# Clare O'Neil Net Worth: Australian Home Affairs Minister's Financial Profile
Clare O'Neil, Australia's current Home Affairs Minister and Member of Parliament for Hotham, has accumulated an estimated net worth ranging between $1.2 million and $2.8 million according to various financial disclosure reports and media analyses. As a senior Labor politician who has served in federal parliament since 2013, O'Neil's wealth primarily stems from her parliamentary salary, previous professional career, and strategic property investments that align with broader investment patterns among Australian federal politicians.
O'Neil's primary income source derives from her substantial parliamentary remuneration as a Cabinet Minister. The Home Affairs Minister position commands an annual salary of approximately $401,000, significantly higher than the base parliamentary salary of $217,000 for backbench MPs. Prior to entering politics, O'Neil worked as a management consultant at McKinsey & Company and held senior roles in the Victorian public service, experiences that likely contributed to her initial wealth accumulation and financial literacy regarding investment strategies.
## Property Holdings and Real Estate Investments
Property investments constitute a significant portion of Clare O'Neil's net worth, reflecting the investment preferences of more than half of Australia's federal parliamentarians who maintain at least one investment property. Parliamentary disclosure statements indicate O'Neil owns multiple properties in Melbourne's southeastern suburbs, including her primary residence in the Hotham electorate and at least one investment property. These holdings have likely appreciated considerably given Melbourne's property market performance over the past decade, with median house prices in her electorate area increasing substantially since her initial property purchases.
The Home Affairs Minister's property portfolio appears concentrated in Melbourne's established suburbs, where she has maintained strong local connections throughout her political career. Real estate industry analyses suggest her properties have benefited from infrastructure developments and urban renewal projects in Melbourne's southeast, contributing to capital growth that forms a substantial component of her overall net worth calculations.
## Additional Assets and Financial Interests
Beyond property holdings, O'Neil's financial disclosures reveal diversified investment interests including superannuation holdings and share portfolios, though specific details remain limited due to parliamentary disclosure requirements that only mandate reporting of interests above certain thresholds. Her professional background in management consulting likely provided her with sophisticated understanding of investment markets and wealth management strategies that have contributed to her financial position.
Clare O'Neil's estimated net worth of $1.2-2.8 million positions her within the middle tier of Australian federal politicians' wealth rankings, reflecting both her senior ministerial role and strategic investment decisions over her decade-long parliamentary career. As property markets and parliamentary salaries continue evolving, her net worth trajectory will likely depend on continued political success, property market performance, and broader economic conditions affecting her diversified asset portfolio.