PM Albanese spends big on waterfront house with $4.3M.

The settlement will take place before the end of this month.

October 14th 2024.

PM Albanese spends big on waterfront house with $4.3M.
In a surprising turn of events, it has been revealed that Prime Minister Anthony Albanese has made a major purchase on the Central Coast of New South Wales. According to 2GB's Ben Fordham, the PM has acquired a stunning $4.3 million property in the idyllic beachside town of Copacabana.

The deal, which was finalized in September, is set to be completed by the end of this month. Albanese himself confirmed the news to 2GB during an exclusive interview this morning, describing the property as "cliff-top perfection." It seems that the PM is not one to shy away from a luxurious lifestyle, as evidenced by his new waterfront home.

Interestingly, this is not the first time that this property has changed hands in recent years. It was sold for $1.7 million back in 2017, before being bought for a whopping $4.65 million just four years later. Avoca Beach McGrath Real Estate handled the sale, with the final price coming in at $4.3 million. The property had been on the market for over a year before being snapped up by the PM and his partner.

Speaking of his partner, it seems that she played a major role in the decision to purchase this stunning property. Jodie Haydon, who is set to marry Albanese in the near future, has ties to the Central Coast and has many family and friends in the area. The PM expressed his excitement about starting a new chapter in their lives, saying, "Jodie is a coasty and spending time up there with her is just awesome. It will be nice to be closer to her parents and family one day."

It's not hard to see why Albanese and Haydon were drawn to this particular property. It has been described on Domain as a "large architecturally designed home" with breathtaking ocean views from every level. The property also boasts uninterrupted views of the Sydney skyline and is perfectly situated for sun-worshiping, whale watching, and enjoying stunning sunsets all year round.

This major purchase comes after the PM withdrew his three-bedroom townhouse in Dulwich Hill from auction earlier this year. This move raised some eyebrows, especially considering that he had issued an eviction notice to his tenant back in May. It seems that Albanese has traded up to a more luxurious and scenic location, and who can blame him? With a new marriage on the horizon and a stunning new home to enjoy, it looks like the PM is heading towards a bright and exciting future.

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