Sydney’s luxury property market continues to defy broader economic trends, with penthouses leading the charge in 2025. Amid a slowdown in mid-tier luxury apartments, these sky-high residences are cementing their position as the ultimate symbols of exclusivity and enduring value.

Eterno Property Group’s latest coastal development, Halcyon in Bondi, exemplifies this momentum. Designed by MHNDU with interiors by Richards Stanisich, the eight-residence project is anchored by a 300sqm full-floor penthouse offering sweeping views from Bondi to Bronte and a price guide around AUD$26 million.

Eterno Managing Director Sydney Ma describes the penthouse as “the pinnacle of the project and a defining moment for the brand,” delivering “the best of both worlds – an elevated private retreat and a lifestyle intrinsically connected to Bondi and Tamarama.”

Architect Liam Hancock of MHNDU said the design’s key principle is connection: “Although the penthouse sits on the top floor, it isn’t isolated from the natural environment below. The scale of the site allowed us to give every resident – even those at the top – direct connection to greenery and ocean air.”

Richards Stanisich Director Kirsten Stanisich added: “The penthouse is the ultimate expression of Halcyon’s quiet luxury. Every material – from hand-worked timber to curved stone mosaic — reflects the sculpted cliffs and weathered textures of the coastline.”

With its tranquil interiors, sweeping northern light and ocean-facing terraces, Halcyon’s penthouse redefines coastal sophistication — a home grounded in nature yet elevated above Bondi’s most coveted ridgeline.

Read more about Halcyon at eternoproperty.com.au