Anthony Albanese Sells Investment Property in Sydney for $1.75 Million

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Politics News

Anthony Albanese,Prime Minister,Property Market

Prime Minister Anthony Albanese has successfully sold his investment townhouse in Dulwich Hill for $1.75 million, a reduction from the initial asking price of $1.9 million. The sale comes at the end of a busy week for Albanese and amid concerns over the Sydney property market's decline.

Prime Minister Anthony Albanese recently sold his investment townhouse in Dulwich Hill for $1.75 million, marking the end of a busy week. The property was listed for $1.9 million in September but due to Sydney's deteriorating property market, the sale price was reduced. The three-bedroom semi-detached residence had previously traded for $1,175,000 nine years ago. Albanese's decision to sell reflects his intention to simplify his life before his upcoming marriage to Jodie Haydon.

The property made headlines earlier this year due to objections from tenant Jim Flanagan, the owner of a local music venue. Albanese's purchase of a house on the Central Coast for $4.3 million has also raised eyebrows among his colleagues given the current cost-of-living crisis

 

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