Inside Albo’s $680pw rental home
Anthony Albanese has moved to evict a tenant at his Sydney investment property after years of “half-market” rent.
Jim Flanagan, 45, revealed on Thursday he had received an eviction notice after four years at the Dulwich Hill home.
The small business owner told Daily Telegraph he’d been given 90 days to leave as the landlord “could be selling”.
Coming after a $1.9 billion package was announced to cut rental costs, the cost of the home’s rent also raised eyebrows.
Mr Albanese told the ABC on Thursday the rent, slashed to $680pw during Covid and never raised, was “half market rent”.
For comparison, three-bedroom properties in Dulwich Hill are currently available for $800-$1200pw.
The Prime Minister is selling the home to “simplify his affairs” ahead of his wedding to Jodie Haydon.
Images of the home from the 2015 sale to Mr Albanese for $1.175m show modern bedrooms and living spaces.
The predominantly white modern kitchen features a gas stove top, leading into the 3.5mx6.9m dining/living area.
The floor plan includes two bedrooms on the second floor at either end of the home, ranging between 3mx3.8m in size.
A third, smaller bedroom abuts the bathroom, while the outside areas feature a covered porch and side passageway.
According to the listing, the home sits on an 154m2 plot, but does not feature any covered or allocated parking.
The property is reportedly now worth between $1.9-$2.2m, and joins his former live-in home in Marrickville.
That home is currently being rented for $1350pw.
Previously, Mr Albanese also owned a unit in Canberra.