Television personality Rebecca Judd and her former AFL champion husband Chris have suffered a significant financial blow after their luxury Arthur's Seat property sold for a substantial six-figure loss.
Multi-Million Dollar Property Gamble Goes Sour
The high-profile couple purchased the lavish Mornington Peninsula retreat back in 2017 for $2.3 million, viewing it as a prime investment opportunity in one of Victoria's most sought-after coastal locations.
However, property records reveal the stunning home recently changed hands for just $1.85 million – representing a staggering $450,000 loss for the Judd family, not accounting for additional costs like stamp duty and agent fees that would push their total financial hit even higher.
Architectural Masterpiece Fails to Deliver Returns
The property, nestled in the exclusive Arthur's Seat area, boasts impressive features including:
- Multiple living areas with panoramic views
- High-end architectural design
- Premium finishes throughout
- Expansive outdoor entertainment spaces
- Prime positioning on the Mornington Peninsula
Despite these premium attributes, the luxury home failed to deliver the expected financial returns, highlighting the unpredictable nature of even high-end property investments.
Celebrity Real Estate Portfolio Takes Hit
For Rebecca Judd, known for her successful television career and popular blog, and Chris Judd, the decorated former Carlton and West Coast Eagles captain, this represents a rare financial misstep in their otherwise successful investment history.
The couple maintains an extensive property portfolio, including their primary family residence in Brighton, making this Arthur's Seat loss particularly noteworthy given their typically astute property decisions.
Market Conditions Challenge Even the Wealthy
This substantial loss serves as a stark reminder that even celebrity status and significant financial resources cannot guarantee property investment success. The Mornington Peninsula market, while generally robust, has shown vulnerability in certain segments, particularly affecting luxury holiday properties.
The Judd's experience underscores the importance of careful market research and timing in property investment, regardless of one's financial standing or public profile.