Melbourne, Dec 15 : The asking price for an island owned by Aussie pop princess Kylie Minogue and her family has been reduced after the original price did not attract buyers.

The island, Beauciel, on Victoria''s French Island, has been put up or sale since February, and it had received some offers but not what Minogue and her family, who are co-owners, wanted.

The original asking price of 1.2 million dollars has now been dropped to between 950,000 dollars to 1,050,000 dollars, reports News. com. au.

The property, which has two bathrooms and sweeping bay views, had been bought three years ago, and a lot of work had been put in to the kitchen, dining areas and gardens extensively

Agent Hendrik Boer, of Hocking Stuart in Rye, said buyer interest has increased since the price drop. (ANI)