SMH ·general ·2 hours ago

Record $30m penthouse sale highlights Queensland’s stark housing divide

A beachfront penthouse on the Gold Coast has smashed Queensland’s off-the-plan apartment price record, selling for $30 million as the state’s prestige property market continues to defy broader cost-of-living pressures. Developer Mayd announced the sale of the double-storey residence atop the One Burleigh development at Burleigh Heads on Monday, eclipsing the previous $24 million benchmark set in 2023.

Summary by Glance · SMH

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