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Former Labor MP sells $25m Vaucluse trophy home to buy $35m mansion

Former Labor MP sells $25m Vaucluse trophy home to buy $35m mansion

Ros Kelly and her husband, who used to be Westpac’s CEO, have swapped their desirable dwelling for a more expensive house in the same elite Sydney suburb.

Former Labor MP Ros Kelly and her husband, former Westpac chief David Morgan, were supposed to be trading down their eastern suburbs real estate when they sold their $25 million waterfront home in Vaucluse this month.

After all, the couple often spend time at their long-held Southern Highlands property. There are also frequent trips to the US given Morgan’s role as Europe and Asia Pacific chairman of New York-headquartered private equity investment giant JC Flowers.

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Original URL: https://www.afr.com/property/residential/former-labor-mp-trades-in-vaucluse-trophy-home-to-buy-35m-mansion-20211213-p59gz8