Newtown Sydney terrace sale price smashes record

Byronleigh, a traditional Newtown terrace has fetched $3.76 million, eclipsing the previous street record.

The circa 1880 home is part of the landmark row of historic Victorian terrace on Warren Ball Avenue.

Complete with contemporary design, the family home has four bedrooms, two bathrooms, original marble fireplaces and a private rear courtyard.

It was sold through Ray White agents David Rees and Greg Haimandos, having previously traded for $875,000 in 2000.

The home set the street record, which has stood since 2014 when the home next door sold for $3.625 million.

There were bids from three of the seven registered parties, with bidding opening at $2.9 million.

During the campaign, more than 200 groups came through the property, with 15 contracts issued.

The successful buyer was a young family renting in Newtown.

The two-storey home is part of a landmark row of eight terraces developed by alderman George S Brock in the late 1800s Italianate boom style facade.

Newtown’s median house price is $1.28 million, according to CoreLogic.