Outgoing AFL boss Gillon McLachlan is selling an $8 million Melbourne home after a recent $13.5 million purchase

Outgoing AFL CEO Gillon McLachlan and his wife Laura have sold their luxurious Melbourne home for $8 million – the couple recently bought a home in the same suburb for $13.5 million.

McLachlan, who will step down from his position in late April or May this year, has initially put his Prahan home up for sale with a target price of $10 million to $11 million.

Gillon McLachlan and his wife Laura (pictured) have sold their luxurious Melbourne home for $8million – the couple recently bought a $13.5million home in the same suburb

McLachlan, who will step down from his position in late April or May this year, has initially put his Prahan home up for sale with a target price of $10 million to $11 million

The lavish residence on one of the suburb’s best streets was later reduced to between $8.8 million and $9.3 million after demand for properties worth over $10 million fell.

However, the property’s value has doubled in the past decade, with records showing that McLachlan and his wife bought the home in 2012 for $4 million.

The high-end six bedroom home is one of only two homes in the suburb with a tennis court.

The luxurious 1189 sqm property also features a swimming pool, outdoor entertaining area, butler’s pantry, double garage and an open plan living room with bar.

The luxurious 1189 sqm property also features a swimming pool, outdoor entertaining area, butler’s pantry, double garage and an open plan living room with bar

A seller in 2022 described it as being within walking distance of “every conceivable convenience you could want” and said it would suit a family home buyer

A seller in 2022 described it as being within walking distance of “every conceivable convenience you could want” and said it would suit a family home buyer.

The couple recently bought a $13.5 million two-story mansion in the same upscale neighborhood.

McLachlan is nearing the end of his tenure as AFL chief after spending nine years at the helm.

McLachlan is nearing the end of his tenure as AFL chief after spending nine years at the helm

He started in that position in 2014 and planned to retire a few years ago, but agreed to remain in the role when the COVID-19 pandemic hit.

The AFL has yet to announce who will replace McLachlan and become the competition’s fourth CEO in the past 26 years.

Leading candidates for the role include legal counsel and AFL executive Andrew Dillon, GWS boss David Matthews and Sydney CEO Tom Harley.