Peter Dutton, the man with aspirations to be Australia’s next prime minister, has amassed a tidy property portfolio worth millions of dollars.

The 47-year-old former drug squad police officer has been an active property investor since 1992, when he was made a director of the family trust, Dutton Holdings.

Eight investment properties from Brisbane to Gladstone totalling more than $2 million were bought and sold until he stepped down as a director in late 2006.

These days, he counts a glamorous $2.3-million beachfront weekender at Queensland’s Palm Beach among his investments, which records show he bought in 2014.

Perched on Jefferson Lane, also known as “Millionaire’s Row”, the exclusive strip counts surfing legend Kelly Slater and Seven Group Holdings chief executive Ryan Stokes among its residents.

Dutton and his wife are drawing $1500 a week in rent from the Palm Beach property.

His family home in his electorate of Dickson, an acreage estate in the hinterland behind Brisbane in Camp Mountain, is a six-bedroom house with a swimming pool on two hectares, which he purchased in 2003 for $710,000.

He reportedly bought an apartment in the Canberra suburb of Kingston in 2012, then added an investment apartment in The Johnson at Spring Hill, Brisbane, for $629,500 in 2016.

It was bought from Melbourne-based developers Asian Pacific Group (since rebranded as the Deague Group).

More recently, the aspiring prime minister’s wife, Kirilly, sole director and owner of another family trust, RHT Investments, purchased a retail outlet.

Records show the Edison Plaza Shopping Centre, with its 11 retail tenancies in Townsville, was bought in 2016 for $760,000.

The Duttons’ property investments are now estimated to be worth more than $5 million.

Kirilly Dutton also remains a director of the Bald Hills Child Care centre, registered to Dutton’s Camp Mountain home. Sole ownership of the company is held by Dutton’s builder father, Bruce Dutton.

But Dutton’s property portfolio pales in comparison with the man he wants to depose, Malcolm Turnbull.

While Mr Dutton’s family home is likely to be worth over $1 million, Mr Turnbull’s family home, a vast waterfront estate in Point Piper, Sydney, is estimated by prestige agents to be one of Australia’s most expensive homes.

The 1930s Mediterranean-style home Turnbull owns with his wife Lucy, is considered to be on a scale and grandeur similar to the nearby mansion Altona, which sold for more than $60 million in 2016.

Set on 1940 square metres of beachfront land, with a swimming pool, boatshed and private jetty, prestige agents say it’s one of Australia’s most expensive homes.

The Turnbulls also own a Hunter Valley farm and an apartment in New York.

Other leadership applicants have more humble property portfolios.

Treasurer Scott Morrison and his wife, Jenny, own their family home at Port Hacking they purchased in 2009 for $920,000.

The three-bedroom house with a swimming pool on 696-square metres is the only property registered on property records and on his Members’ Interests Register

At the time the couple were coming from Bronte, where the 50-year-old minister grew up.

The teenage sweetheart couple had bought their two-bedroom Californian bungalow on Bronte’s Lugar Brae Avenue in 1995 for $330,000.

The Treasurer, known as ScoMo, entered politics running in the seat of Cook in the Sutherland Shire in 2007 and two years later sold the Bronte house he owned with Jenny for $985,000.

Helping the couple fund their Port Hacking home in 2009 was the sale of a cottage in Blackheath in the Blue Mountains for $347,000, which offered only a marginal gain on the $325,000 purchase of it in 2003.

The Treasurer’s first home was a company-title apartment in Bronte, which records show last traded in 1997 for $281,000.

Foreign minister Julie Bishop lives in her West Australia electorate of Curtin where she owns a Crawley apartment overlooking the Swan River.

She bought the apartment a year after she was elected to parliament in 1998 after her former home, a Federation house in Claremont, was broken into while she was in Canberra.

Ms Bishop told News Corp in 2013 that it had a wonderful garden and had been owned by a lord mayor of Perth, but was a lot of upkeep and maintenance. “I couldn’t possibly do that now,” she said at the time.

She also owns an investment property in Canberra and in her South Australian hometown of Basket Range.