The family who paid opposition leader Bill Shorten and his ex-wife Debbie Beale $1.75 million for their outgoing marital home in Moonee Ponds eight years ago sold it last Saturday for $3.01 million - a 72 per cent capital gain.
Maynooth, in tree-lined Laura Street, one of the north-western suburb's most exclusive thoroughfares, had hit the market last month with $2.8 million-plus price hopes.
The renovated red brick double-storey home with four bedrooms, sits on 843 square metres around the corner from Puckle Street.
Mr Shorten is still a regular at that popular retail strip after almost immediately relocating to another historic home nearby, with his then-girlfriend Chloe Bryce, with whom in 2009 he had a daughter, Clementine.
Ms Bryce, the daughter of former governor-general Quentin, went on to wed Mr Shorten at the end of 2009.
The former AWU National Secretary - who had developed a media profile following the Beaconsfield mining disaster - had only recently moved to the House of Representatives winning the safe seat of Maribyrnong in 2007.
Following came a political career early on dogged in controversy for both his support, and lack of support, for two federal leaders: Kevin Rudd and Julia Gillard. He has since enjoyed support as opposition leader for the past three and a half years.
Maynooth at 16 Laura Street was sold in December 2008, and last weekend, by Nelson Alexander. Agents Andrew Johnston and Milo Rasinac managed the recent auction.
The property also included a deep solar heated pool and rooftop terrace showing off the elevated area's city views. Sources speculate the Shorten's nearby family home would be worth in excess of $3 million, too.
