Two luxury penthouses in Toorak have shattered local real estate records, selling off-the-plan for a staggering forty-two million dollars combined. These record-breaking sales, totaling nearly twenty-nine million dollars each, make them the most expensive penthouses ever sold in the prestigious suburb. The development, Como Toorak, is still under construction and isnt expected to be finished until February of 2026. These sales also set new benchmarks for price per square meter, with one penthouse achieving over forty-six thousand dollars per internal square meter. Each penthouse is massive, spanning over four hundred square meters, and includes amenities more akin to a private club, such as a cinema, wine cellar, sauna, steam room, gym, and dog wash station. Both buyers made significant customisations, with one adding a basement bar and beauty room, and the other opting for his-and-her master robes and a spa by the rooftop pool. This demonstrates the strong appeal of homes that offer all the luxury and scale of Toorak living without the usual maintenance. The Melbourne penthouse market remains exceptionally strong, with demand far outstripping the limited supply of such unique properties.

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