
It was a clean sweep for one bidder who went uncontested for a three-bedroom unit in Warrnambool this morning, while an opening offer for a Bushfield home took a while to warm up.
Eighteen people flocked to the auction at 3/5 Kielli Drive on Saturday but none were keen to top one man's opening bid of $560,000 which was already well below the minimum asking price of $599,000.
It was at third call before Ray White agent Jason Thwaites put forward a vendor bid of $580,000 - that was one-upped by just $5000 from the same bidder.
Eventually Mr Thwaites told the crowd he needed to seek instruction from the vendor, emerging 10 minutes later to offer any potential bidders one last chance to nab the property.
No further bids were received and the house was sold for $585,000.
The property was expected to fetch up to $658,000.
Meanwhile, the four-bedroom property at 39 Philmore Road, Bushfield was attended by about 20 people and received three bidders.
Buyers were hesitant and the auction kicked off with a vendor bid of $650,000.
The property eventually sold for $783,000 which was well above the expected price range of $680,000 - $730,000.
Ray White agent Jacob Broughton said it was a great result.
"It was at the top end," he said.
"Bushfield has always been attractive because it's close to Warrnambool but also has an element of seclusion which is what a lot of people look for," he said.
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Jessica Greenan
Journalist at The Warrnambool Standard covering Corangamite Shire Council. Sometimes court. Special interest in all things environment.
Journalist at The Warrnambool Standard covering Corangamite Shire Council. Sometimes court. Special interest in all things environment.