Senator Matt Canavan buys rural Queensland retreat

The Federal Minister for Resources and Northern Australia Matt Canavan has bought up north.

He's secured a family home near Rockhampton, Queensland with his wife Andrea.

The palm tree-lined property cost the couple around $550,000.

It is set on 4,000 sqm near Yeppoon, just north of Rockhampton amid fruit and nut trees.

It has four bedrooms for the family of five.

It looks to be a smart purchase from the pollie, with it initially listed at $619,000. Those hopes were reduced to $599,000 then $585,000. 

Canavan still owns a Canberra bolthole, a Macquarie townhouse bought in 2009 for $499,500 just after he took a job at the Productivity Commission. A year later he was chief of staff in the office of Senator Barnaby Joyce.

Senator Canavan, the 36-year-old Minister for Resources and Northern Australia, has been considered a rising star since elected to represent the Liberal National party for Queensland in 2013 with Malcolm Turnbull appointing him to the ministry in 2016. He briefly stepped down during the citizenship saga last year.

This article was first published in the Weekend Australian property section.