Anthony Albanese doubles his money on Sydney house

A day after Labor dumped its negative gearing policy, its leader scored his own property bonus as he sold his Marrickville investment home for $2.35 million.

The three-bedroom house sold less than five days before Saturday’s auction.

Lucy Macken

Jul 28, 2021 – 7.43am

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Labor leader Anthony Albanese enjoyed his own uptick in news from the housing market on Tuesday, less than 24 hours after the party officially dumped its negative gearing policy, when he and former NSW deputy premier Carmel Tebbutt sold their Marrickville investment property for $2.35 million.

The bullish sale price more than doubles the former couple’s purchase price of $1.115 million nine years ago and comes less than five days before it was scheduled to go to auction.

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