Julia Gillard hopes renovations lift her above the median as she lists long-time Altona home

Jonathan ChancellorNov 13, 2013

Julia Gillard has listed her longtime Altona home.

The former prime minister's modest brick home on its 603 square metre block has been scheduled for December 14 auction.

Her south-west Melboune has been listed as she pursues her post-political life in her hometown, Adelaide.

Earlier this week she moved out, along with the furniture, putting the home on the market, ending 15 years in the electorate.

Jas Stephens agent Anna Grech expects the three-bedroom 1960s Medford Street home to fetch $600,000 plus.

altona-nov-15-floor-plan

I note her Altona house cost $140,000 in 1998 - slightly less than Altona's then $155,000 median price.

RP Data puts Altona's median currently at $545,000, thereby suggesting, on current pricing estimates, that there have been quite substantial improvements.  Or she bought very well or has ambitious expectations.

It was renovated in 2008, adding an extra room, ensuite in the main bedroom, and a deck out the back.

"She loves the seaside suburb, she's moved now to a seaside suburb," Ms Grech told the local paper.

 

Jonathan Chancellor

Jonathan Chancellor is one of Australia's most respected property journalists, having been at the top of the game since the early 1980s. Jonathan co-founded the property industry website Property Observer and has written for national and international publications.