By . Daniel Mills for Daily Mail Australia . Michael Clarke is selling his Lilli Pilli home . Australia cricket captain Michael Clarke's property portfolio is set to take a dive with this stunning  Sydney mansion expected to sell for less than the 2006 price he paid for it. Clarke, who recently bought an $8.5 million mansion with wife Kyly, has the  1,667sqm of waterfront property in Sydney's southern suburb of LilIi Pilli listed with McGrath Real Estate and it is forecasted to sell for $2.7 million at auction. If it reaches the clearance price, Clarke, who failed to sell the home for $3.4 million in 2009 will make a $170,000 loss on the $2.87 million home he paid for eight years ago. The contemporary five-bedroom home, Clarke's first investment property, is located in the Sutherland Shire close to where Australia's middle order batsman's parents live. Among its hallmark features it boasts a stunning national park backdrop and sweeping riverfront views and four bathrooms. The split-level property also comes with pool, spa and boatshed. Clarke and wife Kyly moved out of their Bondi base earlier this year into the newly acquired Vaucluse home, also in Sydney's east. The pair paid $8.5 million for the property after the previous owners agreed to drop the price down from $9.5 million. The five-bedroom contemporary Lilli Pilli home offers incredibly expansive views of Gannons and Turriel Bay . Part of the property's appeal is a swimming pool, jet spa, boathouse, slipway and boatshed . Michael Clarke's first investment property failed to sell in 2009 for $3.4 million . The $2.7 million price guidance for the 30 August auction is less than Clarke's 2006 purchase price . The property offers a vast open-plan main living area with high a vaulted ceiling . The five bedroom home has enough room to accomodate a large or extended family . Clarke paid $2.87 million for the home in 2006 and has renovated it since . The property offers Numerous entertaining terraces, tiered lawns, lush greenery . The bathrooms are described as 'chic' Michael Clarke bought a Vaucluse home earlier this year for $8.5 million when the previous owners agreed to drop the price down from $9.5 million . The 1,667sqm waterfront land has majestic river views to Sydney's Royal National Park .
Michael Clarke is tipped to make a $170,000 loss on the south Sydney pad he paid $2.87 million for in 2006 .
The home was the first investment property the cricketer bought, which is close to his parents Sutherland home .
Clarke and wife Kyly moved out of Bondi earlier this year into a $8.5 million Vaucluse home in Sydney's east .
The Lilli Pilli home is going to Auction at the end of this month and has amazing riverfront views, four bathrooms and five bedrooms .
By . Daniel Mills for Daily Mail Australia . Michael Clarke is selling his Lilli Pilli home . Australia cricket captain Michael Clarke's property portfolio is set to take a dive with this stunning  Sydney mansion expected to sell for less than the 2006 price he paid for it. Clarke, who recently bought an $8.5 million mansion with wife Kyly, has the  1,667sqm of waterfront property in Sydney's southern suburb of LilIi Pilli listed with McGrath Real Estate and it is forecasted to sell for $2.7 million at auction. If it reaches the clearance price, Clarke, who failed to sell the home for $3.4 million in 2009 will make a $170,000 loss on the $2.87 million home he paid for eight years ago. The contemporary five-bedroom home, Clarke's first investment property, is located in the Sutherland Shire close to where Australia's middle order batsman's parents live. Among its hallmark features it boasts a stunning national park backdrop and sweeping riverfront views and four bathrooms. The split-level property also comes with pool, spa and boatshed. Clarke and wife Kyly moved out of their Bondi base earlier this year into the newly acquired Vaucluse home, also in Sydney's east. The pair paid $8.5 million for the property after the previous owners agreed to drop the price down from $9.5 million. The five-bedroom contemporary Lilli Pilli home offers incredibly expansive views of Gannons and Turriel Bay . Part of the property's appeal is a swimming pool, jet spa, boathouse, slipway and boatshed . Michael Clarke's first investment property failed to sell in 2009 for $3.4 million . The $2.7 million price guidance for the 30 August auction is less than Clarke's 2006 purchase price . The property offers a vast open-plan main living area with high a vaulted ceiling . The five bedroom home has enough room to accomodate a large or extended family . Clarke paid $2.87 million for the home in 2006 and has renovated it since . The property offers Numerous entertaining terraces, tiered lawns, lush greenery . The bathrooms are described as 'chic' Michael Clarke bought a Vaucluse home earlier this year for $8.5 million when the previous owners agreed to drop the price down from $9.5 million . The 1,667sqm waterfront land has majestic river views to Sydney's Royal National Park .
Michael Clarke is selling his Lilli Pilli home . million in 2009 will make a $170,000 loss on the first investment property, is located in the Sutherland Shire close to where Australia's park backdrop and sweeping riverfront views and four bathrooms. The split-level property also wife Kyly moved out of their Bondi base earlier also in Sydney's east. The pair paid $8.5 million extended family . Clarke paid $2.87 million for the home in 2006 and has renovated it since . The Vaucluse home earlier this year for $8.5 million