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As with the suburb Ripponlea, which had been named after the adjacent "Rippon Lea Estate" of Sir Frederick Sargood, Elsternwick had been named after the largest property in the district, Charles Ebden's "Elster".
In the same way that Ripponlea took its name from the "Rippon Lea Estate" of Sir Frederick Sargood, Elsternwick took its name from the largest property in the district: Charles Ebden's house Elster (Elster is German for "magpie" :de:Elster).