An early-1920s Clayfield home that was once marketed as a renovation opportunity has changed hands for $4.5 million after a dramatic transformation into one of the suburb’s more distinctive character residences.
The six-bedroom home at 58 Elliott Street, known as “Barneath”, sold by private treaty on 7 August for $4.5 million.
Set on 810sqm, the property now has five bathrooms, multiple living areas, a swimming pool and cabana, wine cellar and a substantial contemporary extension wrapped around the character of the original home.
Its recent sale is the latest chapter in a property story that looks very different from where it stood a decade ago.
A Very Different House in 2016
When 58 Elliott Street went to market in October 2016, the property was a three-bedroom, one-bathroom house on the same 810sqm parcel.
The sales campaign described it as an early-1920s home with the potential to be restored and renovated, while also pointing to the site’s two lots and low-medium density residential zoning.
It sold for $940,000.
What followed was a substantial transformation. The property later emerged as a six-bedroom, five-bathroom residence combining the older character home with a much larger contemporary design.
By March 2021, it had sold again for $2.92 million.
Five years later, it was back on the market.
Old Clayfield Meets Contemporary Design
The latest campaign put the home’s mix of old and new front and centre.
Behind the character exterior, the renovation introduced polished concrete floors, recycled brickwork and large open living spaces, along with a modern kitchen, butler’s pantry and a walk-in wine cellar.
Some of the less conventional details came from reclaimed materials. The staircase incorporates recycled timber described in the listing as dating from around 1860, together with reclaimed bridge girders, while railway sleepers were used around the wine cellar.
Outside, the house opens to a covered entertaining area, saltwater swimming pool and cabana.
Upstairs are five bedrooms, including a main suite with its own balcony, walk-in wardrobe and ensuite. A further room downstairs can serve as guest accommodation or a home office.
The property also has solar power, battery storage and air-conditioning.
$4.5 Million Sale Caps the Transformation
Barneath was listed in May with a $4.65 million asking price and remained on the market for about three months before selling for $4.5 million on 7 August.
That is $1.58 million above its previous recorded sale price of $2.92 million in 2021.
The longer view is more striking: the same Elliott Street address sold for $940,000 in 2016, when the original house was still awaiting the renovation that would reshape the property.
The two figures should not be read as simple house-price growth — substantial building work separates the two versions of the home.
Instead, the sales history offers a snapshot of just how extensively one of Clayfield’s older houses has changed in the space of a decade.
Published 8-August-2026
