Emma McKeon, Cody Simpson Secure $2.1M Partnership Deal
Emma McKeon and Cody Simpson, notable figures in Australian swimming, recently made headlines with their real estate transaction on the Gold Coast. The couple finalized a significant $2.1 million sale on a property just months before their separation.
Property Details
The couple’s joint investment encompassed a newly constructed home in Labrador, featuring:
- Five bedrooms
- Three bathrooms
- Two car spaces
This property was built on a 505 sqm block and the purchase was completed in January 2023. Over a short period, they managed to sell the property within 45 days for a considerable profit.
Financial Overview
The home was acquired for $1.826 million. Following its sale in late 2022, the couple celebrated a profit of $274,000. Notably, the sale price exceeded initial valuations, which peaked at $2.01 million.
Gold Coast Market Insights
As demand continues to surge and supply remains tight in the Gold Coast real estate market, current estimates from RPData suggest that the property’s value may now stand at approximately $2.15 million.
Emma McKeon’s Real Estate Portfolio
Beyond the joint purchase, Emma McKeon possesses another property in Queensland. This residence includes:
- Three bedrooms
- Two bathrooms
- Two car spaces
Located on a 218 sqm block, this home was purchased for $625,000 in September 2018. Currently, its market value is estimated at around $1.31 million, with potential rental income reaching $1,100 per week.
Relationship Background
Emma McKeon and Cody Simpson were a couple for approximately four years. During her recent Olympic campaign, Simpson was a significant source of support for McKeon, who is a celebrated athlete in her own right.
As the couple embarks on separate paths, their collaboration in real estate serves as a testament to both their personal and professional journeys.
