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The Block stops Elle Ferguson and Joel Patfull fleeing to Byron Bay after buying a $4 million backcountry home – as they brace for a backlash when their surprise airs on TV By Chloe-lee Longhetti For The Australian Daily Surat Published: 6:35pm EDT, 19 July 2022 | Updated: 6:59pm EDT, 19 July 2022 Fashion influencer Elle Ferguson and her AFL star fiancé Joel Patfull have bought a small estate in the Byron Bay backcountry for $4 million. The couple, who left the upcoming season of The Block just 48 hours after production, visited an address in Ewingsdale, just 5km from the city of Byron Bay. They purchased the property, which consists of two small houses, in partnership with Elle’s sister, Lucie Ferguson, reports The Daily Telegraph. Fashion influencer Elle Ferguson and her AFL star fiancé Joel Patfull have bought a small estate in the Byron Bay backcountry for $4 million. They purchased the property, consisting

“The boom is over and property prices are dropping, at an accelerating pace,” said Shane Oliver, chief economist at AMP Capital. Buying agent Cate Bakos added: “This remains a highly segmented market with regional market and capital market prices falling and rising out of sync. Buyers are becoming more particular, which means well-renovated properties with amenities are still in high demand.” Shortage of building materials, rising renovation costs and difficulty finding experienced and qualified experts are making buyers increasingly reluctant to buy properties that require additional work, Bakos said. In Sydney, buyer’s agent Patrick Bright said there was an increasing “argy-bargy” in the market because of the possibility that prices would fall in the coming months resulting in buyers unwilling to pay the asking price. “That’s the mental gymnastics caused by growing negative sentiment,” says Bright. Prestigious properties with unique attractions, such as harbor views or proximity to