
The sun was out but cashed-up buyers refused to bite at the city's weekend auctions, with one property failing to secure a single bid.
The three-bedroom property at 16 Fenton Street in Warrnambool's east attracted a crowd of about 25 people who were curious about the home expected to fetch from $540,000 - $580,000.
Ray White auctioneer Harry Ponting suggested an opening bid of $540,000, to no avail.
"Crickets," he laughed.
"Are we all done, just like that? 520, even 500 - give me something."
Following further silence, Mr Ponting put forward a vendor bid of $480,000, which did little to rouse the crowd. He was forced to pass the property in.
The sale of 10 Suzanne Crescent, in the city's west, produced a more favourable result for Mr Ponting.
The three-bedroom, two-bathroom home had an expected price range of $490,000 - $530,000.
A slightly larger crowd of about 30 attended and bids opened at $450,000.
The property sold under the hammer for $525,000.
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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.