Former state premier Annastacia Palaszczuk’s home up for auction

Former state premier Annastacia Palaszczuk, who led the campaign to win the 2032 Olympics for Brisbane, has decided to sell her clifftop home in the future host city.

Reza Adib and Annastacia Palaszczuk pictured at the Magic Millions race day in Queensland. Picture by Luke Marsden.

Former state premier Annastacia Palaszczuk, who led the campaign to win the 2032 Olympics for Brisbane, has decided to sell her clifftop home in the future host city.

The Seventeen Mile Rocks property has been listed to go under the hammer a week after the federal election, at 10am on Saturday May 10.

MORE: Albo, Dutton wage war on key election issue

Annastacia Palaszczuk resigned as Queensland premier in December 2023.

Ms Palaszczuk, who resigned as premier in December 2023, had bought the block in 2005 for $260,000 with the home built in 2006, according to property records.

The suburb’s median house price now sits at $1.075m after prices rose by 69.3 per cent in the past five years alone. Valuation estimates show the home could fetch anywhere from $1.39m to $1.77m and rent from between $826 to $1,100 a week.

MORE: Shock: Brisbane prices to smash Sydney

Australia’s biggest political property moguls revealed

A social media post picturing former Queensland Premier Annastacia Palaszczuk (3rd from left) with her father Henry Palaszczuk (1st left) and Milton Dick (blue shirt) during the Vietnamese Tet festival in Inala. Picture Instagram

Ms Palaszczuk took over the seat of Inala from her father Heinrich Palaszczuk after he retired in 2006. He was a minister in Queensland’s Beattie government,

Property records show that when the sale goes through, the ex premier will have one property remaining in Queensland, a one bedroom unit in Main Beach on the Gold Coast bought in June 2019 for $705,000.

A listing by Saeed Moghaddam of Brisbane Real Estate – Chapel Hill described her Seventeen Mile Rocks home that’s up for auction as being in a tightly held enclave with Ms Palaszczuk’s home sitting on a North facing 1,094sq m block.

It was said to have “a voluminous kitchen, open-plan living and dining, and an enormous entertainer’s balcony”.

MORE: See the Aussies who put their pets first when buying a house

Un-beer-lievable: SEQ costlier than Melbourne for housing, food, grog

A file picture of Annastacia Palaszczuk with her nephew Harry and his dog "Oakey" at her home, ready for an earlier state election campaign to begin. Picture: Adam Heads

The incoming owner would be only the second person to ever own the home which is close to St Aidan’s, Rocks Riverside Park and local shops.

“Insider’s secret … You’ll spot the lorikeets before you hear them, they love the tropical gardens out front,” the listing said. “And if you’re up early enough, you might even catch the mist rising over the ridge as you walk the trail to Riverside Park.”

MORE QLD REAL ESTATE NEWS

Originally published as Former state premier Annastacia Palaszczuk’s home up for auction