Living the dream with the world’s best harbour at your feet
Luxury living reaches new heights in this harbourside penthouse
2 min
There are luxury residences and then there is 81.01/1A Barangaroo Avenue. This world class penthouse with 360 degrees of Sydney Harbour offers an extraordinary opportunity to enjoy the best the Emerald City has to offer without compromising on space or amenity.
Set across two full floors and spanning over 800sqm, this lavish residence on offer through Black Diamondz enjoys uninterrupted views of the harbour across to Darling Harbour and the Blue Mountains to the west, and the glittering Pacific Ocean to the east.
Perched 245 metres above sea level and a mere 30 metres from the harbour’s edge, this sumptuous residence offers exceptional connectivity to the best Sydney has to offer with abundant living space indoors and out.
Unsurpassed Amenities
The floorplan includes five light-filled bedrooms each with ensuite bathrooms, as well as a lavish master suite complete with walk-in robes, twin rain shower, and steam room that gives new meaning to the word ‘indulgence’. The penthouse offers multiple generous living spaces as well as a spacious home office with commanding views of the harbour. Health and leisure features include a private plunge pool, cinema room, and gym. There is also more than 50sqm of outdoor living space spread across three protected balconies, connected by a feature staircase and a private internal lift that opens to a galleried second floor.
Architectural and Design Marvel
Designed by award-winning architect WilkinsonEyre, Crown Sydney’s striking sculptural form means each residence is unique in size and layout. Inside the penthouse, Meyer Davis Studio Interiors has crafted an interior space that is nothing short of jaw dropping in a quietly sophisticated neutral palette with detailed, bespoke joinery, herringbone flooring and stylish floor-to-ceiling drapery. Six metre-high floor-to-ceiling windows flood the space with natural light while offering panoramic vistas that are nothing short of sublime.
Full Access to Hotel Luxuries
What truly sets this penthouse apart is its full integration with the Crown Sydney hotel below. Residents enjoy complete access to hotel services, including a 24-hour concierge, valet parking, housekeeping, and in-room dining services from Crown’s esteemed chefs. Additionally, residents have exclusive access to two pools, a state-of-the-art gym, a six-star day spa, and a tennis court.
“With this Penthouse, we have unquestionably set a new standard for residential living not just in Sydney, but globally,” said the spokesperson for Crown Residences. “It’s more than a home; it’s a once-in-a-lifetime opportunity for those who demand the absolute best.”
The Crown Residences at One Barangaroo Penthouse is available for immediate occupancy.
For more information, visit Crown Residences at One Barangaroo.
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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.
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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.
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