Sydney’s Sky-High Luxury: Record $141.55M Penthouse Sale at One Sydney Harbour

Source: Domain

In a historic milestone for Australia’s property market, a Sydney penthouse has shattered all national home price records with a staggering $141.55 million sale. Multimillionaire Yan Zhang secured the top three levels of Lendlease’s One Sydney Harbour tower in Barangaroo, making it the country’s most expensive home to date.

Designed by renowned architect Renzo Piano, the luxury residence spans over 1600 sqm, featuring:

• Nine bedrooms

• Eight-metre ceilings

• Rooftop pool, spa, and gym

• A private sub-penthouse for family and guests

• And a jaw-dropping $100,000+ per sqm price tag.

The deal combines the two-level penthouse for Zhang’s personal use and the floor below for visitors — all overlooking the iconic Sydney Harbour.

This surpasses former record-holders like:

• Scott Farquhar’s $130M Point Piper mansion

• Crown’s $80M penthouse

• Mike Cannon-Brookes’ $100M Fairwater estate

The sale also cements Barangaroo’s rise as Sydney’s new ultra-luxury precinct, where 95% of residences in One Sydney Harbour are now sold, generating over $4 billion in sales.

Despite recent dips, Barangaroo’s median unit price sits at $4.675M, up 26.4% over five years — and now with a penthouse sale that signals a new era in Australian high-end real estate.

📍 Luxury lives sky-high in Barangaroo — and the bar has never been set higher.

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