Anthony Albanese has insisted he still knows what it’s like to live on struggle street despite plonking down $4.3 million for a clifftop mansion on the NSW Central Coast.

The Copacabana property on the NSW Central Coast is touted as being "clifftop perfection" and features expansive ocean views.

Anthony Albanese is spending a whopping $4.3million home on a cliff top home on NSW’ Central Coast. According to 2GB, contracts for the Copacabana property were exchanged in September, and settlement is due to happen by the end of this month.