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The Q1 Observation Deck Elevator, one of the Fastest in the world! Ground level to the 77th floor in 24 seconds! Unbelievable! - Surfers Paradise, Gold Coast, Australia. *The Q1 is the tallest residental building in the world!* The Q1 is the Tallest building in Australia, it stands at an impressive 322.5 meters above sea level (1,058 ft). The Q1 stands as the 27th Tallest building in the world to date. Location: Surfers Paradise, Gold Coast, Queensland, Australia. (Filmed on a Sony Ericsson K850i Mobile Phone).