Sydney’s most jaw-dropping penthouses are hitting the market in 2025, combining world-class design, elite amenities and views worth every cent.
4 min
Sydney’s top end of town is experiencing a wave of new luxury penthouses, and there’s no shortage of buyers willing to pay top dollar for them.
The must-haves? Unobstructed views, preferably of the Harbour; multiple levels with several living areas; enough bedrooms to accommodate the Brady Bunch; and cutting-edge technology that seamlessly integrates into everyday living.
Fresh off the heels of the near $80 million sale of the three-level penthouse atop the Crown Towers building in Barangaroo, we’ve curated a list of the five best new penthouses currently on the market across Sydney.
Origami is the highest-end new development in Bondi Junction, featuring a range of penthouses to match.
The 19-level tower, developed by JQZ, has been designed by legendary Japanese architect Koichi Takada, renowned for his award-winning, cutting-edge designs that have shaped the skylines of Sydney and the Gold Coast.
The 88 apartments have been split into three separate residences: Podium, Tower, and Signature, ranging from $1.5m one-beds (without parking) to the two 320 sqm-plus penthouses.
The penthouses boast premium finishes including imported marble (Arabescato and Travertine), bespoke joinery, ultra-premium Wolf and Sub-Zero appliances, wine cellars, and the best views of the city and Harbour.
Internationally renowned interior designer David Hicks, known for his work on ultra-high-end residences globally, has crafted opulent living spaces with signature details, including custom marble benchtop edging, atmospheric lighting, and sumptuous bathrooms described as “sanctuary within a sea of spa-like space.”
“I wanted to create the same standard of sophistication and lavishness that people have come to expect from the houses I have worked on,” said Hicks.
Residents will enjoy luxury amenities, including a heated rooftop pool with panoramic views, BBQ facilities, a wellness room, a gym, and a 24-hour hotel-style concierge service.
1st City agents Brad Caldwell-Eyles and Yaron Foghel are marketing Origami.
The penthouse atop the Sirius building offers views that are never to be repeated. Sirius, a redevelopment of the brutalist social housing block designed by legendary architect Harry Seidler in 1979, is the closest building to the Sydney Harbour Bridge, facing north and offering gun-barrel, never-to-be-built-out views of the Sydney Opera House.
The penthouse spans over 430 sqm of internal space, featuring an open-plan living and dining area that flows seamlessly to a 40 sqm outdoor entertaining terrace with sweeping views and a private plunge pool.
Its custom-made kitchen features hand-selected joinery, marble, and high-end Wolf and Sub-Zero appliances. There are four bedrooms, each with an ensuite, one of which is part of the master wing, complete with its own lounge room, study, opulent bathroom with a steam shower, and an extensive custom walk-in wardrobe.
The building offers a 24/7 concierge service, a gym, a heated swimming pool and sauna, as well as a lounge and meeting room.
The penthouse has a guide price between $45m and $50m, listed with Steven Chen of The Agency and Colliers Director Luke Hayes.
Staying in The Rocks, and in another landmark building by Harry Seidler. The SkyHouse, the penthouse atop the 2003-built Harrington Street tower, has been listed for $30 million.
Reportedly eyed by Nicole Kidman and Aussie John Symond when it was for sale in 2018, the three-level apartment spans around 687 sqm and features one of the most unique attributes of a penthouse not just on this list, but in the country: a super-yacht-inspired rooftop spa terrace, complete with a sunken spa and views of the Opera House and Harbour Bridge.
The five-bedroom, seven-bathroom penthouse features a private spa retreat with a Jacuzzi and massage table, a gym, a butler’s pantry and a separate bar in the kitchen, and a self-contained guest wing.
Levy Property Group Double Bay agents Nathan Antunes and Chana Levy have the listing.
The most recent penthouse listing is one of the best on the list—a three-level, glass-encased apartment in the heart of the CBD. Crowning a Kent Street building designed by Angelo Candalepas, the expansive apartment spans 412 sqm of internal and external space and has been pitched as a ‘home in the sky.’
The heart of the penthouse is its expansive sculptural kitchen, featuring natural stone and timber joinery, paired with premium appliances, including a wine climate cabinet. The main living and dining areas flow onto a landscaped private terrace, offering views over the city and Darling Harbour. A private lift or staircase connects each of the three levels.
The second floor houses three of the four bedrooms, while the top level is dedicated solely to the master suite, complete with a bedroom, lounge area, walk-in wardrobe, and a stone-finished bathroom, as well as a private rooftop terrace surrounded by lush greenery.
Laver Residential Projects is marketing West Village, which has a total of eight apartments. The development is scheduled to be completed by 2027.
Not all penthouses are in the sky. Some penthouse buyers prefer to be on the top level of a smaller block, more interested in having neighbours and a community rather than sweeping views.
That being said, the penthouse atop Bianca Drummoyne, the new boutique harbourfront development by Central Element, boasts uninterrupted views of the water and down the harbour to the Harbour Bridge.
The 410 sqm penthouse, designed by Adam Haddow of SJB Architects, occupies the entire top level of the five-storey building, which features just 12 apartments. It features direct lift access that opens directly to the views. There are three lounge areas, an extended island bench, and the pièce de résistance: the terrace with a built-in outdoor kitchen, alfresco dining, and lounge area, all with private views over the water.
The penthouse is listed with a $15.5 million asking price.
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The US housing market remains under pressure as high mortgage rates continue to weigh on affordability and demand. Industry leaders say 2026 has been one of the toughest years for home sales, with slower price growth, weaker mortgage activity, and fewer buyers entering the market. However, experts say reduced competition and more price cuts could create opportunities for well-prepared buyers.
2 min
The typically busy spring season for the housing market was a dud, and the summer isn’t looking much brighter.
Housing services companies like Zillow Group and Rocket RKT +3.78% were loud and clear last week on earnings calls: Rocket CEO Varun Krishna called the quarter through June “one of the toughest spring housing markets in years.”
Jeremy Hofmann, Zillow’s chief financial officer, said on a conference call that the company predicted earlier this year that the market for mortgages would be flat. “We actually now think it’s going to be down low-to-mid-single digits,” he said.
The rest of 2026 will remain challenging for mortgage origination volume, says KBW analyst Bose George. The question now is what happens in 2027. “If mortgage rates remain [around] 6.75%, I think that’s going to be challenging even for next year,” he says.
But what’s bad news for mortgage companies could be a positive for bargain hunters. Buyers can expect prices to grow more slowly—or mildly decline—with less competition as long as mortgage rates remain unpredictable.
Mortgage rates at the beginning of the year were solidly below year-ago levels, notes Zillow senior economist Kara Ng. But they surpassed last year’s levels recently, she adds, referencing Freddie Mac’s weekly survey of 30-year fixed mortgage rates. Last week’s reading, at 6.69%, was higher than year-ago levels for the first time in 2026.
“From the affordability point of view, it’s going to get more challenging in the second half of the year,” she says. “And when affordability gets more challenging, that impacts sales and home price appreciation.”
Mortgage application data tracked by the Mortgage Bankers Association has cooled since the beginning of the year. The trade group expects that the number of mortgage originations in the remaining two quarters will lag behind last year’s levels, after exceeding 2025 levels in the first half.
Rocket’s early-stage data—which the company told Barron’s it derives from its brokerage Redfin, demand for its mortgage products, and signs in its servicing portfolio that a homeowner is preparing to refinance or move—“leads us to expect the third quarter mortgage market to be smaller than the second,” Chief Financial Officer Brian Brown, said on the company’s call. He added that such an occurrence is “something the industry has not seen since 2022.”
Prices will be about flat nationally, Ng says. Zillow’s most recent forecast, which shows how values are expected to change in the year ending June 2027, show them dropping in roughly half of the 100 largest U.S. metros for which data is available.
Buyers aren’t rushing in at a time when mortgage costs are rising and unpredictable. But those with the right combination of patience and cash could stand to benefit. “If you are financially qualified to buy a starter home, you are facing less competition and you’re more likely to get a price cut,” Ng says.
