The weather may have been sunny but the region's six auctions ran hot and cold today with half of all properties being passed in.
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There was no middle ground with the half-dozen sales performing either exceedingly well or requiring drawn-out negotiations.
The four-bedroom, two hectare property at 695 Princes Highway, Illowa was expected to fetch anywhere from $1.1 to $1.2 million at auction but a small crowd of about 10 produced an opening bid of just $950,000.
That property was passed in, although negotiations are ongoing.
Harris and Wood agent Danny Harris had more success with his next auction, which was the townhouse at 1/4-6 Banyan Street, Warrnambool.
About 30 people attended and strong bidding between three people saw the property sell under the hammer for $95,000 above the top of the expected price range for $815,000.
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Ray White's Fergus Torpy also saw great success with 109 Aberline Road, Warrnambool. A large crowd of about 40 people attended, with three active bidders.
The auction opened with a bid of $760,000, within the expected price range, and sold for a whopping $902,000 to an out-of-town bidder.
Falk and Co's David Falk had less luck with 16 Macland Drive, Warrnambool which was passed in at $540,000.
Negotiations are ongoing, but the property was expected to fetch anywhere from $580,000 to $620,000.
Negotiations are also continuing for Danny Harris' 46 Howard Street, which was valued at $550,000 - $580,000 but passed in.
Finally, Ray White's auction at 93 Harrington Road, Warrnambool sold within the expected price range of $540,000 to $590,000, eventually going under the hammer for $580,000.
There was just one bidder for the property, who was local.
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