Albanese Sells Investment Property Amid Sydney's Property Market Downturn

  • 📰 theage
  • ⏱ Reading Time:
  • 13 sec. here
  • 8 min. at publisher
  • 📊 Quality Score:
  • News: 29%
  • Publisher: 77%

POLITICS News

Anthony Albanese,Property Market,Dulwich Hill

Prime Minister Anthony Albanese successfully sold his investment townhouse in Dulwich Hill for $1.75 million amid Sydney's property market downturn. The property, originally listed for $1.9 million, saw its price reduced due to market conditions.

Prime Minister Anthony Albanese successfully sold his investment townhouse in Dulwich Hill for $1.75 million, a deal that was made amidst the downturn in Sydney's property market. The property, originally listed for $1.9 million, saw its price reduced due to market conditions. Albanese has expressed his intention to simplify his life and real estate portfolio before his upcoming marriage to Jodie Haydon.

The property's sale price is reflective of the recent local market conditions, which have seen a 92.8% increase in values since 2015. This news comes shortly after Albanese and Haydon purchased a property in Copacabana for $4.3 million

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 8. in İE
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Ireland Ireland Latest News, Ireland Ireland Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Anthony Albanese Sells Investment Property in Sydney for $1.75 MillionPrime 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.
Source: smh - 🏆 6. / 80 Read more »

Albanese's Sydney Investment Property Price ReducedPrime Minister Anthony Albanese's investment property in Sydney's inner west has seen a price reduction shortly after being listed on the market. The three-bedroom unit in Dulwich Hill is now for sale for $1.75 million, down from the initial asking price of $1.85 million.
Source: SkyNewsAust - 🏆 7. / 78 Read more »

Albanese struggles to offload Dulwich Hill investment propertyA month after pulling his inner-west home from auction, the prime minister has dropped the asking price further.
Source: smh - 🏆 6. / 80 Read more »