Sydney Beachfront Home Sells for Record A$29 Million

A beachfront property in Mona Vale, Sydney, has been sold in a private transaction for A$29 million, shattering the previous suburb record of A$13.5 million set in October 2025. The luxury home was previously purchased by McDonald's Australia chief executive for A$7.65 million in 2014. The discreet sale was conducted without public marketing to ensure maximum privacy for the owners.