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Rudd bails on Canberra property market

By johnboy - 31 May 2013 8

The Australian has a story on the Rudd family putting their alternate Lodge in Yarralumla onto the market in the lead up to the September election.

Not a bad time to be getting out of the local market perhaps?

What’s Your opinion?


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8 Responses to
Rudd bails on Canberra property market
HiddenDragon 5:23 pm 31 May 13

farout said :

They did a complete knock-own-rebuild, which is not cheap in Canberra. This is how it looked when they bought in 2005
http://www.allhomes.com.au/ah/act/sale-residential/35-mueller-street-yarralumla-canberra-front-view/14139110750511?lid=3240808

That’s a nostalgic (and quite stunning) reminder of how Canberra’s inner suburbs have changed – from log cabin to palazzo, via the Lodge!

FioBla 3:04 pm 31 May 13

There’s a For Sale signs outside the house on Google street view.

farout 2:23 pm 31 May 13

They did a complete knock-own-rebuild, which is not cheap in Canberra. This is how it looked when they bought in 2005
http://www.allhomes.com.au/ah/act/sale-residential/35-mueller-street-yarralumla-canberra-front-view/14139110750511?lid=3240808

geetee 2:22 pm 31 May 13

JessP said :

Wow the people who bought it in 2005 and sold it to Kev did nicely.

Ah, those were the days……

well, they did have to demolish the fibro relic and pretty much re-build from scratch on that 700k block..

JessP 2:06 pm 31 May 13

Wow the people who bought it in 2005 and sold it to Kev did nicely.

Ah, those were the days……

HiddenDragon 10:36 am 31 May 13

I think I recently read that Therese has (just) slipped out of the BRW Top 200 Rich List, but with estimated assets still running comfortably into nine figures, a loss on the Yarralumla bolt-hole should be manageable.

I can’t imagine why KR would want to stick around for another term (even if it is foreshortened by a double dissolution), but that may be academic – in spite of his apparent personal following, the voters of Griffith may decide that it is time to move on, and things are looking very bad for federal Labor in Queensland.

tommy 10:01 am 31 May 13
Holden Caulfield 9:59 am 31 May 13

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