Brighter And some

Where the pollies live – it’s not Canberra

by Karleen Jentz, Copywriter 30 September 2015

Our latest Prime Minister Malcolm Turnbull has appointed his new cabinet and has got straight to work examining their portfolios – that is their property portfolios.

Turnbull himself is one our wealthiest federal parliamentarians, as you may have guessed if you’ve seen his Point Piper waterfront mansion. He has opted to stay in his own home instead of taking up official residence in Kirribilli House across Sydney Harbour.

The Sydney Morning Herald reports the Prime Minister wants to stay close to his grandson. But as has previously reported – a move to Kirribilli would be a step down the property ladder for Turnbull.

Taking a look at his cabinet, it is good to see our Finance Minister Mathias Cormann also appears to be a savvy investor, with a portfolio of five properties in Western Australia. According to, he has recently listed one for sale – a three bedroom brick home in Perth’s beachside suburb of Waikiki.

Julie Bishop also owns real estate in Western Australia in the form of a large, waterfront apartment in the exclusive Perth suburb of Crawley. reports you could become a neighbour for just $4.3 million.

And has also done its research on a swag of other cabinet members, with Health and Sport Minister Sussan Ley’s residence perhaps among the more humble of locations, in the New South Wales town of Albury where the median house price is $438,000.

Julie Bishop - Foreign Minister & Dep Lib Leader

Owns a large waterfront apartment in the Crawley (Perth), according to title documents.

Scott Morrison - Treasurer

Lives in Dolans Bay, within Mr Morrison’s electorate of Cook in Sydney.

Warren Truss - Deputy PM

Owns 3 properties - Kumbia, Urangan (Hervey Bay) and Barton (Canberra).

Christopher Pyne - Industry, Innovation & Science

Owns a four bedroom home with a pool in Wattle Park. Last sold in March 2010 for $800,000.

Mathias Cormann - Minister for Finance

Owns five properties, including two commercial purchases in South Kalgoorlie.

Kelly O'Dwyer - Minister for Small Business

Bought a four bedroom house in Melbourne’s affluent South Yarra for $1.5 million in 2008.

Andrew Robb - Minister for Trade & Investment

Sold his five bedroom Edwardian in Brighton in 2012 for $2.4 million.

Sussan Ley - Health & Sport Minister

Ms Ley’s residence in the major regional city of Albury, on the border of NSW and Victoria.

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