A real estate agent says two townhouses failing to sell at auction at the weekend is not an indication the Border's housing market is cooling off.
Situated on the same block in Thurgoona, 33 and 35 Dunne Crescent went under the hammer on Saturday morning but only one of the properties attracted an interested buyer.
Ian Ritchie, of Ian Ritchie's Real Estate, said the lack of interest was partly due to COVID-19 now being more widespread in the community.
IN OTHER NEWS:
"We blame to some extent the virus's influence on people's abilities to get around and do things to some extent," he said.
"The weather over the last three or four days certainly set us up for a nice Saturday morning, so the conditions were perfect.
"But the attendance and the overall market response was fairly ordinary, fairly poor."
The properties, located within easy reach to Thurgoona Plaza, schools, sporting grounds and a short drive to the centre of Albury, have since been offered up for private sale.
"Unit 33, which was the three-bedroom property, we had only one commitment to it, but they didn't show any inclination to bid," Mr Ritchie said.
"Unit 35 had no commitments to it at all."
Mr Ritchie said the outcome didn't meant the local housing market was slowing down.
"In terms of the market going off the boil, I don't think that's the case here in Albury," he said.
"I think there's quite a lot of commitment to property and we're dealing with other properties and we're getting quite a lot of very strong attention to them.
"So on that basis I don't know if the meltdown, as such, is happening at all as yet.
"There's been other comments made about other markets in other places, that they're cooling a bit, but I haven't seen any evidence of that here."
Our journalists work hard to provide local, up-to-date news to the community. This is how you can continue to access our trusted content: