Jobe Watson takes home Brownlow but can't unload Albert Park investment cottage

Brownlow medalist Jobe Watson's investment property play hasn't been as stellar as his 2012 onfield performance.

His three-bedroom Albert Park investment cottage lingers unsold on the market, having been initially listed in early August and passed in on a vendor bid of $970,000 at its September 1 auction.

The Richardson Street was purchased for $930,000 in December 2007, having previously traded at $880,000 in mid-2007.

Recent inspectees were told there was a flexible $980,000 asking price on the attractive freestanding double-fronted Edwardian brick residence.

"It has exquisite period features is ideally positioned to enjoy the desirable Albert Park lifestyle," says the Cayzer Real Estate Albert Park marketing details.

No asking price has been officially given on websites. 

Watson lives elsewhere in Albert Park, where he paid $780,000 in 2009.