Corrugated iron 1940s tin shed $2.73 million Redfern record after Raffaello Rosselli repurposing

A two-bedroom house with a rear studio made out of recycled tin has broken Redfern's house price record, selling for $2.73 million.

A crowd of 100 gathered at 105 Marriott Street, to watch less than a handful of bidders push the price $230,000 above the $2.5 million reserve for the 265 square metre property.

It sold to an inner-west family though Charles Touma of Belle Property Glebe by the Byron Bay bound vendor film producer Jane Smith, who grew up on a farm in Cootamundra and thinks tin sheds are great. There had been $2.25 million plus pre-auction hopes by Jane Smith who first moved to Redfern 15 years ago.

The property had previously sold in 2010 at $1.65 million, and in 2007 at $1,275,000 and at $701,000 in 2001.

The previous Redfern record was set in 2013 when the 27 Chelsea Street home of late artist Brenda Humble sold for $2.58 million. The four-bedroom home on 400 square metres sold for $330,000 over its reserve.

Redfern's weekend offering was a double fronted three bedroom freestanding home plus freestanding rear corner tin shed building.

The historic 1940s tin shed had undergone a designer transformation into two self-contained spaces.

The rear tin shed - credited to architect Raffaello Rosselli - is set up as a work from home space with kitchenettes. It had also been available on Airbnb.

The shed in its prior state was structurally unsound so the original shed was disassembled in 2011 and set aside for the erection of a new timber frame.

Layers of corrugated iron accumulated over generations of adhoc repair were then reassembled on three facades with Corten steel window boxes opening up the once windowless space.

The front and rear dwellings are connected by a grassed yard with timber decking.

The median house price for Redfern sits at $921,500, an 11% jump from the previous 12 months, according to RP Data.

It was among the many record prices set across Sydney suburbs so far this year.

This list of records set in eight known suburbs, according to APM figures, includes consecutive records set at Matraville.

Warren Ball Avenue, Newtown: undisclosed but $3.5 million plus (previous $3.2 million in 2010)

Water Street, Wahroonga: $9.2 million ($7.5 million in 2013)

Llandilo Avenue, Strathfield: $6.8 million ($5.75 million in 2007) through Joseph Georges & Co

Larose Avenue, Matraville: $2.04 million ($1.93 million in 2014)

Trevilyan Avenue, Rosebery: $2.17 million ($2.02 million in 2013)

Belmore Road, Peakhurst: $1.64 million ($1.48 million in 2013)

Montpellier Ridge, Bella Vista: $2.24 million ($2.08 million in 2013)

Georges River Crescent, Oyster Bay: $3.45 million ($2.9 million in 2007)

(Source APM)