Peter Dutton spent quarantine on his farm north west of Brisbane which has now been sold for a massive windfall. Picture: Lyndon Mechielsen/The Australian
Former federal Liberal leader Peter Dutton has scored a surprise windfall, after a savvy move delivered a major payday few saw coming.
In one of the biggest sales of its type across South East Queensland, the Duttons sold a 68.1-hectare property they bought in 2020 – securing just under three times the price they’d originally paid.
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The Duttons transformed the old farmhouse but kept its roofing iron in a nod to the past.
The stunning fireplace in the new extension, perfect for Queensland winters.
The property spans over 68 hectares, just 50km from Brisbane CBD.
Property records show the six bedroom, four bathroom lifestyle estate, located about 50km from Brisbane CBD, was sold on January 28 for a massive $6.15 million.
Aussies got their first real glimpse into the Duttons’ extensive restoration and renovation program when the listing by Vicki Pain of Ray White Dayboro-Eumundi went live in late November.
The Duttons’ 68.1-hectare lifestyle estate was one of the biggest sales in the area, with recent residential Dayboro figures showing houses on 516 sqm to 6,000 sqm blocks fetching $1.125 million to $1.895 million.
A handful of South East Queensland lifestyle estates over 60 hectares sold for prices ranging from $2.05 million to over $5 million at the time of the listing – including $2.05 million for a property at Traveston, an hour to Noosa, on a 65.67 hectare block, though a large-scale grazing operation at Miva spanning 1217 hectares (3,008 acres) sold for $5.7 million on November 3.
Ahead of the sale, Mr Dutton told The Courier-Mail the family “put in a lot of money and effort to refurbish” the property. “It’s time for us to downsize. Our youngest has just turned 20.”
File image of then defence minister Peter Dutton at his Dayboro farm alongside son Tom who was 16 at the time. Picture: Zak Simmonds
Mr Dutton has retreated from public life though he has taken on a board position in Queensland lately. Picture: Lyndon Mechielsen/The Australian
The Duttons restored the original farmhouse and added a stunning modern architectural extension with a jaw-dropping stone fireplace made with rocks collected from a creek on site. The luxurious estate had a new wet-edge magnesium pool put in, with a restored full-size tennis court, minigolf, and paddocks suitable for multiple rural uses – including holding cattle.
Social groups gushed over the work the family put into it, with some nostalgia from those linked to previous owners: “Always be Pop’s Farm. Looks absolutely unreal though!” Another added, “I would never have recognised it. It’s absolutely stunning. I love that they kept the old roof.”
Ms Pain, the agent representing the property, said earlier that “a lot of care, respect and detail has been put into this property”.
“The owner has carefully preserved and renovated the original Queenslander. They’ve engaged an architect and what they’ve been able to create here – an entire new wing that’s truly fitting to the Queensland lifestyle.”
