For now, the nondescript 130-year-old house in 18 Paget St, Freemans Bay, still stands. Most of the original two-bedroom cottage is buried under several decades worth of additions to the building.
Such attractive buildings used to define Ponsonby and give it a unique look. In recent decades, much of the area's built heritage - the technical term for "old buildings" - has been demolished to be replaced by architecturally self-indulgent follies that may date faster than you can say "glass bricks".
The Paget St property was sold to Wynnis Armour for $2 million more than a year ago. Turns out she was not intending to pay $1 million per bedroom with a nice view thrown in. Armour wants to demolish the house and build what may be, for all we know, something that will make the Sydney Opera House look shabby.
It's a paradox that Ponsonby has not only a high number of attractive old buildings, from humble workers' dwellings to merchants' mansions, but also a large number of people with much money and no taste who want to live within walking distance of bars and over-priced frock shops and are prepared to wipe out part of the national heritage to do so.
Individuals own the properties but we all own the heritage. And every time yet another no-account house is knocked down, we lose something beyond price.