The idyllic lifestyle promoted by property developers during the 1880s saw Sydneysiders flock to the lower north shore, creating a momentum of buying and building that would transform the sleepy suburbs of Mosman and Cremorne.
In the first four years of the decade, the average land price in Sydney exploded by more than 80 per cent, with affordable home loans creating an enormous bubble, which peaked in 1888.
The inevitable crash came in 1891 – and with it, thousands nationwide were left homeless.
Between 1880-1884, house prices in Sydney exploded by more than 80%, before the bubble finally burst in 1891.
In Sydney, harbourside suburbs like Mosman saw desperate families set up shanty towns as a last resort. Rudimentary structures made from flattened out kerosene tins and salvaged rubbish sprung up along the shoreline, providing a temporary home for those who had lost their jobs and could no longer afford to pay rent.
Known as Tin Towns, the camps grew into micro suburbs where, it has been said, a sense of community was formed.
The only known photograph of a Tin Town, located in the area today known as Beauty Point. Image: Mosman Library.
This photo, taken circa 1910, shows Mosman’s Tin Town, though the exact spot remains elusive. The view looks towards Quakers Hat Bay, possibly from Cremorne. The postcard is likely to be the only pictorial record, given a thorough search of Trove and various history sites did not provide any clues.