states that certain furniture shown in advertisements may differ from actual items.
The four-bedroom, three-bathroom home also comes with a pool, solar, two large sheds and a large two-car garage with walk-in kitchen.
Property Manager Helena Eglezos of Belle Property suggests that while Daylesford is a popular area for short-term accommodation and holiday rentals, a tenant “of that quality at that time” is likely to be in the area.
You are looking for someone who is renovating or building in the area and you need high quality employment for 18 to 24 months.
Auction collapse: High reserves and missing millions
The 2025 Block auctions were shrouded in controversy, with competitors and industry analysts alike blaming high show-keeping prices for disappointing profits.
The notable absence of billionaire Adrian Portelli, who once spread huge amounts of money, also contributed to the low atmosphere.
The listing could set a new rental price record. Source: realestate.com.au
While West Australian winners Brit and Taz walked away with a total of $520,000 (including a $100,000 first-place bonus), Sonny and Alicia earned just $120,000, and Robby and Matt took home $55,000 each.
For the two couples, the homes remain unsold, and any profit remains a distant dream.
As the Daylesford market struggles with the Block’s unsold homes and billionaire rental prospects, all eyes will be on 1 Cedar Lane to see if a tenant is willing to pay top dollar for a piece of television history.
