Mona Vale beachfront home fetches record $29 million

A Mona Vale beachfront house, once owned by Australia’s McDonald’s boss, has sold for $29 million in an off-market deal. The sale has set a new property record for the Northern Beaches suburb, more than doubling its previous benchmark of $13.5 million, set in October 2025. The sprawling beach house was bought by poker player Tom Rafferty and his wife, Milly.An off-market dealThe home at 27–29 Surfview Road was sold off-market.

It never went to a public auction or an open listing. Joshua Perry of Bell Property Dee Why, who handled the deal, said the owners did not want strangers walking through the house. “It was really a one-on-one discreet buyer process.

The owner didn’t want the home marketed to the masses. They simply wanted one particular buyer who was well-suited to the property – so that’s what we did. We approached the vendor with the purchaser,” Perry told the outlet.