Sydney’s Most Expensive Property Sales in 2025
Two-level Penthouse at One Sydney Harbour, Barangaroo – $142 million
Purchased by company director Yan Zhang, this residence spans the top three floors of the One Sydney Harbour development. At $141.55 million, it is now Australia’s most expensive home sale to date, finalised in July 2025.
Sydney’s prestige property market continues to dominate headlines in 2025, with record-breaking sales redefining what buyers are prepared to pay for prime harbourfront and luxury homes.
These transactions not only highlight the strength of Sydney’s high-end real estate sector but also reflect the growing demand from both international and local buyers who see our city as one of the world’s most desirable places to live.
Sydney’s Top 5 sales so far this year
From landmark harbourfront estates steeped in history to state-of-the-art penthouses offering unmatched views of the harbour, these homes represent the very best of Sydney living. What makes this year particularly interesting is the diversity of buyers — global business leaders, tech entrepreneurs, and high-net-worth locals — all competing for rare and tightly held properties.
1.Barangaroo, One Sydney Harbour Penthouse – Sold for $141.55 million, Australia’s most expensive home to date.
When the amalgamated penthouse atop Lendlease’s One Sydney Harbour tower settled for $141.55 million this week, little-known name Yan Zhang appeared on the title deed for the three-storey luxury sky-home in Barangaroo.
2. “Elaine” – Point Piper Estate – $130 million
This iconic harbourfront estate, built in 1863, has long been one of Australia's most storied properties. Originally acquired by the Fairfax family, it remained under their ownership for over a century before being sold to tech billionaire Scott Farquhar in 2017 for $71 million Despite its derelict state and plans for a lavish $37 million renovation that met neighbourhood resistance, the prestige of its location—with sweeping north-facing waterfront views—helped it command $130 million in a landmark 2025 sale, tying the national residential
In a fascinating turn, the new owners—low-profile developers backed by private credit—are now subdividing the vast estate into four premium lots.
These include the original homestead, two waterfront parcels, and a stables site, with prices ranging from $50 million to over $60 million each
3. Barangaroo Penthouse (Crown Tower) – $80 million
This double-level Crown Tower penthouse is the only apartment represented among Sydney’s most expensive 2025 residential sales. Featuring high-end amenities such as a private pool deck, well-appointed gym, and wine cellar, it sold for $80 million to a local buyer—a rare apartment achieving trophy-house status in luxury real estate circles
4. Mosman Waterfront Residence (near Chinaman’s Beach) – $43 million+
A single, discreet off-market sale shook the North Shore when this Mosman property near Chinaman's Beach sold for more than $43 million, setting a new record for the suburb and any property north of the Harbour Bridge. Owned by Vic and Maria Virgona—who previously merged two adjacent properties into one grand waterfront home—the residence boasts not only stunning harbour views, but also an indoor pool and gym
The Virgonas are reportedly downsizing to a Manly penthouse, and this one-off property, offering such size and proximity to the water, was a hot ticket among buyers—multiple parties vied for it before the sale was sealed
5. Kirribilli Waterfront Home, Elamang Avenue – $41 million+
This Kirribilli home broke all records when it sold for just over $41 million, more than doubling the previous suburb benchmark of approximately $23 million. Purchased by Anthony Sullivan, former director of MCoBeauty, the four-bedroom home sits on a generously sized 766 sqm block—an exceptional offering for Kirribilli
Kirribilli is a quintessentially Sydney suburb, centrally located with a strong community feel and longstanding low property turnover—so when a quality home like this becomes available, it attracts intense competition