Shane Warne

Shane Warne drops the price on his $6.8M Brighton home by $1 MILLION after failing to sell it at auction

PHOTO: Going down: Shane Warne (pictured) failed to auction off his Brighton, Melbourne home on Saturday, with bidding reaching $5.65million – well short of the guide price. The former cricketer had hoped for between $5.8million to $6.38million for the home

Shane Warne failed to auction off his Brighton, Melbourne home on Saturday, with the bidding reaching $5.65million – well short of the guide price.

The former cricketer had hoped for between $5.8 million to $6.38million for the home, which cost him $5.4million in 2018.

Now he’s dropped the price by a whopping $1million – accepting offers over $5.8million, after originally asking for $6.8million to $7.4million in March.

According to Domain, the auction, was held outdoors next to the swimming pool and the opening bid was $5.5million.

Agent Jonathan Dixon of JP Dixon Real Estate told the website that he hoped a sale would be made in the afternoon despite the early result.

However, negotiations with a potential buyer did not reap the wanted result.

Lower: Now he's dropped the price by a whopping $1million - accepting offers over $5.8million, after originally asking for $6.8million to $7.4million in March. It cost him $5.4million in 2018

Lower: Now he’s dropped the price by a whopping $1million – accepting offers over $5.8million, after originally asking for $6.8million to $7.4million in March. It cost him $5.4million in 2018

Despite a handful of famous faces at the auction, those most interested in the property were ‘local people’ he went on to say.

Shane was not seen outside the property on auction day, however, he was spotted peeking through the curtains.

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