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A list of Australia's top politician property investors as been revealed amid rising pressure for the government to fix the country's housing crisis. While many Aussies are struggling to find somewhere to live and afford increasing rent prices and mortgages, it was recently revealed the top 15 politician property owners own 88 homes between them.
Analysis of the Register of Members' Interests of the 47th parliament completed by Realestate. Two of his companies - Wallco Property Group and QHF Properties - also host an extensive property portfolio with the former alone involved in more than a dozen real estate deals.
Wallco currently owns land in Monkland and Bli Bli, both in Queensland. The second home is currently listed for sale, accepting 'best offers'. A list of Australia's top politician property investors as been revealed with Prime Minister Anthony Albanese centre right failing to crack the top Andrew Wallace's company Wallco Property Group is involved in over a dozen property deals and currently owns this Bli Bli home on Queensland's Sunshine Coast listed for sale, accepting 'best offers'.
Western Australian-based Forrest MP Nola Marino held the largest property portfolio on the register with eight properties totalling plus hectares. Almost all are farms used for the production of dairy, beef and hay as well as sales, breeding, racing and leasing thoroughbred horses. They have been owned alongside her spouse for decades with the couple only owning one residential property. Mrs Andrews recently sold one of her seven properties in Ayr in Queensland's Burdekin region but quickly made up for the missing real estate through the purchase of another investment in Toowoomba.