‘Captain’s pick’ ex-MP Fiona Martin’s discounted East Ryde home finally sold

Former MP Fiona Martin, derided as a blow in, in her electorate, has finally offloaded her $3m home but not without a few hiccups.

Former Liberal Party federal member Fiona Martin has sold her East Ryde house – two weeks after its onsite mid-August auction, which took place with no bids from buyers.

There was just a $2.9 million vendor bid, which was followed by a $2,895,000 asking price.

There had been initial $3.4m hopes for the five-bedroom, three-bathroom house, which after one week on market had been revised to $2.9 million by the CobdenHayson selling agent George Gialouris.

There has been no sale price reveal.

Former Liberal Party federal member Fiona Martin has sold her East Ryde house – two weeks after its onsite mid-August auction, which took place with no bids from buyers. (Photo by Matt King/Getty Images)

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Martin, who represented the Reid electorate in Sydney’s Olympic Park precinct from 2019 until her May election defeat, had built the modern home in 2020 after demolishing the prior home.

Her building block had cost $1.2 million in 2018 when there had been $1.5 million hopes.

Dr Martin, a moderate Liberal, was described as Scott Morrison’s captain’s pick when she first ran, ­replacing the retiring local member and pub baron Craig Laundy.

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There had been initial $3.4m hopes for the five-bedroom, three-bathroom house.

Her residency became an issue prior to the 2022 election within Liberal Party branches with some branch members unhappy she lived outside the electorate.

She was a child psychologist ­before her parliamentary career, with Dr Martin declining to ­reveal her plans. But she retained her psychology practice website, which has recently been updated.

After one week on the market, the price had been revised to $2.9 million.

There has been no sale price reveal.

Her rival, Sally Sitou, has advised on her property ownership in the House of Representatives ­pecuniary interest update as co-owning a Homebush property since paying $900,000 in 2019 with her husband Rui Yi, plus a Marrickville ­apartment

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Originally published as ‘Captain’s pick’ ex-MP Fiona Martin’s discounted East Ryde home finally sold