A three-bedroom period house in South Yarra, featuring heritage elements and off-street parking, is listed for sale for the first time in nearly 50 years. Multiple outlets report that despite marketing and an agent characterizing the process as reflecting a “shift in the market,” no bids are made during the auction. The property is passed in at a vendor bid of $1.5 million, with the sale not proceeding to a successful auction result. The coverage is consistent across sources on the home’s key characteristics—three bedrooms, off-street parking, and period/heritage features—and on the timeline, noting it is the first time the home has been offered in almost five decades. All reports frame the outcome as an auction result affected by buyer response at the stated price level, with the vendor deciding to hold the property after the lack of external bids.