Burwood's new record residential sale
Burwood's suburb record was smashed when an eight bedroom home on 3687 sq m block at 4 Woodside Avenue sold for $6.5 million.
The property had been passed in on a vendor bid of $9 million in August last year.
Agent Romani Iskander of Raine and Horne Burwood secured the sale to local Amy Shen who had been looking for a family home for a fortnight, before she, her husband and their three little boys discovered the pink palace, which was knocked down to them by auctioneer Tom Panos.
Wellings, one of the oldest estates in Sydney's inner west, had been listed by artisans Frank and Marcellina Civardi, of Civardi Furniture.
They had secured the 3,679 square-metre Burwood estate in 1990 for $900,000 when it was unliveable.
Heritage architect Lester Tropman helped restore the gothic-style villa which dates back to 1813.
It was first officially recorded in the 1830s as owned by London shipowner William Richards and extended over the year starting from 1860.
The Burwood median house price sits at a record $1.75 million, according to CoreLogic RP Data.
Burwood's record has been regularly revised sitting for a few months at $4.75 million on the Appian Way, having been $4.46 million when Ivanhoe, at 16 Eurella Street sold late last year.
Wellings is located at 4 Woodside Avenue East on 3,679 square metres, with not only the main residence but also The Gatehouse.
The three-bedroom gatehouse is one of the first pre-fabricated homes in Australia.
The gatehouse was made in Hamburg, then exhibited in Paris in 1854 before it was imported for the French Consul General's residence in Hunters Hill, Passy.
It was moved to Wellings in 1967 by former owner Dr Lindsay Grant and his wife, Adeline (nee Agnew).
The estate featured in the 2005 movie, Son of Mask.