PHOTO: The Earl and Countess of Stradbroke are renovating their opulent six-bedroom home in the suburb of Hawthorn, which was built in 1898. (Nine)

Many mansions are being bulldozed and replaced with apartments these days.

But in a rare case of real estate preservation a Melbourne family from English aristocracy are instead retaining their magnificent city estate.

The Earl and Countess of Stradbroke are renovating their opulent six-bedroom home in the suburb of Hawthorn, which was built in 1898.

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