- THE day Matthew and Selina Cheeney sold their Malabar home was like cashing in a winning lottery ticket.
Their five-bedroom house changed hands last week for just shy of $2 million more than they bought it for five-and-a-half years ago, despite them making no structural changes to the home.
This earned them nearly $350,000 a year, or about $1000 a day.
READ MORE VIA NEWS.COM.AU
The Cheney family — Matt, Selina and boys Kynan (9) and Nate (6) — has just sold their Malabar home for nearly $2 million more than they paid four years ago. Picture: Toby Zerna