Record-Breaking Sales: Australia's Most Expensive & Affordable Homes in 2025
Australia's property landscape is diverse, with significant variations in property prices across different regions. Here's a snapshot of some notable sales in 2025:
New South Wales (NSW)
- Most Expensive: A luxury apartment spanning levels 81 and 82 of the Barangaroo tower in Sydney sold for approximately $80 million, setting a new national record for the highest price paid for a completed apartment.
- Most Affordable: A modest property in Broken Hill sold for $35,000, offering a budget-friendly entry into the NSW market.
Victoria (VIC)
- Most Expensive: The historic mansion 'Coonac' in Toorak reportedly sold for up to $150 million in February 2025, surpassing previous records.
- Most Affordable: A small cottage in Morwell sold for $40,000, ideal for first-time buyers or investors.
Queensland (QLD)
- Most Expensive: A beachfront estate in Palm Beach sold for $40 million, highlighting the appeal of coastal luxury living.
- Most Affordable: A quaint home in Burrum Heads was snapped up for $49,000, reflecting the affordability in regional Queensland.
South Australia (SA)
- Most Expensive: A prestigious property in Adelaide's eastern suburbs sold for $13.5 million, setting a state record.
- Most Affordable: A three-bedroom home in Balaklava sold for $194,000, offering a spacious block and renovation potential.
Western Australia (WA)
- Most Expensive: A beachfront mansion in Cottesloe sold for $22 million, featuring panoramic ocean views and luxury finishes.
- Most Affordable: A fixer-upper in Trayning was acquired for $30,000, presenting an opportunity for savvy investors.
Tasmania (TAS)
- Most Expensive: A historic estate in Hobart's Battery Point sold for $7 million, boasting heritage charm and modern upgrades.
- Most Affordable: A small home in Queenstown was purchased for $25,000, reflecting the affordability of regional Tasmania.
Australian Capital Territory (ACT)
- Most Expensive: A contemporary residence in Canberra's Forrest suburb sold for $10 million, offering proximity to national institutions.
- Most Affordable: A compact unit in Belconnen changed hands for $300,000, suitable for first-time buyers.
Northern Territory (NT)
- Most Expensive: A luxury home in Darwin's Larrakeyah area sold for $5 million, featuring tropical landscaping and waterfront access.
- Most Affordable: A modest dwelling in Tennant Creek was sold for $45,000, emphasizing the affordability in remote areas.
Please note: The above figures are based on available data and may vary.