The opposition leader has bought and sold a dozen houses and apartments since he was 20, sometimes making multimillion-dollar gains and stirring controversy.
It is a truth universally acknowledged that when well-established homeowners reminisce about their first home they either exaggerate how cheap it was or how young they were when they bought it.did the latter on Tuesday when, during a press conference to try out his new, softer image, he instead slipped into property bragging.
At the time, the median house price in Brisbane was $113,000, according to the Australian Bureau of Statistics.Two years later, Mr Dutton made a 25 per cent gain on that apartment when he sold it for $116,500. That was despite Brisbane’s median rising only 14 per cent in that time.Like so many of his generation since then, Mr Dutton has done well from Australia’s soaring property values of the past three decades.
reported the family-friendly spot had been wrecked by close personal protection officers chasing people off.Mr Dutton later claimed that “liability issues” prevented locals from returning to their favourite swimming hole.The Duttons also own a three-bedroom apartment in Brisbane’s Riparian Plaza tower. They bought it from Toowoomba millionaire John Wagner a year ago for $2.7 million.