Most continents have two mountain ranges, usually near two opposite coasts, with a craton, a relatively flat area stable over geologic time and generally including a shield, which is a section of land area with very old rocks, more or less stable since Pre-Cambrian times, usually sandwiched between the ranges. (This broad-brush sketch does not include internal lakes, localized massifs, peninsulas, coastal plains, and other appurtenances, just a very rough skeletal outline of the minima shared by continents.) In some ways the definition is pushing things a bit (e.g., the Brazilian highlands as the eastern range for South America), but it works. Except for Greenland, if an island has serious mountains, they comprise its central spine.
New Guinea, Borneo, and Madagascar, in that order, are the second, third, and fourth largest islands. They are respectively 785,753 km², 748,168 km², and 587,713 km². Australia, by contrast, is a whopping 7.6 million km². The difference is a full order of magnitude – Australia is nearly ten times the size of New Guinea, and well over ten times the size of any smaller island, from Borneo on down.
Greenland is the kicker: it has a low area (covered by ice, to be sure) between two uplands (also covered by ice for the most part), and its area is 2,130,800 km² – about 28% that of Australia, and a full 2.7 times that of New Guinea. It’s almost as if it were thumbing its nose at human efforts to draw lines to define two distinct ideas instead of regarding them as parts of a continuum.