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Northcote triple-brick home passes in on a vendor bid of $1.7 million

Sydney Morning Herald - Latest News·Melissa Heagney-Bayliss·3 days ago
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October 25, 2026 — 4:23pm

A triple-brick character home in Northcote, with a separate apartment attached, didn’t receive a single offer from a buyer at auction on Saturday, passing in on a vendor bid of $1.7 million.

The five-bedroom property at 173 Bastings Street had been advertised with a reserve of $1.8 million.

Collings Real Estate’s Chris Vrantsis said though there had been a lot of interest in the property, buyers had stepped back after the reserve was revealed, which is required by law under new Victorian auction rules .

“We had 30 to 35 people through the house and a few people came back quite a few times,” Vrantsis said. “But I think as soon as the reserve was shown they felt it was over the top.”

The property is now advertised for private sale with a $1,775,000 asking price.

The Northcote auction was one of 838 scheduled in Melbourne this week.…

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