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Battlers' mate Therapeutic Albanese sells one of his investment properties for $2.35 MILLION

Albanese’s mega payday comes a day after the Labor leader confirmed the opposition party had dumped its negative gearing policy that is took to the 2019 election. The removal of negative gearing would have impacted property investors like Albanese.

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Federal opposition leader Anthony Albanese has sold a three-bedroom house in Sydney’s inner west for double what he paid nine years ago.

The Marrickville investment property with lush green gardens and modern interiors sold on Tuesday for $2.35 million ahead of a scheduled auction next weekend, according to realestate.com.au.

It was $1.2 million more than what he and his former wife Carmel Tebbut paid for the Marrickville residence in 2012.

This price has seen Albanese net about $133,000 for each of the nine years of ownership before tax, which is about $45,000 higher than the average annual income for full-time adults in Australia, according to the Australian Bureau of Statistics.

The sale price was also $250,000 more than the price guide set earlier this month by The Agency’s Shad Hassen.

Albanese’s mega payday comes a day after the Labor leader confirmed the opposition party had dumped its negative gearing policy that is took to the 2019 election. The removal of negative gearing would have impacted property investors like Albanese.

The Labor leader has built up a sizeable property portfolio during his time in politics with records showing he owns several properties in Sydney and a Canberra unit

His main residence is also in Marrickville and was purchased in 2006 for $997,500, while a Dulwich Hill duplex was purchased as an investment in 2015 for $1.175 million

The well kept property offered buyers two floors of living including an open plan loungeroom and kitchen space. Two bedrooms on the lower ground floor opened out to a deck and a grassed garden

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