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

AI Summary

A record sale of a $30 million penthouse in Queensland has underscored the stark housing divide in the region. This trend reflects the growing challenges of affordability amidst soaring luxury real estate markets.

A beachfront penthouse at Burleigh Heads has smashed records as the “uber-prestige” market thrives while the state grapples with a deepening affordability crisis.